Spring Valley, Las Vegas, NV—89113

As of July '25, Rentcast reports the average rent in Spring Valley, Las Vegas, NV is $2,220, with a year-over-year rent change of 2.8%. Per bedroom, the median rent as of July '25 in Spring Valley, Las Vegas, NV is studios: $1,680, 1-bedrooms: $1,380, 2-bedrooms: $1,810, 3-bedrooms: $2,260, 4-bedrooms: $2,780. The most common rental property sizes in Spring Valley, Las Vegas, NV are 2-bedroom and 3-bedroom, accounting for 34.3% and 26.8% of the rental stock.

As of the latest ACS Survey released in 2023, Spring Valley, Las Vegas, NV has a population of 37,300, which has increased by 21.8% over the past 5 years. Spring Valley, Las Vegas, NV is a moderately popular place for families, as children make up 17.5% of the population. The area has a moderately educated workforce, with 38.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.2% reporting working from home.

As of the latest ACS Survey released in 2023, Spring Valley, Las Vegas, NV is a predominantly white area, with 39.7% of the population identifying as white. The white population has shrunk by 8.9% in the last 5 years. The second most common race or ethnicity in Spring Valley, Las Vegas, NV is asian, making up 25.1% of the population. Foreign-born residents account for 24.5% of the population in Spring Valley, Las Vegas, NV, and this percentage has decreased by 19.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

As of 2024, the percent of homes in Spring Valley, Las Vegas, NV under the Section 8 program is 1.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Spring Valley, Las Vegas, NV, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.