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Las Vegas city, NV

ZIP 89108 — Housing & Real Estate

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

Working ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 89108

Median Home Value
$304,400
Median Rent
$1,219
Affordability Snapshot
$84,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,955/mo PITI).

25%
Rent-to-Income Ratio

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

5.3x
Home Price-to-Income Ratio

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

20.8 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 89108 in Las Vegas city, NV, a household would need roughly $84,000 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 $1,955. That is about 46% above the local median household income ($57,403), 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
46.9%-28% vs US avg
x
Vacancy Rate
6.2%-40% vs US avg
x
Broadband Access
87.6%+1% vs US avg
x
4+ Bedrooms
2.1%-86% vs US avg
x
Built Pre-1939
0.5%-96% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
32.3%-35% vs US avg
x
Mortgage-Free
32.8%-14% vs US avg
x
$304,400
Home Value
$1,219
Rent
1986
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 detached54.8%
  • 1-unit attached4.4%
  • 2-9 units23.2%
  • 10+ units16.6%
  • Mobile home & other1.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$304,400
Median rent$1,219
Owner-occupied46.9%
Vacant6.2%
Price-to-income5.3x
Est. income to buy$84,000