2026 Affordability Data
Most Affordable Neighborhoods in Las Vegas - 2026 Data
The median home value in Las Vegas is $131,500, 53% below nat'l avg. Median rent is $714/month. With an affordability index of 136, Las Vegas is more affordable than the national baseline of 100. We ranked 20 neighborhoods by affordability to help you find the best value in the Las Vegas, NM area.
Key Takeaways: Affordability in Las Vegas
- 1The most affordable neighborhood in Las Vegas is Chaparral CDP, with a median home value of $90,200.
- 2Las Vegas's median home value is $131,500, 53% below nat'l avg (national: $281,900).
- 3Las Vegas's affordability index is 136 (baseline 100), making it more affordable than the national average.
- 4Median rent in Las Vegas is $714/month, 39% below nat'l avg (national: $1,163/month).
- 5We analyzed 20 neighborhoods in Las Vegas to find the most affordable areas based on home values, rent, and affordability index.
Las Vegas Affordability Overview
Median Home Value
$131,500
53% below nat'l avg
Median Rent
$714/mo
39% below nat'l avg
Median Income
$39,558
47% below nat'l avg
Affordability Index
136
36% above nat'l avg
Most Affordable Neighborhoods in Las Vegas (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Chaparral CDPChaparral CDP, NM | $90,200 |
| 2 | North Valley CDPNorth Valley CDP, NM | $278,200 |
| 3 | Los Alamos CDPLos Alamos CDP, NM | $410,100 |
| 4 | South Valley CDPSouth Valley CDP, NM | $184,400 |
| 5 | Chimayo CDPChimayo CDP, NM | $209,500 |
| 6 | Center Point CDPCenter Point CDP, NM | $187,900 |
| 7 | El Cerro CDPEl Cerro CDP, NM | $232,900 |
| 8 | La Mesilla CDPLa Mesilla CDP, NM | $248,800 |
| 9 | North Hobbs CDPNorth Hobbs CDP, NM | $208,000 |
| 10 | Agua Fria CDPAgua Fria CDP, NM | $254,500 |
| 11 | White Rock CDPWhite Rock CDP, NM | $420,000 |
| 12 | Eldorado at Santa Fe CDPEldorado at Santa Fe CDP, NM | $484,800 |
| 13 | Meadow Lake CDPMeadow Lake CDP, NM | $85,600 |
| 14 | Sandia Heights CDPSandia Heights CDP, NM | $593,100 |
| 15 | Paradise Hills CDPParadise Hills CDP, NM | $230,500 |
| 16 | Crownpoint CDPCrownpoint CDP, NM | $60,900 |
| 17 | Placitas CDP (Sandoval County)Placitas CDP (Sandoval County), NM | $470,300 |
| 18 | Santa Teresa CDPSanta Teresa CDP, NM | $212,700 |
| 19 | Zuni Pueblo CDPZuni Pueblo CDP, NM | $72,500 |
| 20 | Crouch Mesa CDPCrouch Mesa CDP, NM | $83,500 |
Detailed Neighborhood Profiles
Home Value: $90,200
Rent: $714/mo
Affordability: 136
Population: 15,290
Walk Score: 0/100
Home Value: $278,200
Rent: $714/mo
Affordability: 136
Population: 11,256
Walk Score: 0/100
Home Value: $410,100
Rent: $714/mo
Affordability: 136
Population: 13,460
Walk Score: 0/100
4
Home Value: $184,400
Rent: $714/mo
Affordability: 136
Population: 37,601
Walk Score: 0/100
5
Home Value: $209,500
Rent: $908/mo
Population: 2,955
6
Home Value: $187,900
Rent: $1,206/mo
Population: 2,576
7
Home Value: $232,900
Rent: $1,000/mo
Population: 3,244
8
Home Value: $248,800
Rent: $838/mo
Population: 2,456
9
Home Value: $208,000
Rent: $1,085/mo
Population: 5,863
10
Home Value: $254,500
Rent: $1,100/mo
Population: 2,523
11
Home Value: $420,000
Rent: $1,356/mo
Population: 5,592
12
Home Value: $484,800
Rent: $2,065/mo
Population: 5,471
13
Home Value: $85,600
Rent: $722/mo
Population: 4,745
14
Home Value: $593,100
Rent: $2,567/mo
Population: 3,205
15
Home Value: $230,500
Rent: $1,227/mo
Population: 4,441
16
Home Value: $60,900
Rent: $398/mo
Population: 2,823
17
Home Value: $470,300
Rent: $1,604/mo
Population: 4,066
18
Home Value: $212,700
Rent: $934/mo
Population: 6,396
Walk Score: 0/100
19
Home Value: $72,500
Rent: $550/mo
Population: 6,789
Walk Score: 0/100
20
Home Value: $83,500
Rent: $1,162/mo
Population: 4,834
Frequently Asked Questions About Affordability in Las Vegas
What is the most affordable neighborhood in Las Vegas, NM?▾
Based on 2026 data, Chaparral CDP is the most affordable neighborhood in Las Vegas with a median home value of $90,200. Kurby analyzed 20 neighborhoods in the Las Vegas area to compile these rankings.
What is the median home price in Las Vegas, NM?▾
The median home price in Las Vegas is $131,500, which is 53% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Las Vegas affordable compared to the national average?▾
Las Vegas has an affordability index of 136, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Las Vegas, NM?▾
The median monthly rent in Las Vegas is $714. This is 39% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Las Vegas?▾
The median household income in Las Vegas is $39,558 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Las Vegas are below the national average home price?▾
15 out of 20 ranked neighborhoods in Las Vegas have a median home value below the national average of $281,900. The most affordable is Chaparral CDP at $90,200 (Source: Kurby, 2026).