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First-time home buyer programs in Las Vegas, NV

Quick answer

First-time buyers in Las Vegas, NV can use 3%-down conventional loans (up to the $832,750 Clark County conforming limit), 3.5%-down FHA, or VA and USDA where eligible. On the $395,300 median home, 3% down is about $11,859 and the estimated payment is $3,002/month at 7.18%.

By Purchase Mortgage Loan Editorial Team Checked against official sources per our editorial standardsData last updated

Median household income: $70,723; value-to-income ratio 5.59. Las Vegas ranks 13 by home value and 1 by population among 24 places in our NV dataset.

What does a first-time buyer loan cost on a typical Las Vegas home?

ItemLas Vegas
Median home value (Census ACS)$395,300
Nevada median home value$406,100
Down payment (3%)$11,859
Loan amount$383,441
Estimated monthly payment (PITI + MI)$3,002
Income needed (28% / 36%)$129,000 / $101,000
Clark County 2026 conforming limit (1 unit)$832,750
Max purchase price at the limit$858,000

Rate assumption: 7.18% (Freddie Mac PMMS 30-year fixed average, week of November 5, 2026). Change it in the payment calculator.

Payment includes Nevada's 0.48% effective property tax rate (Census ACS), $1,013/yr homeowners insurance (NAIC state average) and an estimated 0.5% PMI.

What is the 2026 conforming loan limit in Las Vegas?

Las Vegas is in Clark County. Conventional 3%-down loans go up to the $832,750 conforming limit (price ≈ $858,000); FHA loans go up to $541,287.

The Las Vegas median home value of $395,300 is 3% below the Nevada median, and within what the county limit supports.

Which down payment assistance programs can Las Vegas buyers use?

No applicable programs have been verified for this city yet. Check the state housing finance agency for current assistance.

First-time buyer loans in nearby cities

Summerlin SouthSpring ValleyWinchesterNorth Las VegasParadiseSunrise Manor

First-time buyer loan FAQs for Las Vegas

On the $395,300 median: 3% conventional ≈ $11,859, 3.5% FHA ≈ $13,836, and 0% for eligible VA or USDA buyers. Conventional loans above $832,750 in Clark County become jumbo loans.

At the $395,300 median value (close to the Nevada median of $406,100), the estimated payment of $3,002/month at 7.18% needs about $129,000 a year under the 28% housing guideline, or $101,000 if your total debts stay under 36%.

0 city-level, 0 county-level and 0 statewide programs are verified for this city (0 total). Check each official administrator's eligibility rules and available funds.

Sources

Data last updated October 23, 2026.

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Figures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.