Living in Downtown Las Vegas, in many ways, is the best of both worlds. Here, you have a front-row seat to all the excitement found on Las Vegas Boulevard, but you also get a taste of suburban-living with quaint neighborhoods and communities. Moreover, Downtown Las Vegas offers family-friendly entertainment and dining. There’s also an emerging art and culture scene in Downtown Las Vegas. Presently, if you are looking for a townhome, a single-family residence, or a homesite in Downtown Las Vegas, you’ll find an amazing selection for every budget. Right now, the median sale price for homes here is $257,500, and the median rental rate is approximately $1,890 a month.
Downtown Las Vegas has 45+ available townhomes/condos currently on the market. These available homes range from $78,000 for 2-bed, 1-bath condo/townhome to $4,700,000 for a 4-bed, 5.5-bath penthouse near Las Vegas Boulevard. Of course, if you prefer something a little more affordable, there are several affordable townhomes for sale. Take the 2-bed, 2.5-bath, 1,491 square foot, two-story loft-home for $499,900. This contemporary gem has a unique open floor plan, a large kitchen for entertaining, and easy access to the community’s pool with sun deck. Then again, for only $639,900, you can own a gorgeous 3-bed, 2.5-bath, 1,847 square foot, fully-furnished condo/townhome.
For the renters, Downtown Las Vegas has roughly 30 or so townhomes for rent at the moment. These rental properties range from $1,050 for a 1-bed, 1-bath condo/townhome to $3,900 a month for a 1-bed, 1.5-bath condo that’s fully-furnished on located on Las Vegas Boulevard. Here, location obviously matters, but you can still find a handful of condos on Las Vegas Boulevard that offer even more living space. For instance, a 3-bed, 2.5-bath, 1,847 square foot renovated condo on Las Vegas Boulevard is for rent for just $2,550 a month. This stunning home has stainless steel appliances, modern lighting, spacious bedrooms, and a beautifully-designed kitchen.
Likewise, Downtown Las Vegas has almost 30 single-family homes for sale. These single-family residences generally offer 2-5 bedrooms, 2+ bathrooms, and ample living space. Downtown, you’ll also find several starter homes ranging from $99,000 to $209,000. These particular homes are perfect for a growing family or a couple looking to flip houses. The remaining available homes start at $214,000+ and offer modern yet affordable luxury. Take the recently renovated 3-bed, 2-bath, 1,010 square foot, single-story pool home for $229,900. This home has been updated inside and out. There’s even new landscaping, which only adds to this home’s appeal.
In terms of homes for rent, there’s, unfortunately, minimal supply in Downtown Las Vegas. In fact, there are less than five single-family rental homes available right now. Nonetheless, these rental homes are reasonably-priced, with rental rates ranging from $1,150 for a 4-bed, 2-bath home to $6,000 a month for a historic 4-bed, 2.5-bath residence. One rental home worth considering in this area is a 2-bed, 1-bath, 1,007 square foot, fully-furnished home for $1,999 a month. Close to everything, this rental property has a lot to offer, including Wi-Fi, Hulu, Netflix, and a $100 per month utility credit.
Lastly, Downtown Las Vegas has several parcels of land for sale. Here, you’ll find residential and commercial lots on the market. Overall, these available land lots range from $87,000 for 7,841 square foot of commercial land to $3,190,000 for a .4-acre lot zoned for multi-family dwellings. However, if you are currently looking for a homesite, then you need to act fast as there are only three available at this time. Nonetheless, depending on your building plans and budget, you can easily build your dream home or future business in Downtown Las Vegas.