Affordable & Income-Based Housing in Las Vegas

Affordability in Las Vegas, NM

According to Census ACS 5-Year data (2024), the median gross rent in Las Vegas is $792 per month and the median household income is $45,125 per year. Renters make up 43% of occupied households, reflecting a substantial share of residents who may benefit from affordable housing options in the area.

Safety

According to FBI Crime Data Explorer, the Las Vegas Police Department reported a violent crime rate of 679 per 100,000 residents in 2024. Note that crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

Of the 2 HUD-assisted properties in Las Vegas, none are located in a FEMA-mapped high-risk flood zone.

Getting Around Las Vegas, NM

According to Walk Score, the area around assisted properties in Las Vegas scores 55 out of 100, described as Somewhat Walkable. The Bike Score for the same area is 52 out of 100. No Transit Score is available for this area.

Schools

According to NCES Common Core of Data, 13 schools across 2 districts serve Las Vegas, NM, including 6 elementary, 4 middle, and 3 high schools. Ratings and programs vary by school and district, so renters should check the assigned schools for a specific address.

Cost of Renting in Las Vegas, NM

The median household income in Las Vegas is $45,125 per year, according to Census ACS 5-Year data. Income-based housing programs tie rents to local income levels, which can make assisted units here meaningfully more affordable than market-rate options.

The citywide median rent is $792 per month for all rental units, according to Census ACS 5-Year data. Rents at HUD-assisted and income-restricted properties in Las Vegas may be lower depending on your household income and the specific program.

• Median household income: $45,125/year (Census ACS 5-Year)
• Citywide median rent: $792/month (Census ACS 5-Year)
• Renter households: 43% of occupied units (Census ACS 5-Year)
• Affordable units tracked on Lease Lantern: 85 across 2 properties

Environment

Both HUD-assisted properties in Las Vegas, NM are mapped to a FEMA flood zone, but neither is classified as high risk. Flood exposure for affordable housing here is low based on available flood data.