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Las Vegas city, NV

ZIP 89138 — Housing & Real Estate

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

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 89138

Median Home Value
$708,500
Median Rent
$2,157
Affordability Snapshot
$195,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,551/mo PITI).

17%
Rent-to-Income Ratio

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

4.5x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

27.4 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 89138 in Las Vegas city, NV, a household would need roughly $195,000 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 $4,551. That is about 24% above the local median household income ($156,645), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
81.5%+25% vs US avg
x
Vacancy Rate
5.3%-49% vs US avg
x
Broadband Access
95.2%+9% vs US avg
x
4+ Bedrooms
11.0%-26% vs US avg
x
Built Pre-1939
0.6%-96% vs US avg
x
Built Post-2014
10.9%+58% vs US avg
x
Rent Burden >30%
12.7%-74% vs US avg
x
Mortgage-Free
23.5%-39% vs US avg
x
$708,500
Home Value
$2,157
Rent
2010
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached91.2%
  • 1-unit attached5.1%
  • 2-9 units1.7%
  • 10+ units1.8%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$708,500
Median rent$2,157
Owner-occupied81.5%
Vacant5.3%
Price-to-income4.5x
Est. income to buy$195,000