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  1. Home
  2. /Browse ZIP Codes
  3. /Nevada
  4. /Las Vegas
  5. /Rhodes Ranch, Las Vegas, NV - 89148

Rhodes Ranch, Las Vegas, NV—89148

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$470,000
4.4% YoY Growth
Household Income
$94,900
29.2% YoY Growth
Days on Market
43
23.0% Longer YoY
Home Price Forecast
-0.2%
Median Rent
$2,200
3.4% YoY Growth
1-Bed Rent
$1,450
25.8% YoY Growth
2-Bed Rent
$1,800
3.9% YoY Growth
3-Bed Rent
$2,100
3.1% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Rhodes Ranch, Las Vegas, NV

As of May '26, the median home price in Rhodes Ranch, Las Vegas, NV is $470,000, with a year-over-year change of -4.4%. This indicates that home prices in Rhodes Ranch, Las Vegas, NV are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$470,000-4.4%
Single Family $488,000-4.5%
Condos $259,000-4.8%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $206,000
    -4.6%
    2 Bed
    		$319,000-4.8%
    3 Bed
    		$447,000-4.3%
    4 Bed
    		$520,000-4.4%
    5 Bed $642,460-3.7%
    Loading chart...

    % of Housing Stock

    Studio
    1.6%
    1 Bedroom
    7.2%
    2 Bedrooms
    17.3%
    3 Bedrooms
    41.4%
    4 Bedrooms
    26.3%
    5+ Bedrooms
    6.2%

    Rental Trends — Rhodes Ranch, Las Vegas, NV

    As of July '25, Rentcast reports the average rent in Rhodes Ranch, Las Vegas, NV is $2,280, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in Rhodes Ranch, Las Vegas, NV is studios: $1,730, 1-bedrooms: $1,380, 2-bedrooms: $1,880, 3-bedrooms: $2,210, 4-bedrooms: $2,480. The most common rental property sizes in Rhodes Ranch, Las Vegas, NV are 3-bedroom and 2-bedroom, accounting for 31.1% and 26.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,200$2,280
    Studio Rent $1,570$1,730
    1 Bed Rent $1,450$1,380
    2 Bed Rent $1,800$1,880
    3 Bed Rent $2,100$2,210
    4 Bed Rent $2,380$2,480
    Loading chart...

    % of Rental Stock

    Studio
    3.7%
    1 Bedroom
    16.6%
    2 Bedrooms
    26.6%
    3 Bedrooms
    31.1%
    4 Bedrooms
    17.9%
    5+ Bedrooms
    4.2%

    Property Listings — Rhodes Ranch, Las Vegas, NV

    As of May '26, Realtor.com reports that the median days on market for a home in Rhodes Ranch, Las Vegas, NV is 43. This is a increase of 23.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$535,000-4.0%
    Listing Count
    		28712.0%
    Listings as % of Homes0.9%12.0%
    Days on Market
    		4323.0%
    Loading chart...

    Demographics — Rhodes Ranch, Las Vegas, NV

    As of the latest ACS Survey released in 2023, Rhodes Ranch, Las Vegas, NV has a population of 64,000, which has increased by 20.9% over the past 5 years. Rhodes Ranch, Las Vegas, NV is a moderately popular place for families, as children make up 21.4% of the population. The area has a moderately educated workforce, with 37.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		64,00020.9%
    % Under 18
    		21.4%-21.3%
    % Seniors
    		12.5%42.0%
    % WFH
    		14.6%143.3%
    % w/ College Degree
    		37.3%14.4%
    Loading chart...

    As of the latest ACS Survey released in 2023, Rhodes Ranch, Las Vegas, NV is a predominantly white area, with 38.7% of the population identifying as white. The white population has shrunk by 6.1% in the last 5 years. The second most common race or ethnicity in Rhodes Ranch, Las Vegas, NV is asian, making up 23.8% of the population. Foreign-born residents account for 26.2% of the population in Rhodes Ranch, Las Vegas, NV, and this percentage has increased by 1.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		38.7%-6.1%
    % Black
    		13.6%54.5%
    % Hispanic
    		16.6%-13.5%
    % Asian
    		23.8%1.3%
    % Foreign Born
    		26.2%1.9%
    Loading chart...

    Mortgage and Risk — Rhodes Ranch, Las Vegas, NV

    Rhodes Ranch, Las Vegas, NV lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
    Loading chart...
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    Rentals and Section 8 — Rhodes Ranch, Las Vegas, NV

    As of 2024, the percent of homes in Rhodes Ranch, Las Vegas, NV under the Section 8 program is 1.8%. 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 Rhodes Ranch, Las Vegas, NV, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

    Section 8 Market Size

    Total Units under HUD
    		175
    Total Units Section 8
    		175
    % Rentals under Section 8
    		1.8%
    % Occupied Section 8
    		98.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$190$1,450$1,640
    2 Bedroom$140$1,800$1,940
    3 Bedroom$620$2,100$2,720
    4 Bedroom$770$2,380$3,150

    Affordability — Rhodes Ranch, Las Vegas, NV

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.9
    Median Home Price$470,000
    Median Household Income$94,900

    Rhodes Ranch, Las Vegas, NV — ZIP Code Boundary Map

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    Frequently Asked Questions