The Benefits of Renting an Apartment in Las Vegas
June 8, 2023
Apartment Living
It’s well known that Las Vegas is one of the most visited cities in the world. However, it’s also the most populated city in Nevada. The greater Las Vegas area, including Henderson, Summerlin, and North Las Vegas, is home to about 2.33 million residents who enjoy all the benefits of living in this unique city.
If you’re considering a move to Southern Nevada, here’s what you need to know about living in Las Vegas and why Las Vegas luxury apartments may be the best choice for you.
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What are the pros and cons of living in Las Vegas?
While some people may not think Las Vegas is right for them, others love all the perks they get from living in Southern Nevada. Weighing the pros and cons can help you decide if Las Vegas life is for you.
Advantages of living in Las Vegas
1. Affordability
Las Vegas is much more affordable than other major cities in the United States. In particular, rent for a Las Vegas apartment won’t have you living from paycheck to paycheck. The lower cost of living means you have more disposable income to spend on dining, entertainment, or simply saving up.
2. Entertainment
If you love going to concerts, shows, festivals, or sporting events, there is no shortage of world-class entertainment in Las Vegas. On any day of the week, you can catch mega-star headliners, live performances, and professional NHL or NFL games at the new stadiums in Las Vegas. You also have the best dining scene, from world-class chefs to local and ethnic cuisines.
3. Weather
Although Las Vegas summers can get hot, the hottest weather only lasts for about two months out of the year. The rest of the seasons are quite mild, with sunshine on most days. The excellent weather makes Las Vegas the perfect place to enjoy outdoor activities at nearby parks, hiking trails, and national conservation areas.
4. Las Vegas apartment benefits
The best apartments in Las Vegas offer exclusive amenities, spacious floor plans, and high-end living. Renters get all the luxuries they may never be able to afford in other cities, such as Las Vegas luxury apartments with:
- Resort-style pool and spa
- Fitness center
- Clubhouse or entertainment lounge
- Gated entry
- On-site security
- Private balconies or patios
- Complete appliance packages
- Dog runs or parks
Challenges of living in Las Vegas
1. Public transportation
Las Vegas is not known for great public transportation. If you prefer not to drive, you may find your commute difficult. While RTC Southern Nevada does offer a bus system, most people will drive or use ride-sharing services.
2. Tourist crowds
Living in Las Vegas means you may occasionally have to deal with traffic and crowds of tourists visiting the city. While you might not even notice most of the time if you don’t live near the Las Vegas Strip, certain events or headliner residency shows can bring in particularly heavy crowds.
3. 24/7 accessibility
Although many people consider this a major perk, the fact that Las Vegas is a 24-hour city can be difficult for others. You have access to alcohol, gambling, and other types of adult entertainment around the clock, which may not appeal to everyone.
What are the financial benefits of living in Las Vegas?
If you want to live your best life on a budget, Las Vegas is an excellent city to do just that. A combination of affordable apartments around Las Vegas, no income tax, and good-paying jobs all contribute to the advantageous financial climate of Southern Nevada.
Here’s a round-up of why living in Las Vegas may save you some money:
- Affordable Las Vegas apartments
- No state income tax
- Thriving job market
- Lower cost of living than other major cities
- Cheaper cost of annual utilities
- Luxury apartment benefits included with rent
What is the monthly cost of living in Las Vegas?
While Las Vegas’ cost of living is above the national average, it is much more affordable than other urban cities like Los Angeles, San Diego, San Francisco, New York, and Denver. According to recent data, the cost of living index in Las Vegas is 111.0. For reference, the index in Los Angeles is 176.2, 244 in San Francisco, and 127.8 in Denver.
According to UpNest, a single person will spend an average of about $2,205 per month on all necessities, including rent, food, healthcare, utilities, and transportation. A family of four will spend about $4,142 monthly on the same expenses in Las Vegas.
Finding the best apartments in Las Vegas
Looking for apartments near Las Vegas that provide luxury living and upscale amenities at an affordable rent price? Ovation has several high-end properties throughout Southern Nevada that are just what you want. Find the best apartments Las Vegas has to offer and schedule a tour today!
