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Las Vegas city, NV

ZIP 89106 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 89106

Median Home Value
$263,100
Median Rent
$1,007
Affordability Snapshot
$72,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,690/mo PITI).

31%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

6.8x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

21.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 89106 in Las Vegas city, NV, a household would need roughly $72,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,690. That is about 85% above the local median household income ($38,848), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
32.5%-50% vs US avg
x
Vacancy Rate
10.3%-0% vs US avg
x
Broadband Access
82.1%-6% vs US avg
x
4+ Bedrooms
0.7%-95% vs US avg
x
Built Pre-1939
1.8%-86% vs US avg
x
Built Post-2014
2.3%-67% vs US avg
x
Rent Burden >30%
35.9%-28% vs US avg
x
Mortgage-Free
38.1%-0% vs US avg
x
$263,100
Home Value
$1,007
Rent
1986
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached48.9%
  • 1-unit attached4.3%
  • 2-9 units21.4%
  • 10+ units23.5%
  • Mobile home & other1.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$263,100
Median rent$1,007
Owner-occupied32.5%
Vacant10.3%
Price-to-income6.8x
Est. income to buy$72,000