Housing market/Nevada/ZIP 89129

ACS 2023 · FY2027 SAFMR

ZIP 89129 Las Vegas, Nevada

Las Vegas-Henderson-North Las Vegas, NV MSA · Nevada. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
54,575
Households
21,022
Median HH income
$87,544
Renter share
29.8%
Median gross rent
$1,767
Vacancy
4.2%
Pop. change
-3.8%
2BR SAFMR
$1,760
SAFMR / rent
0.996×
2–49 unit stock
3,003
LIHTC proj / units
1 / 272
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 89129 · NV — sent to you.

ZIP 89129 · NV

ACS median rent$1,767
2BR SAFMR$1,760
90% floor$1,584
110% ceiling$1,936

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 89129

  • 1-unit detached17,15978.3%
  • 1-unit attached1,0324.7%
  • 2–4 units1,3266.1%
  • 5–49 units1,6777.7%
  • 50+ units6362.9%
  • Mobile860.4%
TypeUnitsShare
1-unit detached17,15978.2%
1-unit attached1,0324.7%
2 units (duplex)340.2%
3–4 units1,2925.9%
5–9 units1,1725.3%
10–19 units4051.8%
20–49 units1000.5%
50+ units6362.9%
Mobile860.4%

2–4 unit share 6.0% · 5–49 unit share 7.6% · combined 2–49 13.7%.

Units by bedrooms

Studio
414
1BR
966
2BR
3,686
3BR
9,021
4BR
5,093
5+
2,761

Rent burden

Rent ≥30% of income53.3%
Rent ≥50% of income26.4%
  • ACS median gross rent $1,767 (all bedrooms, occupied rentals).
  • Median contract rent $1,580.
  • Renters paying ≥30% of income 53.3%; ≥50% 26.4%.
  • FY2027 2BR SAFMR $1,760 (0.996× ACS median gross rent).

Population

54,575 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.8%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 272 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 4,540 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 89129 29.8% of occupied households are renters; vacancy is 4.2%; ACS median gross rent is $1,767; population changed -3.8% between the 2018 and 2023 ACS vintages; the housing stock includes 1,326 units in 2–4-unit structures and 1,677 units in 5–49-unit structures; 1 LIHTC projects totaling 272 units; FY2027 2BR SAFMR is $1,760 versus ACS median gross rent of $1,767. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Nevada research

ZIP 89129 is a Census / HUD profile for Las Vegas-Henderson-North Las Vegas, NV. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Nevada research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 89129?

ZIP 89129 (Las Vegas-Henderson-North Las Vegas, NV MSA) has 54,575 residents, 21,022 households, a renter share of 29.8%, median household income of $87,544, and ACS 2023 median gross rent of $1,767. Vacancy is 4.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 89129?

ACS counts 34 units in 2-unit buildings, 1,292 in 3–4 unit buildings, 1,172 in 5–9, 405 in 10–19, and 100 in 20–49. Combined 2–49 unit stock is 3,003 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 89129?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,760. See the full schedule and 90–110% payment-standard band on the ZIP 89129 — Las Vegas, NV HUD Section 8 Payment Standards / SAFMR.

Does this Nevada ZIP profile include Georgia listings?

No. ZIP 89129 is Census / HUD research for Las Vegas-Henderson-North Las Vegas, NV MSA. Jeff Crowe CRE does not list Nevada property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.