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Rent vs buy in 89015

Rent or buy in 89015 (Henderson, NV)?

The ZIP's median asking price against what it rents for, and the year buying pulls ahead. Prices are Kouzr's, from today's listings; rents are the Census Bureau's and HUD's.

At these two numbers, owning comes out about $37,141 ahead over ten years, after selling costs and what the money not spent would have earned. Open the calculator with these filled in to change the down payment, the rate or how long you would stay.

89102 · Las Vegas · 130 for sale89103 · Spring Valley · 345 for sale89104 · Las Vegas · 110 for sale89109 · Paradise · 304 for sale89113 · Spring Valley · 313 for sale89117 · Las Vegas · 329 for sale89118 · Spring Valley · 146 for sale89119 · Paradise · 192 for sale89120 · Paradise · 147 for sale89121 · Paradise · 300 for sale89122 · Whitney · 273 for sale89123 · Paradise · 270 for sale89124 · Mount Charleston · 35 for sale89135 · Summerlin South · 324 for sale89139 · Enterprise · 212 for sale89141 · Enterprise · 270 for sale89142 · Sunrise Manor · 105 for sale89146 · Las Vegas · 84 for sale89147 · Spring Valley · 241 for sale89148 · Spring Valley · 301 for sale89156 · Sunrise Manor · 129 for sale89161 · Blue Diamond · 3 for sale89169 · Paradise · 163 for sale89178 · Enterprise · 214 for sale89179 · Enterprise · 56 for sale89183 · Enterprise · 200 for sale89052 · 382 for sale89012 · 271 for sale89074 · 270 for sale89011 · 257 for sale89014 · 165 for sale89044 · 156 for sale89015 · 132 for sale89002 · 114 for sale89502 · 1 for sale
89015 in Henderson, next to 89052, 89122, 89012, 89011, 89014, 89156, 89002 and 89124. Outlined ZIPs belong to a neighbouring place.

What 89015 rents for, by size

Home sizeFair market rent
Studio$1,190
1 bedroom$1,330
2 bedrooms$1,580
3 bedrooms$2,210
4 bedrooms$2,560

Fair market rent: HUD FY2026 Small Area Fair Market Rent, the 40th percentile of recent-mover rents HUD uses to set voucher payment standards. Both are public-domain figures and both trail today's asking rents.

How to read it

Two rent figures because they answer different questions: the Census median is what tenants in 89015 actually pay, leases old and new; HUD's fair market rent is set from recent movers and is the figure a voucher pays up to. A new lease today usually lands between the two and a little above. The verdict uses the Census 3-bedroom figure where it exists. The price side is live on the 89015 market report; the homes are on the ZIP's listings page; the whole of Henderson is on its own page.

Questions people ask

Is it cheaper to rent or buy in 89015?

At today's median asking price of $414,950 and a median rent of $2,210 a month, buying pulls ahead of renting in year 7 at the calculator's default assumptions: 20% down, 6.5% rate, 3% price and rent growth, 5% on money not spent. The price-to-rent ratio is 15.6. Change any assumption in the calculator and the year moves.

What is the average rent in 89015?

The figures on this page are the Census Bureau's five-year median gross rent by bedroom count and, for ZIP codes, HUD's Small Area Fair Market Rent. They are public-domain, annual, and trail today's asking rents by a year or more, so they read a little under what a new lease costs. They are the right figures to cite; the wrong ones to sign a lease on.

Why compare against the 3-bedroom rent?

Because the typical home for sale in the Las Vegas valley is a three-bedroom single-family house, and the median asking price is over homes of that kind. Comparing it to a studio's rent would flatter buying; to a five-bedroom's, renting.

Where do the asking prices come from?

From Kouzr's own daily snapshot of every active listing in the area, the same figure the market report carries. Rents and prices are never mixed: the rent is a government figure, the price is Kouzr's, and neither feeds the other.

A model with editable assumptions on public figures, not financial advice. Rents are Census ACS five-year medians and HUD fair market rents, both public domain, both trailing today's asking rents. Prices are medians over the homes for sale today.