Housing market/Nevada/ZIP 89119

ACS 2023 · FY2027 SAFMR

ZIP 89119 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
50,585
Households
21,860
Median HH income
$46,472
Renter share
78.2%
Median gross rent
$1,184
Vacancy
11.7%
Pop. change
-3.2%
2BR SAFMR
$1,570
SAFMR / rent
1.326×
2–49 unit stock
13,668
LIHTC proj / units
4 / 156
HUD assisted MF
3 / 129

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 89119 · NV — sent to you.

ZIP 89119 · NV

ACS median rent$1,184
2BR SAFMR$1,570
90% floor$1,413
110% ceiling$1,727

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

Housing stock

ACS 2023 units-in-structure · ZCTA 89119

  • 1-unit detached4,23117.1%
  • 1-unit attached5782.3%
  • 2–4 units5,17520.9%
  • 5–49 units8,49334.3%
  • 50+ units6,17324.9%
  • Mobile1060.4%
TypeUnitsShare
1-unit detached4,23117.1%
1-unit attached5782.3%
2 units (duplex)4511.8%
3–4 units4,72419.1%
5–9 units2,54910.3%
10–19 units3,62214.6%
20–49 units2,3229.4%
50+ units6,17324.9%
Mobile1060.4%

2–4 unit share 20.9% · 5–49 unit share 34.3% · combined 2–49 55.2%.

Units by bedrooms

Studio
3,041
1BR
6,768
2BR
10,694
3BR
2,609
4BR
1,452
5+
192

Rent burden

Rent ≥30% of income53.4%
Rent ≥50% of income26.3%
  • ACS median gross rent $1,184 (all bedrooms, occupied rentals).
  • Median contract rent $1,063.
  • Renters paying ≥30% of income 53.4%; ≥50% 26.3%.
  • FY2027 2BR SAFMR $1,570 (1.326× ACS median gross rent).

Population

50,585 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.2%.

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

Assisted inventory

  • LIHTC: 4 projects, 156 units.
  • HUD project-based assisted MF: 3 properties, 129 assisted units.
  • 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 89119 78.2% of occupied households are renters; vacancy is 11.7%; ACS median gross rent is $1,184; population changed -3.2% between the 2018 and 2023 ACS vintages; the housing stock includes 5,175 units in 2–4-unit structures and 8,493 units in 5–49-unit structures; 4 LIHTC projects totaling 156 units; FY2027 2BR SAFMR is $1,570 versus ACS median gross rent of $1,184. 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 89119 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 89119?

ZIP 89119 (Las Vegas-Henderson-North Las Vegas, NV MSA) has 50,585 residents, 21,860 households, a renter share of 78.2%, median household income of $46,472, and ACS 2023 median gross rent of $1,184. Vacancy is 11.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 89119?

ACS counts 451 units in 2-unit buildings, 4,724 in 3–4 unit buildings, 2,549 in 5–9, 3,622 in 10–19, and 2,322 in 20–49. Combined 2–49 unit stock is 13,668 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 89119?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,570. See the full schedule and 90–110% payment-standard band on the ZIP 89119 — Las Vegas, NV HUD Section 8 Payment Standards / SAFMR.

Does this Nevada ZIP profile include Georgia listings?

No. ZIP 89119 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.