Rent vs Buy Calculator — Las Vegas, NV
Prefilled with Las Vegas estimates: a ~$430,000 home (about $86,000 for 20% down) versus ~$1,600/mo rent. Nevada's effective property tax of 0.59% — well below the U.S. average (~1.1%) — adds roughly $2,537/yr, and typical homeowners insurance runs about $1,600/yr. Adjust every field to your actual home below.
Is it better to rent or buy in Las Vegas?
There's no universal answer — it hinges on how long you'll stay, what you'd earn investing the down payment instead, and Nevada's tax and insurance costs. Property tax is the biggest local lever: at 0.59% on a $430,000 home that's about $2,537 every year, before insurance and maintenance. Use the break-even readout above to see the year buying pulls ahead, and the appreciation rate that flips the decision.
What makes Las Vegas, NV different
- Median home price estimate: $430,000
- Typical monthly rent estimate: $1,600
- Nevada effective property tax: 0.59% (~$2,537/yr here)
- Nevada avg. homeowners insurance: $1,600/yr
Starting estimates as of 2026-01 — see the methodology & sources.