Rental market · Paradise, NV · Census-designated place
Paradise, NV: average rent, home values, and rental yield
Mountain · Population 186,178
Price & rent history
Home value: no Zillow ZHVI series - Zillow does not cover this city (Census-only). Nothing plotted rather than estimated.
Asking rent: no Zillow ZORI series - Zillow does not cover this city (Census-only). Nothing plotted rather than estimated.
ZIP markets in Paradise
14 Census ZIP Codes (ZCTAs) officially overlap Paradise by land area · 13 data-eligible for subscores. Overlap is Census land-area share, not a population or address share. Each ZIP Code's overall Rental Investor ZIP Score, grade and canonical national rank are shown below (the two component signals, affordability and rental market, are separate percentiles). There is no city-scoped ZIP rank: city overlap isn't a ranking universe, so only the national rank is shown. These ZIP rankings sit in the ZIP universe only, never mixed with, and not directly comparable to, Paradise's city ranking. Vintage: the Key metric column below is Census ACS 2020–2024 (5-year), a full survey release newer than the ACS 2019–2023 figures used above for Paradise itself, so the same measure can legitimately show a different number at the city and ZIP level.
| ZIP Code | Overallgrade · natl rank | Tier · overlap | Affordabilitysignal · natl rank | Rental marketsignal · natl rank | Key metric |
|---|---|---|---|---|---|
| 89158Paradise | — | ProfilePrimary | — | — | 2.1%Survey yield |
| 89120Paradise | A 66#1,246 nat | RankedPrimary | 64#4,485 of 20,132 · top 22% | 58#6,279 of 20,132 · top 31% | 4.5%Survey yield |
| 89119Paradise | A 70#507 nat | RankedPrimary | 65#4,068 of 20,132 · top 20% | 64#3,924 of 20,132 · top 19% | 4.6%Survey yield |
| 89169Paradise | B 62#2,623 nat | RankedPrimary | 69#3,210 of 20,132 · top 16% | 53#8,519 of 20,132 · top 42% | 4.8%Survey yield |
| 89121Paradise | A 69#705 nat | RankedPrimary | 75#2,133 of 20,132 · top 11% | 46#11,366 of 20,132 · bottom 44% | 5.4%Survey yield |
| 89123Paradise | A 74#135 nat | RankedPrimary | 64#4,427 of 20,132 · top 22% | 61#4,970 of 20,132 · top 25% | 4.7%Survey yield |
| 89109Paradise | D 42#12,396 nat | RankedPrimary | 47#10,800 of 20,132 · bottom 46% | 48#10,438 of 20,132 · bottom 48% | 3.2%Survey yield |
| 89103Spring Valley | A 73#161 nat | Ranked43% overlap | 78#1,570 of 20,132 · top 8% | 69#2,351 of 20,132 · top 12% | 5.7%Survey yield |
| 89118Spring Valley | A 68#930 nat | Ranked28% overlap | 62#4,941 of 20,132 · top 25% | 65#3,712 of 20,132 · top 18% | 4.6%Survey yield |
| 89102Las Vegas | A 67#992 nat | Ranked7.5% overlap | 60#5,714 of 20,132 · top 28% | 84#37 of 20,132 · top 1% | 4.1%Survey yield |
| 89074Henderson | A 70#596 nat | Ranked6.5% overlap | 65#4,118 of 20,132 · top 20% | 58#6,153 of 20,132 · top 31% | 4.9%Survey yield |
| 89183Enterprise | A 75#68 nat | Ranked1.6% overlap | 65#4,135 of 20,132 · top 21% | 63#4,168 of 20,132 · top 21% | 4.9%Survey yield |
Every factor, shown
The Overall score blends three category scores built from thirteen measured factors: Cash Flow (35%), Growth (35%), and Stability (30%). The table shows every factor; the tag on each percentile marks which category a scored factor feeds. Untagged factors are shown for context but not scored. Every value carries its source and as-of date. How the score works.
| Factor | Value | National percentile | Source · as-of | What it means |
|---|---|---|---|---|
| Expense-adjusted yield fallback | 4.3% | - | Census ACS · ACS 5-yr 2019-2023 | Annual rent divided by price, net of a modeled vacancy, tax, capex, and management allowance: the core of the Cash Flow category and what the score is actually computed from. The unadjusted gross yield is shown elsewhere on this page. |
| Price to income fallback | 6.1x | - | Census ACS · ACS 5-yr 2019-2023 | Home price over local median income. Lower is cheaper relative to what people earn. Part of the Cash Flow category. |
| Population growth | not measured | - | derived | Census population trend for the place, capped at 4.5%/yr before scoring (diminishing returns above that rate): the heaviest factor in the Growth category. |
| Job growth | not measured | - | derived | County employment trend, capped at 4.0%/yr before scoring (diminishing returns above that rate). A Growth-category factor. |
| Income growth | 5.1%/yr | - | Census ACS · ACS 5-yr 2019-2023 | Local median-income trend. A Growth-category factor. |
| Rent growth fallback | 7.1%/yr | - | Census ACS · ACS 5-yr 2019-2023 | A 40/60 blend of 3-year and 10-year rent trend (the model's own weighting). A Growth-category factor. |
| Home-value growth fallback | 10.6%/yr | - | Census ACS · ACS 5-yr 2019-2023 | A 40/60 blend of 3-year and 10-year price trend (the model's own weighting). A small Growth-category factor. |
| Unemployment | not measured | - | derived | County unemployment rate. Lower is steadier, a Stability-category factor. |
| Rental vacancy | 18.7% | - | Census ACS B25004 · ACS 5-yr 2019-2023 | Share of rentals empty. Lower means more pricing power. A Stability-category factor. |
| Property tax rate | 0.4% | - | Census ACS B25103/B25077 · ACS 5-yr 2019-2023 | Median tax over median value. A direct drag on cash flow, scored in the Stability category as carrying-cost burden. |
| Months of supply | 5.3 mo | - | Redfin Data Center · 2026-05-01 | Listings over sales pace. Under about 4 is a seller market, over 6 a buyer market. A Stability-category factor. |
| Days on market | 56 days | - | Redfin Data Center · 2026-05-01 | How fast homes sell. Lower means more liquidity and an easier exit. Shown for context, not scored. |
| Sale-to-list ratio | 98.0% | - | Redfin Data Center · 2026-05-01 | Sale price over asking. Above 100% means homes clear over ask. Shown for context, not scored. |
| Net domestic migration | not measured | - | derived | Net people moving in or out of the county, per 1,000 residents. Shown for context, not scored. |
| Building permits | not measured | - | derived | New-construction permits per 1,000 homes. More means more supply coming. Shown for context, not scored. |
| Rent burden | 34% | - | Census ACS B25071 · ACS 5-yr 2019-2023 | Median rent as a share of income. Higher means less headroom for increases. Shown for context, not scored. |
| Median year built | 1987 | - | Census ACS B25035 · ACS 5-yr 2019-2023 | Age of the housing stock. Older stock carries more capex. Shown for context, not scored. |
| Max drawdown | not measured | - | derived | Worst peak-to-trough home-value decline on record. Shown for context, not scored. |
| Violent crime | not reported | - | FBI CDE | No agency reported this place to the FBI. We never impute a crime number; where it is missing, the Stability category renormalizes over its remaining factors. |
- † Job growth and unemployment are county-level (BLS LAUS, county FIPS n/a); large multi-county cities inherit their dominant county’s figures.
- Yield uses ACS median gross rent and home value (Census survey data, 2019–2023 average) because Zillow does not cover this city - not directly comparable to Zillow-based yields.
- Data flag: cashYield: ACS fallback (no Zillow rent+value).
- Data flag: rentGrowth: ACS CAGR fallback.
- Data flag: appreciation: ACS CAGR fallback.
- Data flag: popGrowth: missing (place not in PEP - CDP or unincorporated).
- Data flag: jobGrowth: missing (no county mapping or BLS row).
- Data flag: unemployment: missing.
Related cities
Nearby in the Nevada rankings · all Nevada cities
Compare Paradise head-to-head
Side by side, the three category scores plus every measured column with sources - the same shown math as this page.
Underwrite a Paradise deal
For learning, not advice. A market screen from public data - not a forecast, not underwriting, not a recommendation to buy anywhere.