Affordable & Income-Based Housing in Las Vegas

Affordability in Las Vegas, NV

According to Census ACS 5-Year data (2024), the median monthly rent in Las Vegas is $1,563 and the median household income is $73,877 annually. With 43% of residents renting their homes, affordable housing options play an important role in the local market.

Lease Lantern tracks 30 HUD-assisted or income-restricted properties with 2,003 total units in Las Vegas, giving renters a range of subsidized options to explore.

Safety

Violent crime rate data for Las Vegas was not available in our current data sources. For the most up-to-date local crime information, the Las Vegas Metropolitan Police Department publishes regular crime statistics on its official website.

When reviewing any crime data, keep in mind that figures vary based on reporting methods and population differences, and should not be used to make direct comparisons between cities.

Getting Around Las Vegas

According to Walk Score, the areas around assisted properties in Las Vegas average a Walk Score of 59 (Somewhat Walkable), a Transit Score of 45 (Some Transit), and a Bike Score of 44. These scores reflect conditions near the income-based and HUD-assisted properties listed on this page, not the city as a whole.

Schools

Las Vegas is served by 318 schools across 2 districts -- including 200 elementary, 42 middle, 71 high schools, and 5 other schools -- according to NCES Common Core of Data. Quality and programs vary by school and district, so renters should check the assigned schools for a specific address before applying.

Cost of Living in Las Vegas, NV

The median household income in Las Vegas is $73,877 per year, according to Census ACS 5-Year data. The median asking rent citywide is $1,563 per month, also per Census ACS 5-Year estimates.

For renters who qualify, the 2,003 income-restricted units across Las Vegas's HUD-assisted and LIHTC properties can offer significant savings compared to market-rate rents.

• Median household income: $73,877/year (Census ACS 5-Year)
• Median market rent: $1,563/month (Census ACS 5-Year)
• Renter households: 43% of occupied housing units (Census ACS 5-Year)

Flood and Environmental Exposure

All 30 affordable housing properties in Las Vegas were mapped against FEMA flood zone data, and none fall within a high-risk flood zone. Flood exposure is not a significant concern for this portfolio.