Side-by-side comparison of home prices, mortgage payments, and housing costs between Henderson and Las Vegas, Nevada. Using Nevada's 0.53% property tax rate and $1,700/year insurance. Updated for 2026.
Las Vegas edges out Henderson in affordability, saving you roughly $326/month on total housing costs. Both cities are in Nevada, so property tax rates and insurance costs are the same — the difference comes down to home prices and what you get for your money in each market.
Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI. Uses Nevada's 0.53% property tax rate.
Buying in Las Vegas saves you approximately $326/month ($3,912/year) compared to Henderson, based on median home prices with identical loan terms.
Las Vegas is the better choice for first-time buyers, with a median price of $425K versus $475K in Henderson. That's $50K less to save for a down payment. You'd need roughly $15K for an FHA 3.5% down payment in Las Vegas, compared to $17K in Henderson. Nevada offers the Home Is Possible DPA program (Up to 5% forgivable grant) which applies in both cities.
Las Vegas has the better price-to-rent ratio at 22.8x versus 23.0x in Henderson. A lower ratio generally signals better rental income relative to purchase price. Average rent in Las Vegas is $1,550/month on a $425K median home, making it a stronger candidate for buy-and-rent investors.
Las Vegas (pop. 641,903) offers more amenities, schools, and services typical of a larger city, while Henderson (pop. 320,189) may offer a quieter, more community-oriented lifestyle. Las Vegas offers both more options and lower housing costs, making it attractive for families who want urban amenities without a premium price.