How much is a home worth in ZIP code 89118?

The typical home in 89118 is worth $330,517, based on the Zillow Home Value Index.

Are home values rising in 89118?

Home values in 89118 are down 4.9% over the past year, and up 4.8% a year over five years.

What is the typical rent in 89118?

A typical home in 89118 rents for about $1,538 a month, a gross rental yield of 5.6%.

What is the property tax rate in 89118?

The effective property tax rate in 89118 is 0.5% — roughly $1,624 a year on a typical home.

ZIP code 89118 has a population of 22,610 and a median household income of $71,160.

HousingHandbookReference data

…

U.S. ZIP Code · NV89118

Clark County · Las Vegas-Henderson-North Las Vegas, NV

Typical home value

$330,517^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -4.9%
5-year / yr: +4.8%
10-year / yr: +6.9%

Relative price

vs U.S.: +16.4%
vs metro: -20.5%
vs state: -20.7%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 89118 is worth $330,517 — 20.5% below the Las Vegas-Henderson-North Las Vegas, NV median. Over the past year, values have fallen 4.9%. Homes here rent for a typical $1,538 a month — a 5.6% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,538^[2]
Gross yield: 5.6%^[2]
Cap rate: 3.3%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.5%^[3]
Typical annual tax: $1,624^[3]

#Climate risk

FEMA National Risk Index ratings for Clark County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Very High^[4]
Riverine flood: Very High
Coastal flood: Not Applicable
Wildfire: Relatively High
Drought: Very Low
Heat wave: Very High
Hurricane: No Rating
Tornado: Very Low
Earthquake: Relatively High
Winter weather: Relatively Moderate

#Who lives here

Population: 22,610^[3]
Median household income: $71,160^[3]

#Migration

Household moves in and out of Clark County over a year, from IRS tax-return data.

Net migration: +7,017^[5]
Moved in: 52,618
Moved out: 45,601

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 4
Elementary: 3
Middle: 1
High: 0

Sawyer Grant MS
Middle · Grades 6–8 · Clark County
1,175 students
Amplus Rainbow
Elementary · Grades K–5 · State Sponsored Charter Schools
628 students
Jydstrup Helen ES
Elementary · Grades PK–5 · Clark County
580 students
Earl Marion B ES
Elementary · Grades PK–5 · Clark County
528 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.6%

Net yield (after ~40% expenses)3.3%

Annual rent$18,454

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,671

Loan principal$264,413

Down payment$66,103

Total interest paid$337,245

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.35

Monthly cost to own$2,082

Monthly rent$1,538

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 19th percentile^[1]
Rental yield: 81st percentile^[2]
Property tax: 43rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 89118?: The typical home in 89118 is worth $330,517, based on the Zillow Home Value Index.
Are home values rising in 89118?: Home values in 89118 are down 4.9% over the past year, and up 4.8% a year over five years.
What is the typical rent in 89118?: A typical home in 89118 rents for about $1,538 a month, a gross rental yield of 5.6%.
What is the property tax rate in 89118?: The effective property tax rate in 89118 is 0.5% — roughly $1,624 a year on a typical home.
Who lives in 89118?: ZIP code 89118 has a population of 22,610 and a median household income of $71,160.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

89115 vs 89118 →
North Las Vegas, NV
Typical home
$326,942
Gross yield
5.1%
89106 vs 89118 →
Las Vegas, NV
Typical home
$337,335
Gross yield
5.8%
89101
Las Vegas, NV
Typical home
$318,863
Gross yield
4.4%
89019
Sandy Valley CDP, NV
Typical home
$316,568
Gross yield
—
89107
Las Vegas, NV
Typical home
$351,473
Gross yield
5.1%
89027
Mesquite, NV
Typical home
$352,706
Gross yield
5.6%

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Pit ZIP 89118 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NV89118

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