Palomino Area, Las Vegas, NV
Palomino Area — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Palomino Area, Las Vegas, Nevada. Explore the cited sources and local facts below while agent underwriting continues.
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Palomino Area Neighborhood Overview
The Palomino Area is a residential neighborhood located in the heart of Las Vegas, Nevada, centered around ZIP code 89101. It offers a central urban living experience with convenient access to the city's major corridors. The community presents a more affordable entry point into the Las Vegas housing market compared to many other valley neighborhoods.
Lifestyle & Amenities
Residents benefit from the area's proximity to downtown Las Vegas and the world-famous Las Vegas Strip. The neighborhood is primarily residential, with local shopping and dining options available along major thoroughfares. Its central location provides relatively quick access to a wide array of entertainment, cultural, and employment centers.
Real Estate Market
The Palomino Area real estate market is characterized by its affordability, with a median home value of $235,000. The median monthly rent is $902, and homes typically spend an average of 44 days on the market. The area has a low homeownership rate of 19%, indicating a market dominated by rental properties and investors.
Schools & Education
The neighborhood is served by the Clark County School District, one of the largest in the nation. Families have access to various public elementary, middle, and high schools in the vicinity. Performance data for specific local schools should be consulted through district resources for the most current information.
Transportation & Connectivity
The area is well-served by major roads like Las Vegas Boulevard and Charleston Boulevard, facilitating easy car travel across the valley. Public transportation options include routes operated by the Regional Transportation Commission of Southern Nevada. Its central positioning offers relatively shorter commutes to downtown and Strip employment hubs compared to outlying suburbs.
Why Choose Palomino Area
The Palomino Area is an ideal choice for budget-conscious buyers and renters seeking a central Las Vegas location. Its low median home value and rent provide significant cost savings, which is reflected in the median household income of $35,029. The neighborhood offers an urban lifestyle with major city amenities just minutes away.
Palomino Area Market Data
| Metric | Value |
|---|---|
| Median Home Price | $235K |
| Median Gross Rent | $902/mo |
| Median Household Income | $35K |
| Homeownership Rate | 19.0% |
| Renter-Occupied | 81.0% |
| Rental Vacancy Rate | 2.4% |
| Market Type | Seller's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 89101 |
Top Real Estate Agents in Palomino Area, Las Vegas
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Palomino Area, Las Vegas, NV. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Nevada Real Estate Division (NRED) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-13