Spring Valley, NV
August 2026
89103,89113,89147
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,407 – $1,449 | 1.34% | -0.16% |
| 2-Bedroom | $1,569 – $1,649 | -0.04% | -0.20% |
| 3-Bedroom | $2,006 – $2,109 | -0.78% | -1.60% |
| 4-Bedroom | $3,137 – $3,324 | 0.88% | 1.80% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,261 – $1,299 | -5.30% | 0.34% |
| 2-Bedroom | $1,429 – $1,472 | -1.12% | 0.90% |
| 3-Bedroom | $1,794 – $1,886 | -2.08% | 0.64% |
| 4-Bedroom | $2,985 – $3,215 | -3.59% | -3.15% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,527 – $1,638 | -10.11% | -7.70% |
| 2-Bedroom | $1,646 – $1,783 | -15.35% | -14.52% |
| 3-Bedroom | $2,018 – $2,121 | -3.46% | 1.09% |
| 4-Bedroom | $2,383 – $2,505 | -0.16% | 1.57% |
In the Spring Valley (89103, 89113, 89147) rental market, 1-bedroom condos and townhomes posted a median rent of $1,280 in August 2026, dropping 5.3% month-over-month. This segment trails 1-bedroom apartments at $1,428 by $148, marking a sharper decline for condos in Spring Valley (89103, 89113, 89147).
Within larger unit offerings, 4-bedroom apartments in Spring Valley (89103, 89113, 89147) achieved a median rent of $3,227, reflecting a 1.8% year-over-year increase. Meanwhile, 4-bedroom condo/townhome rents declined 3.2% YoY to $3,100, with apartments leading the condo segment by $127 based on current pricing.
In recent data, 2-bedroom single-family homes averaged $1,715, showing a 14.5% year-over-year decrease. Spring Valley (89103, 89113, 89147) rental trends illustrate that these homes command only a $106 premium over 2-bedroom apartments at $1,609, narrowing the pricing gap between detached and multi-family inventory.