Real Estate Investing in Las Vegas, Nevada (89139)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 89139 (Las Vegas, NV)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Las Vegas, NV (89139)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 89139 Las Vegas
The 89139 ZIP in Las Vegas, NV is a local-operator market. Outside capital chasing a $462K entry has to pair deep knowledge with the discount.
For an experienced owner, 89139 can be a a solid fit for hunting ground — but the discount at $462K reflects genuine risk that outside investors often underestimate.
Within NV, ZIP 89139 trails on several market indicators that neighboring Clark County submarkets outperform. The gap is real and substantial enough to shape underwriting.
Resident income in 89139 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 89139 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Las Vegas:
Property Strategy for 89139
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $344,767 | $1,880 | 3.9% | +6.6% | $172,384 |
| 3BR | $411,369 | $2,610 | 4.6% | +6.7% | $137,123 |
| 4BR | $512,312 | $3,000 | 4.2% | +6.6% | $128,078 |
| 5BR | $683,222 | — | — | +7.3% | $136,644 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 89139 Compare?
| Metric | 89139 | Las Vegas | Las Vegas-Henderson-Paradise, NV | Nevada |
|---|---|---|---|---|
| Home Value | $462,182 | $448,661 | N/A | $444,019 |
| 5-Year CAGR | 3.5% | 4.3% | N/A | 6.8% |
| Avg Rent | $1,952 | $1,858 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 89139 (Las Vegas, NV). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 89139 (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 | $462,182 |
| Monthly Rent | $1,952 |
| Price-to-Rent | 19.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | -2.7% ▼ |
| 3-Year CAGR | +1.2% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | +1.0% ▲ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +1.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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 89139
Population: 44,501
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 89139
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
Frequently Asked Questions
What is the average monthly rent in Las Vegas, NV?
Rent in Las Vegas, NV is around $1,952/mo. The resulting rent-to-value relationship with $462K pricing is reasonable for most investor models.
How do landlord-tenant laws work in Las Vegas, NV?
NV law landlord-friendly for landlords, and Las Vegas inherits those rules. Investors should still review local ordinances for rental licensing.
Is Las Vegas, NV a good place for real estate investing?
Las Vegas, NV comes in at an investability rating of 3.0/5, with median home values near $462K and average rents around $1,952/mo. That combination puts it in the durable tier for investor interest.
How quickly do rentals get leased in Las Vegas, NV?
Vacancy risk in Las Vegas, NV is elevated. That supports stable cash flow for typical rental holds.
What real estate strategy is ideal for Las Vegas, NV?
Las Vegas, NV investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($462K prices, $1,952/mo rents) make it a reasonable choice.
You know 89139 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 89139 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 89139 ranks in Las Vegas-Henderson-Paradise, NV
Every ZIP in this metro, ranked. Free.
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Community Ratings
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