Paradise, Las Vegas, NV—89120

As of July '25, Rentcast reports the average rent in Paradise, Las Vegas, NV is $1,940, with a year-over-year rent change of -14.5%. Per bedroom, the median rent as of July '25 in Paradise, Las Vegas, NV is 1-bedrooms: $1,280, 2-bedrooms: $1,460, 3-bedrooms: $2,080, 4-bedrooms: $3,130. The most common rental property sizes in Paradise, Las Vegas, NV are 2-bedroom and 1-bedroom, accounting for 40.3% and 22.5% of the rental stock.

As of the latest ACS Survey released in 2023, Paradise, Las Vegas, NV has a population of 23,800, which has decreased by -5.3% over the past 5 years. Paradise, Las Vegas, NV is a moderately popular place for families, as children make up 20.1% of the population. The area has a moderately educated workforce, with 26.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.

As of the latest ACS Survey released in 2023, Paradise, Las Vegas, NV is a predominantly hispanic area, with 39.3% of the population identifying as hispanic. The hispanic population has grown by 11.3% in the last 5 years. The second most common race or ethnicity in Paradise, Las Vegas, NV is white, making up 38.1% of the population. Foreign-born residents account for 24.7% of the population in Paradise, Las Vegas, NV, and this percentage has increased by 5.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

As of 2024, the percent of homes in Paradise, Las Vegas, NV under the Section 8 program is 2.7%. 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 Paradise, Las Vegas, NV, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.