Las Vegas-Henderson-Paradise, NV · Nevada

Clark County

ZIP 89118

2.3M residents13,293 permits TTM$73,845 median HHI76 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$400,800

ACS 5-Year

Cap rate proxy

4.5%

FMR × 0.65 ÷ Home Value

Rent-to-income

24.7%

HUD FMR ÷ ACS HHI

Net migration

+2.18%

IRS SOI

Permits (TTM)

13,293

Census BPS

Climate risk

99.6

FEMA NRI (0–100)

ZIP 89118

Median home value

Gross yield

Buy Box score

0.6

Section 8 gap

Affordability

P/I: 4.5R/I: 24.5%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown76 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
8915812.7%
891099.3%
891036.3%
891196.2%
891066.1%
890196.0%
890315.9%
891695.9%
890815.8%
891795.8%
891435.7%
891455.7%
890275.6%
891225.6%
890305.6%
891185.5%
891425.4%
891345.4%
890155.3%
891305.3%
890025.3%
891565.3%
891835.3%
891075.2%
890295.1%
890325.1%
891785.1%
891475.1%
890405.0%
890845.0%
891155.0%
891395.0%
891284.9%
891484.9%
891664.8%
891444.8%
891104.8%
891234.8%
891294.8%
890444.7%
890864.7%
891134.7%
891084.7%
891044.7%
891314.6%
890114.6%
891214.6%
890744.6%
891414.6%
890044.5%
890074.5%
890184.5%
890214.5%
890254.5%
890264.5%
890344.5%
890394.5%
890464.5%
890544.5%
890704.5%
891244.5%
891614.5%
891914.5%
891464.5%
890054.5%
890124.5%
891494.5%
891204.5%
891014.4%
891384.3%
890144.3%
891024.3%
891354.1%
891174.0%
890523.7%
890853.6%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

57.0%

Census ACS

Vacancy rate

9.5%

Census ACS

Bachelor's degree +

27.3%

Census ACS

Rent burdened

52.9%

Census ACS (>30% income)

Median age

38.3

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026