What Is the Cheapest Place to Live in Las Vegas? 2026 Ranking

The cheapest places to live in the Las Vegas valley are Sunrise Manor and the east valley and North Las Vegas — the two areas where median home prices sit meaningfully below the metro line and where the lowest-priced single-family inventory actually closes. In the 12 months ending September 18, 2026, the Sunrise Manor ZIPs 89122, 89115, and 89156 each closed at a $345,000 to $346,000 median, North Las Vegas ZIP 89030 closed at $330,000, and the valley-wide median across all 27,376 home closings was $445,000. Apartment rents in these areas commonly start between $900 and $1,200 a month.

That's the direct answer. The more useful question — and the one this guide actually answers — is what you trade away for the lower price, and which of the cheap areas are genuinely good buys rather than just cheap. This September 2026 refresh re-ranks every ZIP with 40 or more closings on Las Vegas MLS data pulled through Repliers on September 19, 2026, with price per square foot, median days on market, and condo-or-townhome share for each. Across the 9,600+ transactions Nevada Real Estate Group has represented statewide, we write offers in every one of these submarkets, and the honest verdict differs sharply by area: some of the valley's affordable pockets are the best value in the metro, and others are cheap for reasons that will follow you to resale.

The cheapest places to live in Las Vegas are the east valley's Sunrise Manor ZIPs, where 89122, 89115, and 89156 closed at $345,000 to $346,000 medians in the 12 months ending September 18, 2026, and North Las Vegas, where ZIP 89030 closed at $330,000 — all against a $445,000 valley median. The lowest ZIP median of all, 89103 at $321,000, is 41% condos. North Las Vegas offers newer construction; Sunrise Manor the lowest single-family entry.

• Sunrise Manor ZIPs 89122, 89115, and 89156 closed at $345,000 to $346,000 medians, $100,000 under the valley line.
• North Las Vegas ZIP 89030 closed 213 homes at $330,000; the city's newer ZIPs run $400,000 to $450,000.
• ZIP 89103 posts the lowest median at $321,000, but 41% of its closings were condos or townhomes.
• HUD's FY2027 Fair Market Rent for a Las Vegas two-bedroom is $1,686; affordable-area apartments start near $900.
• Cheapest is not always best value — commute, housing age, and district assessments decide resale.

What Is the Cheapest Place to Live in Las Vegas?

Sunrise Manor, the unincorporated community in East Las Vegas, carries the valley's lowest single-family entry prices. Its ZIPs — 89122, 89115, 89156, 89142, and 89110 — closed 1,872 homes in the 12 months ending September 18, 2026 at medians from $345,000 to $375,000, roughly $70,000 to $100,000 under the $445,000 valley median, and with condo-or-townhome shares of only 15% to 20%, those medians mostly describe detached houses. It is the most affordable place in the valley to buy a single-family home, and it is also centrally located, which is the part most affordability lists miss: Sunrise Manor sits close to the Strip, downtown, and Nellis, so the low price does not come with a punishing commute.

North Las Vegas is the close second and, for a large share of buyers, the better overall answer. Its oldest ZIP, 89030, closed 213 homes at a $330,000 median and $238 per square foot in 24 median days; the city's larger, newer ZIPs run higher — 89032 at $400,000, 89086 at $410,000, 89081 at $418,888, 89031 at $419,150, and 89084 at $450,000 — but every one of them closed in 19 to 34 median days at 98.2% to 99.4% of original asking price, the tightest pricing discipline in the valley. What separates North Las Vegas is the age of the housing stock — its master plans and new-construction communities are significantly newer than East Las Vegas's mid-century inventory (24% of ZIP 89084's closings and 21% of 89081's were built in 2025 or later), so buyers get modern floor plans, current energy efficiency, and fewer deferred-maintenance surprises at a price still under the metro median.

According to the U.S. Census Bureau, Clark County's growth has pushed development north and east, which is precisely why these two areas anchor the affordability map: they have the land and the inventory that the built-out west and southeast simply don't. The honest caveat about "cheapest": the single lowest ZIP median in the valley is 89103, west of the Strip, at $321,000 — but 41% of its closings were condos and townhomes and it carried 9.1 months of supply as of September 18, 2026, so it is a condo market first. The ranking below separates the two.

How Do the Valley's Affordable ZIP Codes Rank in 2026?

Every ZIP in the valley with 40 or more closings and a median under $400,000 in the 12 months ending September 18, 2026, ranked by median sold price. Read the condo-share column with the median: where attached product is 40% or more of closings, the detached homes in that ZIP cost meaningfully more than the median suggests.

Note what that table shows about the actual spread: the gap between the cheapest detached-home ZIPs and the valley median is roughly $100,000, not the multiples that "cheapest place to live" framing implies. Las Vegas is a comparatively compressed market — you are not choosing between a $200,000 neighborhood and a $700,000 one; you are choosing between a $345,000 one and a $445,000 one, and the difference in daily life is smaller than the price gap suggests. Two patterns are worth pulling out. The four ZIPs with the lowest medians (89103, 89169, 89119, 89118) all carry condo shares of 40% to 55% and 7 to 10 months of supply, which means they are where a condo buyer finds the deepest choice and the most negotiating room, not where a house buyer finds the cheapest house. And the ZIPs that close fastest — 89104 at 19 days, 89106 and 89107 at 21, 89142 at 21, 89110 at 22 — are all older central and east-valley neighborhoods, which tells you the demand for an affordable detached home on a real lot is deep. For the valley-wide picture of how speed varies by price band, see our average days on market guide.

Why Is North Las Vegas So Much More Affordable?

Three structural reasons, none of which are about the quality of the homes. First, land supply. North Las Vegas has had developable land available while the west and southeast valley built out, so builders kept delivering new inventory at accessible price points — the fundamental driver of affordability in any market. The data shows it directly: 24% of ZIP 89084's 860 closings and 21% of ZIP 89081's 539 closings in the 12 months ending September 18, 2026 were built in 2025 or later, and the Tule Springs master plan alone closed 177 homes with 67% new construction.

Second, distance from the highest-demand employment and amenity cores. Summerlin and Henderson command premiums partly for proximity to the west-side corporate corridor, the Summerlin amenity base, and the Henderson medical corridor. North Las Vegas trades some of that proximity for price. Third, the perception lag. North Las Vegas carries a reputation formed a generation ago that its current master plans — Aliante, Tule Springs, Valley Vista — have long outrun. In our experience showing buyers both, the reaction to a modern North Las Vegas master plan is consistently "I didn't expect this," and that gap between perception and product is exactly where value lives for a buyer willing to look. The market has noticed even if the reputation has not: ZIP 89081 closed at 99.4% of original list price in 19 median days, and 89031 at 98.9% in 21 days — the two tightest ZIPs in the entire valley.

The counterweight to be honest about: commute cost is real. If your job is in Summerlin or Henderson, a North Las Vegas purchase can add meaningful daily drive time, and that has a dollar value in fuel, vehicle wear, and hours. Run that math before you trade $60,000 of purchase price for it. And note the split inside the city: ZIP 89030's $330,000 median is the old core near Lake Mead Boulevard with 1950s-to-1980s stock, while the $400,000-to-$450,000 ZIPs to the north are the master plans. They are different purchases at different price points, not one "North Las Vegas."

Is Sunrise Manor a Good Place to Buy?

This is where honesty matters more than a ranking. Sunrise Manor is genuinely the valley's most affordable single-family entry, and it is genuinely block-by-block variable. The area's housing stock is older, largely mid-century through 1980s, and condition ranges widely across short distances — two streets can differ substantially in upkeep, and a median price tells you nothing about which street you're standing on. The numbers are consistent across its ZIPs in the 12 months ending September 18, 2026: 89122 closed 589 homes at $345,000 and $219 per square foot, 89115 closed 301 at $345,000, 89156 closed 322 at $346,000, 89142 closed 239 at $360,000 in 21 days, and 89110 closed 421 at $375,000 in 22 days. At $211 to $232 per square foot, the east valley is also the cheapest place in the metro to buy square footage.

For the right buyer, that's an opportunity rather than a warning. Central location, the valley's lowest detached entry price, and older homes on larger lots than newer tract product make it attractive to first-time buyers, investors, and anyone willing to underwrite condition. The 21-to-30-day medians on market across these ZIPs — faster than Summerlin's 34 — say the buyer pool is deep. Our Sunrise Manor buyer's guide breaks the area down street pattern by street pattern, the Sunrise Manor community page covers the neighborhood basics, and the affordable-inventory search on the Sunrise Manor homes-for-sale page shows what's currently active.

The rule we give every buyer here: inspect harder than you would anywhere else in the valley. Older stock means roofs, HVAC, plumbing, and electrical panels all deserve real scrutiny, and a $345,000 purchase that needs $45,000 of work is a $390,000 purchase. That doesn't make it a bad buy — it makes it a buy you need to price correctly. Budget the inspection contingency as a negotiation, not a formality, and in our experience the seller credit that follows a thorough east-valley inspection routinely runs $5,000 to $15,000.

What Does It Cost to Rent in the Cheapest Las Vegas Areas?

Renting is where most newcomers start, and the affordable areas hold the valley's lowest rent floors. According to HUD's FY2027 Fair Market Rents, in effect since October 1, 2026, the metro-wide benchmark for the Las Vegas-Henderson-North Las Vegas area is $1,310 for an efficiency, $1,435 for a one-bedroom, $1,686 for a two-bedroom, $2,317 for a three-bedroom, and $2,652 for a four-bedroom — figures HUD sets at roughly the 40th percentile of the metro's rents, which makes them a fair proxy for a modest unit. The affordable-area ranges below are the ones we quoted in the July 2026 edition of this guide, drawn from lease listings our team has represented in these ZIPs; they sit under the HUD benchmark for every unit type, and the Summerlin and Henderson column sits above it.

The practical read: renting in an affordable area saves roughly $300 to $400 a month against the HUD metro benchmark for the same unit type, and $500 to $900 against Summerlin or Henderson. Over a two-year lease that's $7,200 to $21,600 — often the difference between having a down payment and not. That is the single most useful thing an affordable area does for a first-time buyer: it's not just a cheaper place to buy, it's a cheaper place to save while you prepare to buy. The comparison that matters most is the last row against a mortgage: a three-bedroom at HUD's $2,317 benchmark competes directly with the payment on a $345,000 Sunrise Manor house, which at Freddie Mac's 7.40% rate for the week of October 15, 2026 runs about $2,498 a month with 3.5% down including FHA mortgage insurance, before taxes and insurance. Our cost of living in Las Vegas guide puts those housing numbers next to utilities, insurance, transportation, and the state's no-income-tax structure so you can build the full monthly budget.

Which Cheap Areas Are Actually Good Value?

Cheap and good value are different questions, and conflating them is the most expensive mistake buyers make at this price point. Value depends on what holds up at resale, and three factors drive that in the affordable tier:

Newer construction generally resells more predictably. North Las Vegas's modern master plans have a cleaner resale profile than scattered older inventory, because buyers can comparison-shop identical floor plans and lenders can appraise them easily — the 99.4% sale-to-original-list ratio in ZIP 89081 is what that looks like in practice. Location relative to employment matters more as you go cheaper, because commute cost is a larger share of a lower-income household's budget — an area that's cheap but 45 minutes from work may not be cheap at all. And assessment structure is the hidden variable: some newer affordable communities carry SID/LID bond assessments, which, according to the Clark County Treasurer, are billed separately from both the property-tax bill and the HOA statement and can add to monthly carrying cost. We break that mechanism down in our SID and LID guide; always ask, because a home with a district assessment carries more than its price alone suggests.

Our honest ranking for value rather than raw price: North Las Vegas master plans first (newer stock, real inventory, defensible resale, 19-to-25-day closings), Sunrise Manor and the east valley second for buyers who can underwrite condition (lowest detached entry at $345,000, central location, larger lots, $211 to $232 per square foot), the central no-HOA ZIPs 89107, 89108, and 89104 third (1950s-to-1980s homes at $365,000 to $380,000 that close in 19 to 23 days, the fastest in the affordable tier), and entry-tier Southwest and Enterprise fourth (ZIP 89139 at $474,740 is newer but priced above the valley median, and check the assessments). The condo-heavy ZIPs at the top of the price table — 89103, 89169, 89119, 89118 — are excellent for a buyer who wants a condo near the Strip with 7 to 10 months of supply to negotiate against, and a poor guide to what a house costs.

What Does the Cheaper Price Actually Cost You?

Every affordable area trades something for the discount, and naming the trade honestly is more useful than a ranking. Here is what each factor actually costs in the valley's cheap tier, with the 2026 medians filled in:

Two rows deserve emphasis. HOA exposure often runs in the affordable tier's favor — many older East Las Vegas and central neighborhoods carry no HOA at all, which can offset $50 to $200 a month against a newer community with dues. That's a real counterweight buyers routinely overlook when comparing sticker prices, and the no-HOA homes search shows how much of the affordable inventory qualifies.

Schools are the trade most families feel. According to GreatSchools, ratings across the valley vary widely by individual campus rather than cleanly by area, so the honest advice is to check the specific assigned schools for the specific address rather than assuming an area's reputation. We have written offers on affordable-tier homes zoned to strong campuses and premium-tier homes zoned to weak ones; the correlation is looser than the price gap implies. The price-per-square-foot row is the quiet one: at $211 to $246, the affordable tier buys space at roughly two-thirds of Summerlin's $319, which is why a 1,900-square-foot east-valley house and a 1,300-square-foot Summerlin condo can carry the same payment.

How Does Boulder City Fit the Affordability Picture?

It's the exception worth understanding, because it appears on "affordable Nevada" lists and shouldn't. Boulder City has a long-standing growth-control ordinance that strictly limits new residential development — which means inventory stays scarce by design and prices hold above the cheapest valley areas. In the 12 months ending September 18, 2026, Boulder City closed 227 homes at a $475,000 median and $283 per square foot, in 36 median days, with only 2% of closings built in 2025 or later and 6.7 months of supply as of September 18, 2026. That median is $30,000 above the valley line and $130,000 above Sunrise Manor's, and the $283 per square foot is closer to Henderson's premium ZIPs than to the east valley's $220s. According to FBI Uniform Crime Reporting data, it also consistently posts among the lowest crime rates in the state, which supports pricing further.

So Boulder City is genuinely a great place to live and genuinely not the cheap answer. It's roughly 30 minutes from the valley proper, has no gaming by ordinance, and trades a small-town character that buyers pay a premium for. The 36-day median on market and 6.7 months of supply are the one affordability angle: a buyer who wants Boulder City has more negotiating room than a buyer in North Las Vegas, where supply runs 3.4 to 5.4 months. Include it on your list if the lifestyle fits; exclude it if you're optimizing purely on price. For a buyer who wants small-town scale at an affordable price, the honest alternative is the older Henderson core — ZIP 89015 closed 638 homes at $405,000 in 30 days — which shares Boulder City's low-rise, established character at a price closer to the cheap tier.

What Income Do You Need for the Cheapest Las Vegas Homes?

At a $345,000 purchase, a conventional loan with 20% down means $69,000 at closing and a $276,000 loan; at $419,150, the North Las Vegas master-plan median in ZIP 89031, those figures are $83,830 and $335,320. According to Freddie Mac's Primary Mortgage Market Survey, the 30-year fixed averaged 7.40% for the week of October 15, 2026, which puts principal and interest at about $1,911 a month on the $345,000 purchase and about $2,322 on the $419,150 one. Add roughly $300 to $450 for property taxes and insurance, and the housing payment lands near $2,200 to $2,800. Using the common 28% front-end guideline, qualifying income at these price points generally runs in the $95,000 to $119,000 range depending on rate, down payment, debt load, and whether the property carries HOA dues or a district assessment.

That range sits squarely inside the valley's middle-class band, which is the encouraging part of the affordability picture: a median-income Las Vegas household can buy in the affordable tier, which is not true in most western metros. Lower down payments change the math further — FHA financing at 3.5% down means $12,075 down on the $345,000 purchase and a payment of about $2,498 at 7.40% including mortgage insurance, and according to HUD, the 2026 FHA one-unit limit in Clark County is $541,287, which covers every ZIP in this ranking with room to spare. According to the Nevada Housing Division, the Home Is Possible program provides up to 5% of the loan value toward down payment or closing costs and is not limited to first-time buyers, which on a $333,000 FHA loan is roughly $16,650 — more than the entire 3.5% down payment.

The rate you lock will move your monthly payment more than a $20,000 difference in purchase price will, so shop financing as hard as you shop neighborhoods. According to the Consumer Financial Protection Bureau, the right comparison is the Loan Estimate line by line — rate, points, credits, and cash to close together. Our first-time buyer team runs those scenarios side by side, and our first-time buyer neighborhood ranking covers the ten entry-band neighborhoods where those payments work best.

Are the Cheapest Areas Getting More Expensive?

Yes, and the direction matters if you're deciding whether to buy now or wait. According to the Federal Housing Finance Agency house-price index, the Las Vegas metro has compounded at one of the stronger long-run rates among major U.S. metros — and within that trend, the affordable tier has generally appreciated faster in percentage terms than the luxury tier, because a larger buyer pool competes for entry-priced inventory. The 2026 speed data says the same thing: the affordable ZIPs closed in 19 to 43 median days at 95.1% to 99.4% of original asking price, while Summerlin's premium ZIP 89135 closed at 95.3%.

That produces a dynamic worth naming plainly: the affordability window in these areas narrows over time, not widens. North Las Vegas homes that traded in the low $300,000s a few years ago now sit near $419,000 in the master-plan ZIPs. Sunrise Manor has moved similarly. Neither area is going to stay $70,000 to $115,000 under the median forever if the valley keeps adding residents at the pace the U.S. Census Bureau has recorded. Month by month across the whole valley, the median ran from $437,000 in October 2025 to $455,000 in May 2026 and $440,000 in August 2026 — flat, not falling.

The practical implication is not "buy immediately" — that's a sales line, not advice. It's that waiting for the affordable tier to get cheaper has not been a winning strategy in this valley, so the better question is whether your own finances are ready, not whether prices will retreat. If you need another year to build a down payment, take the year and rent in one of the cheap areas while you do it; the $300 to $500 a month you save against the HUD benchmark is exactly what funds the purchase.

What About New Construction in the Affordable Tier?

New construction is disproportionately concentrated in the affordable north and southwest, which gives entry-tier buyers an option that mid-market buyers in built-out areas simply don't have. Across the whole valley, 2,349 of the 27,376 closings in the 12 months ending September 18, 2026 — 9% — were built in 2025 or later, and the concentration is stark: 24% in North Las Vegas ZIP 89084, 21% in 89081, 14% in 89032, and 12% in Sunrise Manor's 89156, against 0% in most of the established west valley. Builders in North Las Vegas and the southwest continue delivering product at price points that compete directly with resale — often with incentives (rate buydowns, closing-cost credits) that resale sellers can't match. The new homes under $400,000 search shows which builders are delivering at the affordable tier this month.

Two cautions specific to buying new at this tier. Check for SID/LID assessments, which are common in newer master-planned areas and arrive as a separate bill, apart from both the property-tax bill and the HOA statement. And bring your own representation to the first visit — the on-site sales agent works for the builder, whether the builder pays your agent is set by its policy and your written buyer agreement (see how buyer-broker agreements work in Nevada), and most builders require your agent to be registered at initial contact. Our new-construction team handles builder negotiations across every affordable-tier community in the valley.

One more number to carry into a builder conversation: Tule Springs in North Las Vegas closed 177 homes at $547,240 with 67% new construction and only 1.8 months of supply as of September 18, 2026, the tightest inventory of any community in the valley. That median is above the affordable tier, which is the point — new construction in the north valley starts near the valley median, not under it, and the affordable new-build inventory is the attached and small-lot product inside those plans. Ask the builder for the quick move-in list filtered under $450,000, and read the MLS months-of-supply figure as homes under construction rather than homes sitting unwanted.

How Do You Buy Well in the Affordable Tier?

Five rules, learned from writing offers in these submarkets. Inspect aggressively — in older inventory, the inspection is the negotiation. Model the full carrying cost, including HOA and any SID/LID assessment billed separately from the property tax, not just principal and interest. Weigh the commute in dollars, because a cheaper house 40 minutes from your job may cost more annually than a pricier one nearby. Check the block, not just the area — in Sunrise Manor especially, medians are nearly meaningless at the street level. And get pre-approved before you shop, because the affordable tier is where inventory moves fastest: ZIP 89104 closed in 19 median days, 89106 and 89107 in 21, and 89110 in 22 in the 12 months ending September 18, 2026, and the whole $0-to-$400,000 band closed 9,920 homes with 51% of them closing within 30 days of listing.

A sixth rule from this refresh: know which ZIP median you are reading. Where condos and townhomes are 40% or more of closings — 89103, 89169, 89119, 89118, 89128 — the ZIP median is a condo price, and the detached home you want costs more. Where attached share is under 20% — 89030, 89106, 89122, 89156, 89101, 89104 — the median is what a house costs. Ask for the single-family-only comps before you anchor on any figure in this guide.

Nevada Real Estate Group writes offers across every area in this ranking, and we'll tell you plainly when a cheap listing isn't a good buy. Browse current inventory on our Las Vegas home search or the homes under $400,000 search, call (702) 637-1759, or tell us your budget and we'll shortlist the areas that actually fit it — with the last 90 days of closings in your exact ZIP and price band pulled before you tour.

Frequently Asked Questions

What is the cheapest place to live in Las Vegas?

For a single-family home, the east valley's Sunrise Manor ZIPs: 89122, 89115, and 89156 each closed at $345,000 to $346,000 medians in the 12 months ending September 18, 2026, and North Las Vegas ZIP 89030 closed at $330,000 — all roughly $100,000 under the $445,000 valley median. The lowest ZIP median outright is 89103 at $321,000, but 41% of its closings were condos and townhomes. Apartment rents in the affordable areas commonly start between $900 and $1,200 a month, against HUD's $1,435 one-bedroom benchmark.

Is North Las Vegas cheaper than Las Vegas?

Yes. North Las Vegas ZIPs closed at medians from $330,000 in the older 89030 core to $400,000 to $450,000 in the master-plan ZIPs in the 12 months ending September 18, 2026, against a $445,000 valley-wide median. It also offers newer construction than most similarly priced areas — 24% of ZIP 89084's closings were built in 2025 or later — because developable land kept builders delivering inventory there as the west and southeast valley built out, and its ZIPs close in 19 to 34 median days at 98.2% to 99.4% of original list.

How much is rent in the cheapest parts of Las Vegas?

Apartment rents in Sunrise Manor and North Las Vegas commonly run $900 to $1,300 depending on unit size and property age in the lease listings our team has represented — roughly $300 to $400 a month below HUD's FY2027 Fair Market Rent benchmark for the metro ($1,435 for a one-bedroom, $1,686 for a two-bedroom), and $500 to $900 below Summerlin or Henderson. A single-family rental in these areas typically runs $1,700 to $2,100, against HUD's $2,317 three-bedroom benchmark.

Is Sunrise Manor a safe place to live?

Sunrise Manor is highly variable block to block, which is the honest answer for any large unincorporated area with mid-century housing stock. Some streets are well-kept and stable; others are not. Because the area's median tells you very little about a specific street, tour the exact block at different times of day and work with an agent who knows the area's street-level patterns. The market itself treats the area as sound: its ZIPs closed in 21 to 30 median days at 98.2% to 98.6% of original list.

What income do you need to buy a home in the cheapest Las Vegas areas?

Roughly $95,000 to $119,000 for a conventional purchase with 20% down at the $345,000 to $419,150 price points at the 7.40% rate of October 15, 2026, using a 28% front-end guideline and depending on down payment, debt load, and whether the home carries HOA dues or a district assessment. FHA financing at 3.5% down and Nevada's Home Is Possible assistance — up to 5% of the loan value — can lower the entry bar meaningfully; worth exploring before assuming you don't qualify.

Are cheaper Las Vegas neighborhoods a good investment?

Some are, some aren't — price alone doesn't determine it. Newer North Las Vegas master plans tend to hold up best at resale because floor plans are comparable, appraisals are straightforward, and the ZIPs closed at up to 99.4% of original list in 2026. Older scattered inventory can be an excellent buy if you underwrite condition correctly, but deferred maintenance and block-level variability create more resale risk. Always check for SID/LID assessments, which are billed separately from the property tax.

What is the cheapest city in the Las Vegas metro area?

Within the metro, North Las Vegas is the most affordable incorporated city by median home price: its ZIPs ran from $330,000 to $450,000 in the 12 months ending September 18, 2026, against Henderson's $405,000 to $635,000 and the City of Las Vegas's wide spread. Unincorporated Sunrise Manor is cheaper still at $345,000 to $375,000 but is a census-designated community rather than a city. Boulder City, while charming, is not among the cheapest — it closed 227 homes at a $475,000 median.

Which Sources Inform This Las Vegas Affordability Ranking?

ZIP-level medians, price per square foot, days on market, condo share, new-build share, and months of supply are from Las Vegas MLS data pulled through Repliers on September 19, 2026 — 27,376 home closings September 19, 2025 through September 18, 2026 and active listings as of September 18, 2026 — which are MLS figures, not official Las Vegas REALTORS statistics, cross-referenced against Clark County Assessor recorded sales and NREG's own transaction experience across 9,600+ statewide closings. Rent benchmarks are from HUD's FY2027 Fair Market Rents for the Las Vegas-Henderson-North Las Vegas metro; the affordable-area and premium rent ranges are from NREG lease listings as quoted in the July 2026 edition of this guide. Population, household-income, and growth-pattern data are from the U.S. Census Bureau; financing and rate context from Freddie Mac's PMMS (7.40% for the week of October 15, 2026), HUD's 2026 FHA loan limits, the Nevada Housing Division's Home Is Possible program, and the Consumer Financial Protection Bureau; appreciation context from the Federal Housing Finance Agency; property-tax framework from the Nevada Department of Taxation and Nevada Revised Statutes 361.4723, which caps annual primary-residence increases at 3 percent; school context from GreatSchools; and safety context from FBI Uniform Crime Reporting. Price and rent figures move with the market — verify current numbers for any specific address or unit. Affordability questions: (702) 637-1759.