Henderson, Nevada Rental Market Trends

Disclaimer:

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

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Henderson $1,717 $1,739 $1,782 $1,737 $1,682 $1,695 $1,676 $1,684 $1,740 $1,699
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Henderson
National
Nov 2021
$1,717
$1,596
Mar 2022
$1,739
$1,635
Jul 2022
$1,782
$1,708
Nov 2022
$1,737
$1,726
Mar 2023
$1,682
$1,714
Jul 2023
$1,695
$1,739
Nov 2023
$1,676
$1,733
Mar 2024
$1,684
$1,727
Jul 2024
$1,740
$1,752
Nov 2024
$1,699
$1,748

Henderson, Nevada Average Apartment Rent

Henderson, Nevada Apartment rent ranges

Under $500
$501 - $700
$701 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

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**

Renter occupied housing units 43,416
Owner occupied housing units 81,210

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**

No bedrooms 1,449
1 bed 7,457
2 beds 17,691
3 beds 12,699
4 beds 3,229
5 or more beds 891

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**

15 - 24 years 1,888
25 - 34 years 9,879
35 - 44 years 8,652
45 - 54 years 7,417
55 - 59 years 3,322
60 - 64 years 3,338
65 - 74 years 5,672
75 - 84 years 2,512
85 years and over 736

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**

Family households 23,525
Non-Family Households 19,891

Henderson, Nevada Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 13,013
No related children of the householder under 18 30,403

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**

Less than high school graduate 2,460
High school graduate (including equivalency) 8,853
Some college or associate's degree 17,209
Bachelor's degree or higher 14,894

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**

Built 2020 or later 269
Built 2010 - 2019 7,595
Built 2000 - 2009 11,420
Built 1990 - 1999 14,831
Built 1980 - 1989 5,361
Built 1970 - 1979 2,110
Built 1960 - 1969 611
Built 1950 - 1959 714
Built 1940 - 1949 322

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**

Moved in 2021 or later 4,146
Moved in 2018 to 2020 18,489
Moved in 2010 to 2017 18,281
Moved in 2000 to 2009 2,079
Moved in 1990 to 1999 385

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**

No vehicle available 3,537
1 vehicle available 21,211
2 vehicles available 14,143
3 vehicles available 3,439
4 vehicles available 708
5 or more vehicles available 378

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**

Car, truck, or van - drove alone 36,542
Car, truck, or van - carpooled 4,470
Public transportation (excluding taxicab) 628
Walked 591
Taxicab, motorcycle, bicycle, or other means 1,273
Worked at home 6,764

Henderson, Nevada Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 79,990
Moved within same county 13,865
Moved from different state 8,805

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

Check out rentals available in Henderson, Nevada