Summerlin South, 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 Summerlin South, Nevada rental market.
Summerlin South, Nevada
Average Apartment Rent
$2,370
Y-o-Y Change in Average
Apartment Rent
2.2%
As of March 2026
Compared to a year ago, Summerlin South, Nevada apartments have recorded a 2.2% rent increase.
Summerlin South, Nevada Average apartment rent trend
Summerlin South, Nevada Average Apartment Rent
Summerlin South, Nevada Apartment rent ranges
At 46.54%, apartments priced $2,000 - $2,500 represent the bulk of Summerlin South, Nevada rentals, while condos priced Over $3,000 hold the lowest share of the market – 10.43%.
Summerlin South, Nevada Housing tenure**
Renters take up 28% of Summerlin South, Nevada real estate, occupying a total of 3,561 units, while homeowners live in 9,277 properties.
Median number of rooms of renter-occupied housing units**
5.2
Renter median household income**
$92,125
Average household size of renter-occupied housing units**
2.31
Rental vacancy rate**
5%
Summerlin South, Nevada Renter-occupied housing units by no. of bedrooms**
There are 1,285 rentals in Summerlin South, Nevada with 3 beds making up the highest share of the market, at 36%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 82 units. Overall, the median number of rooms in Summerlin South, Nevada homes for rent is 5.2.
Summerlin South, Nevada Renter-occupied units by age of householder**
Most condos for rent in Summerlin South, Nevada are occupied by residents in the 35 - 44 years age group (18%), followed by those in the 45 - 54 years age group (17%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.
Summerlin South, Nevada Renter-occupied housing units by family type**
Summerlin South, Nevada Renter-occupied housing units by the presence of own children**
A total of 2,009 apartments for rent in Summerlin South, Nevada, or 56% of all rentals are family households. Additionally, 30% of rental homes include children under the age of 18 – that’s 1,061 units. All in all, the median size of a renter-occupied household in Summerlin South, Nevada is 2.31.
Summerlin South, Nevada Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 46% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Summerlin South, Nevada.
Summerlin South, Nevada Renter-occupied units by year structure built**
The highest share of Summerlin South, Nevada apartment rentals, namely 55% or 1,959 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (26%, 933 units), and the ones Built 2010 - 2019 (16%, 584 units).
Summerlin South, Nevada Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Summerlin South, Nevada renters (42%) moved in 2010 to 2017, while only 5% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Summerlin South, Nevada condos for rent is 2018.
Summerlin South, Nevada Renter-occupied housing units by vehicles available**
When it comes to transportation options, 41% of Summerlin South, Nevada renters have 2 vehicles available per household, 39% of them have 1 vehicle available, and 9% have No vehicle available.
Summerlin South, Nevada Means of transportation to work of householders living in renter-occupied housing units**
Summerlin South, Nevada Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Summerlin South, 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
