Looking to invest in Nevada’s real estate market? According to the Zillow Home Value Index, these 25 neighborhoods represent the most affordable options in the Silver State as of February 2025. You’ll be surprised to discover that North Las Vegas dominates the affordable housing landscape, with 16 of the 25 least expensive neighborhoods in the state.
Despite being some of Nevada’s most affordable areas, these neighborhoods have seen extraordinary growth over the past 15 years, with an average appreciation of over 335% since 2010. What’s more astonishing is that even in just the last five years, these neighborhoods have gained an average of 54% in value, with certain areas like College Heights seeing increases up to 67%. This rapid appreciation demonstrates the incredible demand across all Nevada housing markets.
When comparing Reno and Las Vegas metros, the data reveals a striking trend. While Reno once had significantly lower values than Las Vegas, rapid gentrification and tech industry growth have driven dramatic increases, narrowing the gap between these markets. You’ll find that some Reno neighborhoods feature among both the most affordable and those with the most staggering long-term growth rates, including Smithridge with a remarkable 488% increase since 2010.
25. Townsite (Henderson)
- 2025 Value: $332,268.10
- 2020 Value: $224,165.61
- 2015 Value: $113,944.88
- 2010 Value: $86,887.97
- % Change (2010-2025): 282.41%
- % Change (2015-2025): 191.60%
- % Change (2020-2025): 48.22%
Situated in the historic center of Henderson, Townsite represents the only Henderson neighborhood to make this list of Nevada’s 25 most affordable areas. You’ll find this neighborhood has experienced strong but comparatively moderate growth, with values increasing 282.41% since 2010, rising from $86,887 to $332,268 in 2025. The past decade brought a 191.60% appreciation, while the most recent five years contributed a solid 48.22% increase. Despite being Henderson’s most affordable neighborhood, Townsite’s $332,268 average value is still higher than most areas in this analysis.
24. Sunrise (Las Vegas)
- 2025 Value: $331,888.66
- 2020 Value: $208,829.42
- 2015 Value: $107,190.50
- 2010 Value: $68,039.96
- % Change (2010-2025): 387.78%
- % Change (2015-2025): 209.63%
- % Change (2020-2025): 58.93%
Located in the eastern section of Las Vegas proper, Sunrise has emerged as one of the city’s strongest growth stories while remaining relatively affordable. You’ll be impressed by this neighborhood’s 387.78% appreciation since 2010, with values rising from $68,039 to $331,888 in 2025. The past decade brought a 209.63% increase, while the most recent five years contributed a substantial 58.93% growth. Though now approaching the mid-$300,000s, Sunrise still represents relative value in a metropolitan area seeing consistent strong appreciation.
23. Downtown (Reno)
- 2025 Value: $326,835.66
- 2020 Value: $290,317.17
- 2015 Value: $163,037.24
- 2010 Value: $179,311.53
- % Change (2010-2025): 82.27%
- % Change (2015-2025): 100.47%
- % Change (2020-2025): 12.58%
At the heart of Reno’s urban core, Downtown presents a unique case among Nevada’s more affordable neighborhoods. You’ll find this area’s growth pattern differs significantly from others in this analysis, showing the least appreciation since 2010 at 82.27% and the smallest five-year growth at just 12.58%. What’s particularly interesting is that Downtown Reno’s values actually decreased between 2010 and 2015, reflecting the area’s slower recovery from the housing crisis, before doubling in value over the next decade. Downtown Reno’s current $326,835 average value reflects its increasing desirability as the city experiences urban renewal, with luxury condos, boutique hotels, and a growing dining and arts scene.
22. West Las Vegas (Las Vegas)
- 2025 Value: $320,298.09
- 2020 Value: $200,019.35
- 2015 Value: $96,714.46
- 2010 Value: $65,473.25
- % Change (2010-2025): 389.20%
- % Change (2015-2025): 231.18%
- % Change (2020-2025): 60.13%
Located west of downtown Las Vegas with easy access to the Strip, West Las Vegas represents one of the city’s historic neighborhoods now experiencing revitalization. You’ll notice this area has seen values increase 389.20% since 2010, rising from $65,473 to $320,298 in 2025. The past decade brought a 231.18% appreciation, while the most recent five years contributed a robust 60.13% increase. Though now crossing the $320,000 threshold, the neighborhood still provides relative value compared to other areas with similar proximity to Las Vegas.
21. East Las Vegas (Las Vegas)
- 2025 Value: $312,068.72
- 2020 Value: $188,991.68
- 2015 Value: $91,756.56
- 2010 Value: $60,399.36
- % Change (2010-2025): 416.68%
- % Change (2015-2025): 240.11%
- % Change (2020-2025): 65.12%
Stretching along the eastern section of Las Vegas proper, East Las Vegas offers exceptional value with impressive growth potential. You’ll find this neighborhood has experienced extraordinary appreciation of 416.68% since 2010, with values increasing from $60,399 to $312,068 in 2025. The past decade saw values more than triple with a 240.11% increase, while the most recent five years contributed a substantial 65.12% growth—among the highest short-term appreciation rates in this analysis.
20. Cultural Corridor (Las Vegas)
- 2025 Value: $309,106.89
- 2020 Value: $193,782.89
- 2015 Value: $91,675.11
- 2010 Value: $60,370.19
- % Change (2010-2025): 412.02%
- % Change (2015-2025): 237.18%
- % Change (2020-2025): 59.51%
Situated near Las Vegas’s arts and cultural institutions, the aptly named Cultural Corridor presents an intriguing opportunity in the city’s housing market. You’ll discover this neighborhood has experienced extraordinary growth, with values increasing 412.02% since 2010, climbing from $60,370 to $309,106 in 2025. The past decade alone contributed a 237.18% increase, while the most recent five years added a substantial 59.51% appreciation. Despite its desirable location, the neighborhood remains among Nevada’s more affordable areas, though its continued strong appreciation suggests this relative affordability may not last long.
19. College Heights (North Las Vegas)
- 2025 Value: $307,400.97
- 2020 Value: $184,027.88
- 2015 Value: $74,771.29
- 2010 Value: N/A
- % Change (2010-2025): N/A
- % Change (2015-2025): 311.12%
- % Change (2020-2025): 67.04%
Adjacent to educational institutions in North Las Vegas, College Heights boasts the highest five-year appreciation rate among all 25 neighborhoods. You’ll be impressed by this area’s remarkable growth trajectory, with values increasing 311.12% since 2015, rising from $74,771 to $307,400 in 2025. The past five years have been particularly dynamic, with a market-leading 67.04% increase that outpaces all other neighborhoods in this analysis. While 2010 data isn’t available, College Heights clearly demonstrates the extraordinary revival occurring throughout North Las Vegas.
18. College Park (North Las Vegas)
- 2025 Value: $307,205.36
- 2020 Value: $191,452.86
- 2015 Value: $85,328.89
- 2010 Value: N/A
- % Change (2010-2025): N/A
- % Change (2015-2025): 260.03%
- % Change (2020-2025): 60.46%
Located in central North Las Vegas near educational institutions, College Park offers exceptional growth potential in a still-affordable package. You’ll notice this neighborhood has seen values more than triple since 2015, climbing from $85,328 to $307,205 in 2025—a dramatic 260.03% increase. The past five years alone contributed a substantial 60.46% to this growth. Though 2010 data isn’t available, College Park’s consistent appreciation pattern aligns with the broader North Las Vegas trend of extraordinary recovery and growth.
17. East University (Reno)
- 2025 Value: $306,750.67
- 2020 Value: $225,754.88
- 2015 Value: $93,668.13
- 2010 Value: $49,721.53
- % Change (2010-2025): 516.94%
- % Change (2015-2025): 227.49%
- % Change (2020-2025): 35.88%
Bordering the University of Nevada, Reno campus, East University demonstrates the remarkable transformation occurring in Reno’s housing market. You’ll be astounded by this neighborhood’s extraordinary 516.94% appreciation since 2010, with values rising from just $49,721 to $306,750 in 2025. The most dramatic growth occurred between 2015 and 2020, though the past five years have still delivered a solid 35.88% increase—the lowest rate among these 25 neighborhoods, possibly indicating some normalization in Reno’s previously superheated market.
16. Regal Estates (North Las Vegas)
- 2025 Value: $306,265.29
- 2020 Value: $196,960.91
- 2015 Value: $82,445.86
- 2010 Value: N/A
- % Change (2010-2025): N/A
- % Change (2015-2025): 271.47%
- % Change (2020-2025): 55.50%
Nestled in the eastern portion of North Las Vegas, Regal Estates delivers impressive growth while maintaining relative affordability. You’ll find this neighborhood has experienced substantial appreciation, with values more than tripling from $82,445 in 2015 to $306,265 in 2025—a remarkable 271.47% increase. Even in the past five years, values have jumped 55.50%, demonstrating continued strong demand. While 2010 data isn’t available, Regal Estates’ growth trajectory matches other North Las Vegas neighborhoods that have seen tremendous recovery and appreciation since the housing crisis.
15. Centennial Park (North Las Vegas)
- 2025 Value: $302,453.58
- 2020 Value: $192,096.28
- 2015 Value: N/A
- 2010 Value: N/A
- % Change (2010-2025): N/A
- % Change (2015-2025): N/A
- % Change (2020-2025): 57.45%
Adjacent to extensive recreational facilities in northern North Las Vegas, Centennial Park represents one of the newer developments among Nevada’s most affordable neighborhoods. You’ll notice that while historical data before 2020 isn’t available, this area has seen tremendous growth in just five years, with values increasing 57.45% from $192,096 to $302,453. This rapid appreciation suggests that even newer communities in North Las Vegas are experiencing the same growth trends as more established neighborhoods.
14. Park North (North Las Vegas)
- 2025 Value: $302,447.45
- 2020 Value: $190,999.71
- 2015 Value: $83,129.51
- 2010 Value: $55,524.78
- % Change (2010-2025): 444.71%
- % Change (2015-2025): 263.83%
- % Change (2020-2025): 58.35%
Located in the central region of North Las Vegas adjacent to recreation facilities, Park North showcases the extraordinary transformation possible in Nevada’s housing market. You’ll be impressed by the neighborhood’s remarkable 444.71% growth since 2010, with values increasing from $55,524 to $302,447 in 2025. The past decade alone brought a 263.83% jump in values, while the most recent five-year period contributed a healthy 58.35% increase.
13. Mountain Shadows (North Las Vegas)
- 2025 Value: $301,981.58
- 2020 Value: $192,434.22
- 2015 Value: $87,170.95
- 2010 Value: $48,662.03
- % Change (2010-2025): 520.57%
- % Change (2015-2025): 246.42%
- % Change (2020-2025): 56.93%
Situated in the northwestern section of North Las Vegas with views of the surrounding mountains, Mountain Shadows boasts the strongest long-term appreciation among all 25 neighborhoods. You’ll be astounded by its extraordinary 520.57% growth since 2010, with home values increasing from just $48,662 to $301,981 in 2025. The past decade alone has seen values nearly triple with a 246.42% increase, while the most recent five years contributed a robust 56.93% appreciation. Mountain Shadows exemplifies Nevada’s remarkable housing recovery and growth story, transforming from a deeply affordable post-recession neighborhood to one that now barely exceeds the $300,000 threshold. The area’s dramatic turnaround demonstrates the incredible opportunity that existed for those who invested during the housing downturn.
12. Valley View Estates (North Las Vegas)
- 2025 Value: $299,558.31
- 2020 Value: $180,966.23
- 2015 Value: $71,304.93
- 2010 Value: N/A
- % Change (2010-2025): N/A
- % Change (2015-2025): 320.11%
- % Change (2020-2025): 65.53%
Bordering the western section of North Las Vegas, Valley View Estates delivers extraordinary growth potential while remaining just under the $300,000 threshold. You’ll find this neighborhood has experienced a remarkable 320.11% appreciation since 2015, with values climbing from just $71,304 to $299,558 in 2025. The most recent five-year period has been particularly strong, showing a 65.53% increase—among the highest short-term growth rates in Nevada. While data from 2010 isn’t available, Valley View Estates clearly demonstrates the dramatic transformation occurring throughout North Las Vegas.
11. Northland Park (North Las Vegas)
- 2025 Value: $298,951.66
- 2020 Value: $189,055.67
- 2015 Value: $82,752.01
- 2010 Value: N/A
- % Change (2010-2025): N/A
- % Change (2015-2025): 261.26%
- % Change (2020-2025): 58.13%
Adjacent to major thoroughfares in North Las Vegas, Northland Park represents an increasingly rare find in Nevada’s housing market—a neighborhood still priced below $300,000. You’ll notice this area has experienced tremendous growth over the past decade, with values rising 261.26% since 2015, from $82,752 to $298,951 in 2025. The past five years have contributed significantly to this appreciation with a 58.13% increase. Though 2010 data isn’t available, Northland Park’s growth trajectory mirrors the broader North Las Vegas transformation.
10. Highland Village (North Las Vegas)
- 2025 Value: $296,854.37
- 2020 Value: $182,858.87
- 2015 Value: $71,536.85
- 2010 Value: N/A
- % Change (2010-2025): N/A
- % Change (2015-2025): 314.97%
- % Change (2020-2025): 62.34%
Situated in the northeastern quadrant of North Las Vegas, Highland Village offers exceptional value with strong appreciation potential. You’ll be impressed by the neighborhood’s remarkable 314.97% growth since 2015, with home values surging from $71,536 to $296,854 in 2025. In just the past five years, values have increased a substantial 62.34%. While 2010 data isn’t available, Highland Village’s growth pattern aligns with other rapidly appreciating North Las Vegas neighborhoods.
9. Arrow Head Acres (North Las Vegas)
- 2025 Value: $292,016.64
- 2020 Value: $183,430.18
- 2015 Value: $72,859.14
- 2010 Value: $55,136.83
- % Change (2010-2025): 429.62%
- % Change (2015-2025): 300.80%
- % Change (2020-2025): 59.20%
Stretching along the northern edge of North Las Vegas, Arrow Head Acres exemplifies the remarkable investment opportunity present in Nevada’s affordable neighborhoods. You’ll be astonished at this area’s 429.62% appreciation since 2010, with values climbing from just $55,136 to $292,016 in 2025. Particularly impressive is the 300.80% growth in the past decade, including a substantial 59.20% increase just since 2020. Arrow Head Acres represents one of Nevada’s strongest long-term growth stories while still remaining among its most affordable neighborhoods.
8. Desert View Manor (North Las Vegas)
- 2025 Value: $291,567.66
- 2020 Value: $187,329.30
- 2015 Value: $78,316.81
- 2010 Value: $62,431.56
- % Change (2010-2025): 367.02%
- % Change (2015-2025): 272.29%
- % Change (2020-2025): 55.64%
Located in the southwestern section of North Las Vegas, Desert View Manor showcases the extraordinary growth occurring throughout Nevada’s residential real estate market. You’ll find this neighborhood has appreciated 367.02% since 2010, with home values soaring from $62,431 to $291,567 in 2025. The most dramatic growth occurred between 2015 and 2020, though the past five years have still delivered a robust 55.64% increase. Desert View Manor offers homebuyers relatively affordable housing in the Las Vegas metro area, with prices that remain under $300,000 despite the substantial long-term appreciation.
7. Holiday Park (North Las Vegas)
- 2025 Value: $289,823.26
- 2020 Value: $187,173.84
- 2015 Value: $77,754.50
- 2010 Value: N/A
- % Change (2010-2025): N/A
- % Change (2015-2025): 272.74%
- % Change (2020-2025): 54.84%
Nestled in the heart of North Las Vegas, Holiday Park combines affordability with impressive growth potential. You’ll appreciate how this neighborhood has seen values nearly quadruple since 2015, climbing from $77,754 to $289,823 in 2025—an extraordinary 272.74% increase. The past five years alone brought a substantial 54.84% appreciation rate. While 2010 data isn’t available for comparison, Holiday Park’s growth trajectory demonstrates the dramatic transformation occurring throughout North Las Vegas. With average values under $290,000, this neighborhood provides opportunities for homebuyers seeking affordable housing in a rapidly appreciating market, situated conveniently near retail centers and transportation corridors.
6. Wishing Well Meadows (North Las Vegas)
- 2025 Value: $285,286.76
- 2020 Value: $189,818.53
- 2015 Value: $78,751.41
- 2010 Value: N/A
- % Change (2010-2025): N/A
- % Change (2015-2025): 262.26%
- % Change (2020-2025): 50.29%
On the eastern side of North Las Vegas, Wishing Well Meadows presents an appealing option for budget-conscious homebuyers. You’ll find this neighborhood has experienced substantial growth, with home values increasing 262.26% since 2015, rising from $78,751 to $285,286 in 2025. Even in the past five years, values have grown a significant 50.29%. Though 2010 data isn’t available, the area’s growth pattern aligns with other North Las Vegas neighborhoods that have seen tremendous appreciation.
5. East Vegas (North Las Vegas)
- 2025 Value: $279,705.60
- 2020 Value: $178,789.07
- 2015 Value: $76,189.30
- 2010 Value: N/A
- % Change (2010-2025): N/A
- % Change (2015-2025): 267.12%
- % Change (2020-2025): 56.44%
Tucked in the eastern portion of North Las Vegas, East Vegas offers homebuyers a compelling combination of affordability and growth potential. You’ll notice this neighborhood has seen values more than triple since 2015, climbing from $76,189 to $279,705 in 2025—a remarkable 267.12% increase. The most recent five-year period continues this upward trajectory with a solid 56.44% appreciation. While data from 2010 isn’t available, the neighborhood’s consistent growth pattern matches the broader North Las Vegas trend.
4. Federal Park (North Las Vegas)
- 2025 Value: $277,992.29
- 2020 Value: $175,202.29
- 2015 Value: $68,322.91
- 2010 Value: N/A
- % Change (2010-2025): N/A
- % Change (2015-2025): 306.88%
- % Change (2020-2025): 58.67%
Bordering the I-15 corridor in North Las Vegas, Federal Park represents one of the city’s most rapidly appreciating yet still affordable neighborhoods. You’ll be impressed by the area’s tremendous 306.88% growth since 2015, with home values rising from just $68,322 to $277,992 in 2025. The past five years have continued this trend with a robust 58.67% increase. Though 2010 data isn’t available, Federal Park’s consistent growth pattern mirrors neighboring areas, demonstrating the broader North Las Vegas renaissance.
3. North Main (North Las Vegas)
- 2025 Value: $274,448.58
- 2020 Value: $172,686.74
- 2015 Value: $67,673.41
- 2010 Value: N/A
- % Change (2010-2025): N/A
- % Change (2015-2025): 305.55%
- % Change (2020-2025): 58.93%
Situated along the North Main Street corridor in North Las Vegas, this neighborhood offers exceptional value in the Las Vegas metropolitan area. You’ll observe that home values have more than quadrupled here since 2015, soaring from $67,673 to $274,448 in 2025—a staggering 305.55% increase in just a decade. The past five years alone have brought a 58.93% increase, demonstrating
2. Downtown East (Las Vegas)
2025 Value: $273,873.74
2020 Value: $169,019.43
2015 Value: $73,668.18
2010 Value: $58,131.36
% Change (2010-2025): 371.13%
% Change (2015-2025): 271.77%
% Change (2020-2025): 62.04%
Located just east of the famous Las Vegas Strip, Downtown East presents an intriguing opportunity in Las Vegas real estate. You’ll discover this area has experienced remarkable growth, with home values increasing 371.13% since 2010 and a particularly strong 62.04% jump in just the last five years. The neighborhood’s 2025 average home value of $273,873 makes it the second most affordable neighborhood in Nevada, despite being within walking distance of downtown Las Vegas.
1. Smithridge (Reno)
2025 Value: $258,631.02
2020 Value: $179,337.25
2015 Value: $66,775.91
2010 Value: $43,948.26
% Change (2010-2025): 488.49%
% Change (2015-2025): 287.31%
% Change (2020-2025): 44.21%
Nestled in the southeast part of Reno near the Reno-Tahoe International Airport, Smithridge has experienced a remarkable transformation since 2010. You’ll find this neighborhood has appreciated an astonishing 488.49% over the past 15 years, evolving from a $43,948 average home value in 2010 to $258,631 in 2025. The area saw particularly strong growth between 2015 and 2020 when values nearly tripled, followed by a still robust 44.21% increase over the past five years. Smithridge remains the most affordable neighborhood in Nevada, offering an entry point into Reno’s increasingly expensive housing market.
