Real Estate Investing in Las Vegas, Nevada (89101)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 89101 (Las Vegas, NV)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.6% of homes vacant — above national norms.
- Elevated poverty: 26.4% poverty rate — can affect rent collection.
- Lower household income: $35,029 median — tenant affordability is tighter.
What’s happening in Las Vegas, NV (89101)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 89101 Las Vegas
ZIP 89101 in Las Vegas, NV carries a impressive set of headwinds. Home values near $316K and rents of $1,102/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 89101 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 89101 sits on the difficult end of the NV spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Demographically, 89101 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Distressed ZIPs reward experience. resilient returns are possible in 89101, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Las Vegas:
Property Strategy for 89101
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $321,545 | $1,330 | 3.0% | +3.5% | $321,545 |
| 2BR | $278,284 | $1,580 | 4.1% | +7.3% | $139,142 |
| 3BR | $306,676 | $2,210 | 5.2% | +8.1% | $102,225 |
| 4BR | $336,698 | $2,560 | 5.5% | +8.0% | $84,175 |
| 5BR | $371,465 | — | — | +7.7% | $74,293 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 89101 Compare?
| Metric | 89101 | Las Vegas | Las Vegas-Henderson-Paradise, NV | Nevada |
|---|---|---|---|---|
| Home Value | $315,848 | $448,661 | N/A | $444,019 |
| 5-Year CAGR | 4.9% | 4.3% | N/A | 6.8% |
| Avg Rent | $1,102 | $1,858 | N/A | - |
| Cap Rate | 2.7% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 89101 (Las Vegas, NV). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 89101 (Las Vegas, NV)?
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Property managers serving Clark County
Manage rentals here? List your business →Elite HOA Management, Inc. helps communities meet their goals and improve their bottom line with responsive 24-hour access and experienced staff in Las Vegas, NV. summary from their website
Golden Assets & Property Management LLC offers residential and commercial rental property management in the Las Vegas Valley, including single-family homes, fourplexes, and condominiums. summary from their website
Las Vegas Valley Community Management provides community management services. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $315,848 |
| Monthly Rent | $1,102 |
| Price-to-Rent | 23.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | -0.4% ▼ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +10.1% ▲ |
🏠 Rent Trends
| 1-Year | -10.4% ▼ |
| 3-Year CAGR | -1.4% ▼ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 89101
Population: 44,199
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 89101
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,824 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Las Vegas, NV a good market for buy-and-hold investors?
With a 3.0/5 investability score, Las Vegas, NV ranks as a solid market for rental property investors. Median prices of $316K and rents of $1,102/mo drive the underlying numbers.
Is housing expensive in Las Vegas, NV?
In Las Vegas, NV the median home value sits at $316K. Against the broader NV market, that reads as reasonable for most investors.
What real estate strategy is ideal for Las Vegas, NV?
A careful cash-flow rentals with hands-on management strategy Las Vegas, NV best. The market produces predictable results for that approach at the $316K price point.
How landlord-friendly is Las Vegas, NV?
Las Vegas, NV falls under NV landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Where do rents currently stand in Las Vegas, NV?
Las Vegas, NV rentals go for roughly $1,102/mo a month. That puts gross yield in solid territory relative to $316K acquisition costs.
You know 89101 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 89101 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 89101 ranks in Las Vegas-Henderson-Paradise, NV
Every ZIP in this metro, ranked. Free.
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