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Las Vegas city, NV

ZIP 89117 — Housing & Real Estate

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

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 89117

Median Home Value
$481,900
Median Rent
$1,477
Affordability Snapshot
$133,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,096/mo PITI).

25%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.7x
Home Price-to-Income Ratio

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

27.2 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 89117 in Las Vegas city, NV, a household would need roughly $133,000 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 $3,096. That is about 86% above the local median household income ($71,497), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
46.2%-29% vs US avg
x
Vacancy Rate
9.8%-5% vs US avg
x
Broadband Access
91.0%+5% vs US avg
x
4+ Bedrooms
8.1%-45% vs US avg
x
Built Pre-1939
0.1%-99% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
30.1%-39% vs US avg
x
Mortgage-Free
39.6%+4% vs US avg
x
$481,900
Home Value
$1,477
Rent
1993
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

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

  • 1-unit detached53.1%
  • 1-unit attached2.9%
  • 2-9 units26.8%
  • 10+ units16.4%
  • Mobile home & other0.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$481,900
Median rent$1,477
Owner-occupied46.2%
Vacant9.8%
Price-to-income6.7x
Est. income to buy$133,000