Henderson, Nevada Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Henderson, Nevada rental market.
Highlights
An apartment for rent in Henderson, Nevada typically goes for $1,699 per month, while a single-family home for rent in Henderson, Nevada has a monthly cost of around $2,278. Renter-occupied units make up 35% of the local housing market, while the rental vacancy rate in Henderson, Nevada is at 4.5.
Henderson, Nevada
Average Apartment Rent
$1,699
Y-o-Y Change in Average
Apartment Rent
0.6%
Average Single-Family Rent
$2,278
As of November 2024
Compared to a year ago, Henderson, Nevada apartments have recorded a 0.6% rent increase.
Henderson, Nevada Average apartment rent trend
Henderson, Nevada Average Apartment Rent
Henderson, Nevada Apartment rent ranges
At 56.21%, apartments priced $1,500 - $2,000 represent the bulk of Henderson, Nevada rentals, while condos priced Over $2,000 hold the lowest share of the market – 14.23%.
Henderson, Nevada Housing tenure**
Renters take up 35% of Henderson, Nevada real estate, occupying a total of 43,416 units, while homeowners live in 81,210 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$62,956
Average household size of renter-occupied housing units**
2.41
Rental vacancy rate**
4.5%
Henderson, Nevada Renter-occupied housing units by no. of bedrooms**
There are 17,691 rentals in Henderson, Nevada with 2 beds making up the highest share of the market, at 41%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 891 units. Overall, the median number of rooms in Henderson, Nevada homes for rent is 4.3.
Henderson, Nevada Renter-occupied units by age of householder**
Most condos for rent in Henderson, Nevada are occupied by residents in the 25 - 34 years age group (23%), followed by those in the 35 - 44 years age group (20%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Henderson, Nevada Renter-occupied housing units by family type**
Henderson, Nevada Renter-occupied housing units by the presence of own children**
A total of 23,525 apartments for rent in Henderson, Nevada, or 54% of all rentals are family households. Additionally, 30% of rental homes include children under the age of 18 – that’s 13,013 units. All in all, the median size of a renter-occupied household in Henderson, Nevada is 2.41.
Henderson, Nevada Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 34% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Henderson, Nevada.
Henderson, Nevada Renter-occupied units by year structure built**
The highest share of Henderson, Nevada apartment rentals, namely 34% or 14,831 units, were Built 1990 - 1999, followed by those Built 2000 - 2009 (26%, 11,420 units), and the ones Built 2010 - 2019 (17%, 7,595 units).
Henderson, Nevada Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Henderson, Nevada renters (43%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Henderson, Nevada condos for rent is 2018.
Henderson, Nevada Renter-occupied housing units by vehicles available**
When it comes to transportation options, 49% of Henderson, Nevada renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 8% have No vehicle available.
Henderson, Nevada Means of transportation to work of householders living in renter-occupied housing units**
Henderson, Nevada Geographical mobility in the past year for householders living in renter-occupied housing units**
Henderson, Nevada Average apartment rent by zip codes
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Henderson, Nevada apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates