Real Estate Investing in Las Vegas, Nevada (89110)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 89110 (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.
- Elevated vacancy: 10.9% vacancy may signal weakening demand.
What’s happening in Las Vegas, NV (89110)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 89110 Las Vegas
ZIP 89110 inside Clark County looks affordable on the surface — median value of $363K — but the discount exists for reasons that a careful buyer should understand before committing.
Meanwhile, the numbers look inviting — $363K purchase price, 0.0% nominal cap — the work to hit that pro forma in 89110 is substantial and deserves full respect.
Regionally, 89110 sits on the difficult end of the NV spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 89110 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 89110 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Las Vegas:
Property Strategy for 89110
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $152,503 | $1,330 | 6.3% | +8.7% | $152,503 |
| 2BR | $225,469 | $1,580 | 5.0% | +8.4% | $112,735 |
| 3BR | $347,427 | $2,210 | 4.6% | +7.7% | $115,809 |
| 4BR | $409,304 | $2,560 | 4.5% | +7.9% | $102,326 |
| 5BR | $567,390 | — | — | +7.8% | $113,478 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 89110 Compare?
| Metric | 89110 | Las Vegas | Las Vegas-Henderson-Paradise, NV | Nevada |
|---|---|---|---|---|
| Home Value | $363,131 | $448,661 | N/A | $444,019 |
| 5-Year CAGR | 5.0% | 4.3% | N/A | 6.8% |
| Avg Rent | $1,377 | $1,858 | N/A | - |
| Cap Rate | 3.0% | 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 89110 (Las Vegas, NV). Anonymous, moderated, never written by AI.
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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 | $363,131 |
| Monthly Rent | $1,377 |
| Price-to-Rent | 22.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | +3.2% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +9.0% ▲ |
🏠 Rent Trends
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | +4.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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 89110
Population: 67,259
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 89110
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
Where do rents currently stand in Las Vegas, NV?
Expect rents around $1,377/mo per month in Las Vegas, NV. With home values at $363K, the yield math works out to reasonable levels for rental investors.
Is Las Vegas, NV a good market for FHA house hackers?
House hacking in Las Vegas, NV is a challenging. With home values around $363K and rents at $1,377/mo, owner-occupants can offset a meaningful share of PITI.
What price range are homes in Las Vegas, NV?
Homes in Las Vegas, NV typically sell near $363K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
Is NV a landlord-friendly state?
NV ranks as a landlord-friendly state for landlord-tenant law. Las Vegas generally follows the statewide framework, so landlords face reasonable operating rules.
How deep is the rental pool in Las Vegas, NV?
Working renters make up the core of the Las Vegas, NV tenant base. The pool is reasonable for investors targeting long-term holds.
You know 89110 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 89110 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 89110 ranks in Las Vegas-Henderson-Paradise, NV
Every ZIP in this metro, ranked. Free.
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