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Rental Insights for ZIP Code 89005 (Boulder City, NV)

Housing Rentals in ZIP Code 89005 (Boulder City, NV)

89005 ZIP Code in Nevada

Everything to Know About Rentals in the U.S. ZIP Code 89005

ZIP Code 89005 is primarily associated with Boulder City, NV in Clark County. The median housing rent in this region or Nevada is estimated at $1,002 per month. About 31.7% of housing units in this Clark County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 7.2%.

The median rent in ZIP Code 89005 of $1,002 per month is 9% lower than the aggregate Nevada median monthly rent of $1,107, and is 6% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 44.5% of residents in ZIP Code 89005 pay between $500 and $999 per month for rent. That is 23% higher than in Nevada overall, in which 36.2% of total state residents pay between $500 and $999 per month for housing. Just 1.5% of renters in this Boulder City, NV region pay between $2,500 and $2,999 per month for rent.

ZIP Code 89005 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 89005

See the chart below for a comparison of monthly rental costs in ZIP Code 89005, Nevada, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 89005 along with those in the state of Nevada and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 89005

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 89005 Nevada U.S.
Less than $500 5.4% 3.8% 9.4%
$500 to $999 44.5% 36.2% 36.2%
$1,000 to $1,499 28.1% 40.1% 30.0%
$1,500 to $1,999 15.7% 15.2% 14.0%
$2,000 to $2,499 2.0% 3.4% 5.6%
$2,500 to $2,999 1.5% 0.8% 2.4%
$3,000 or more 2.8% 0.6% 2.4%

Rent Cost vs. Income in ZIP Code 89005

Renters in ZIP Code 89005 use an estimated 29.11% of their income to cover their monthly rent payments. That is about 3% lower than in Nevada overall. The estimate for Nevada overall is 29.91% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 89005 renters use about 2% less of their income to cover rent expense. Household income figures for ZIP Code 89005 come in higher than in Nevada as a whole. The median annual household income in ZIP Code 89005 of $61,787 sits approximately 2% higher than the overall Nevada median income of $60,365 and approximately 2% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 89005

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 89005, Nevada, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 89005 along with the same calculations in the state of Nevada and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 89005

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 89005 Nevada U.S.
Less than 15.0 percent 12.5% 11.9% 13.1%
15.0 to 19.9 percent 19.4% 13.6% 12.9%
20.0 to 24.9 percent 11.4% 13.3% 12.9%
25.0 to 29.9 percent 12.2% 11.6% 11.6%
30.0 to 34.9 percent 4.1% 9.2% 9.1%
35.0 percent or more 40.5% 40.4% 40.5%

Household Income in ZIP Code 89005

See the table below for the regional comparison of annual household income in ZIP Code 89005.

Income ZIP 89005 Nevada U.S.
Less than $10,000 3.4% 6.0% 6.0%
$10,000 to $14,999 5.0% 3.7% 4.3%
$15,000 to $24,999 9.4% 8.8% 8.9%
$25,000 to $34,999 9.9% 9.4% 8.9%
$35,000 to $49,999 11.8% 13.7% 12.3%
$50,000 to $74,999 19.1% 18.7% 17.2%
$75,000 to $99,999 12.3% 13.7% 12.7%
$100,000 to $149,999 15.8% 14.9% 15.1%
$150,000 to $199,999 6.4% 5.8% 6.8%
$200,000 or more 6.8% 5.4% 7.7%

Household Income in ZIP Code 89005

See the chart below for a comparison of annual household income figures in ZIP Code 89005, Nevada, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 89005 alongside the same figures for the state of Nevada and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 89005

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 89005.

ZIP 89005 Nevada U.S.
Median Housing Rent $1,002 $1,107 $1,062
Renter-Occupied Housing Units 31.7% 43.7% 36.0%
Rental Vacancy Rate 7.2% 7.9% 6.0%
Average Size of Renter-Occupied Unit 2.43 2.61 2.49
Average # of Bedrooms Per Unit 2.61 2.74 2.75
Percent of Income Spent on Rent 29.11% 29.91% 29.83%
Per Capita Income $37,191 $31,557 $34,103
Median Household Income $85,483 $81,496 $88,607
Living Below the Poverty Line 6.1% 9.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 89005

In ZIP Code 89005 (Boulder City, NV), and estimated 31.7% of housing units are occupied by renters. This region has an approximate rental vacany rate of 7.2%.

The per capita income in 89005 is estimated at $37,191, which goes along with an estimated median household income of $85,483. About 6.1% of residents in this Clark County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.43 occupants, while the units have an aggregate average size of 2.61 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 29.11% of their income on housing rental costs.

Rental FAQs for ZIP Code 89005

1

What is the median monthly rent in ZIP Code 89005?

Median rent for housing in ZIP Code 89005 in Clark County in Nevada is approximately $1,002 per month.
2

Is it expensive to rent in ZIP Code 89005?

Rent in ZIP Code 89005 is lower than average in the state of Nevada overall. The median monthly rent of $1,002 in ZIP Code 89005 is approximately 9% lower than the Nevada median of $1,107. Additionally, median rent in this Boulder City, NV region ($1,002) is about 6% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 89005?

High-priced rentals are more common in ZIP Code 89005 than in Nevada overall. The percentage of rentals in ZIP Code 89005 that cost $3,000 or more per month (2.8%) is about 367% higher than the Nevada rate of 0.6% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 17% lower than the aforementioned 89005 rate of 2.8%.
4

Are affordable rentals common in ZIP Code 89005?

Affordable rentals are more common in ZIP Code 89005 than in Nevada overall. The percentage of housing rentals in ZIP Code 89005 costing $999 or less per month (49.9%) is approximately 25% higher than the Nevada rate of 40% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 9% lower than the previously mentioned 89005 rate of 49.9%.
5

What is the most common cost range that rentals fall into in ZIP Code 89005?

The most common range for rental cost in ZIP Code 89005 is between $500 and $999 per month. About 44.5% of renters in 89005 pay in this range for monthly rent. In comparison, approximately 36.2% of renters in the state of Nevada fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 89005 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 89005 is lower than the rental vacancy rate in the state of Nevada overall. Rental vacancy of 7.2% in ZIP Code 89005 is about 9% lower than the Nevada rate of 7.9%. Looking more broadly, rental vacancy in this Boulder City, NV region (7.2%) is an estimated 20% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 89005? How does it compare to other Nevada regions?

Median household income in ZIP Code 89005 is higher than in the state of Nevada overall. Annual household income of $61,787 in ZIP Code 89005 is about 2% higher than the Nevada median of $60,365. Additionally, median household income in this Boulder City, NV region ($61,787) is approximately 2% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 89005 spend on housing costs?

Renters in ZIP Code 89005 spend a lower amount of their income on rent costs than do renters in Nevada overall. Renters in ZIP Code 89005 spend an estimated 29.11% of their income on rent payments, which is about 3% lower than the overall Nevada estimated rate of 29.91%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 2% higher than the ZIP Code 89005 estimated rate of 29.11%.
9

Do renters in ZIP Code 89005 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 89005 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 89005 spending 30 percent or more of their income on rent costs (44.6%) is approximately 10% lower than the Nevada rate of 49.6% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 10% higher than the aforementioned 89005 rate of 44.6%.
10

What is the average household size of renter-occupied units in ZIP Code 89005?

The average household size of renter-occupied units in ZIP Code 89005 is lower than in the state of Nevada overall. Annual household size of 2.43 in ZIP Code 89005 is about 7% lower than the Nevada median of 2.61. Additionally, median household size in this Boulder City, NV region (2.43) is approximately 2% lower than median household size of 2.49 in the U.S. as a whole.