Updated 1 Hour Ago
Location
5355 S Rainbow Blvd, Las Vegas, NV 89118, USA
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Managed by
Management
Olen Properties Corp
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Property Overview
Spanish Wells presents as a strong rental option with an 8.3 Zumper expert rating, driven by standout scores for price, amenities, and location, along with solid trustworthiness. It also offers practical advantages such as nearby schools and grocery access, 11 photos, and on-site and nearby social spaces that support an active, walkable lifestyle.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Middle school nearby
- Grocery store nearby
Great for
Social life
Floor plans
| Calypso | 1 bed | 1 bath | 814 sqft | $1,345–$1,671 /mo | 2 units available | 1 Bedroom, 1 Bath (1A) | |
| Dorian | 2 bed | 2 bath | 1,115 sqft | $1,569–$1,899 /mo | 5 units available | 2 Bedroom, 2 Bath (2A) |
Let's explore this property.
Amenities for Spanish Wells
Apartment Amenities
| Espresso Cabinets | Stainless Steel Appliances |
Building
| Clubhouse | Fitness Center |
| Residents Lounge |
Grounds
| Outdoor Space | Swimming Pool |
| Tennis Courts |
Services
| 2nd Floor |
Neighborhood
| Bark Park |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About Spanish Wells
- 1 Bedroom, 1 Bath (1A)- 2 Bedroom, 2 Bath (2A)
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Spanish Wells is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Spanish Wells has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Spanish Wells stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Spanish Wells goes above and beyond to provide sought-after conveniences and desirable perks, including 2nd floor. Renters looking for popular or luxurious features will find them here—and for that reason, Spanish Wells receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Spanish Wells is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Spanish Wells does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Spanish Wells provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Spanish Wells is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Spanish Wells compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.4 miles away
- Middle school nearby
- There is a middle school 0.3 miles away
- Grocery store nearby
- Only 0.9 miles from the nearest store
- Fitness center
- The gym is just a few steps away
- Images Available
- There are at least 10 photos of this property
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.5 miles away
- No in-unit dishwasher
- Dishwashers aren't available
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Rent trends in Las Vegas
1-bedroom apartments here are priced 17% higher than 1-bedrooms in Las Vegas.
If you decide to upgrade your space, you can expect 2-bedrooms at Spanish Wells to be 12% more than the average for similarly sized apartments in Las Vegas.
Median rents as of Oct 10 2026.
Las Vegas
| Month | Median Rent |
|---|---|
| October 2024 | $969 |
| November 2024 | $916 |
| December 2024 | $899 |
| January 2025 | $896 |
| February 2025 | $952 |
| March 2025 | $979 |
| April 2025 | $985 |
| May 2025 | $1,001 |
| June 2025 | $999 |
| July 2025 | $1,018 |
| August 2025 | $993 |
| September 2025 | $992 |
| October 2025 | $1,016 |
| November 2025 | $959 |
| December 2025 | $908 |
| January 2026 | $990 |
| February 2026 | $1,015 |
| March 2026 | $996 |
| April 2026 | $947 |
| May 2026 | $929 |
| June 2026 | $914 |
| July 2026 | $913 |
| August 2026 | $933 |
| September 2026 | $946 |
| October 2026 | $949 |
Affordability calculator
Can I afford to live at 5355 S Rainbow Blvd?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$53,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $53,800 annually to afford this 1-bedroom monthly rent price of $1,345.
For more information on rent affordability, visit our rent calculator.
Schools near Spanish Wells
Marion B. Earl Elementary School
6650 w reno ave
las vegas, NV, 89118
PK, K-5Public
C+
Acelero Learning - Spring Valley Learning Center
2845 mohawk st
las vegas, NV, 89146
PKPublic
Sandra B Abston Elementary School
9950 w tompkins ave
las vegas, NV, 89147
PK, K-5Public
B
Dr. Beverly S. Mathis Elementary School
7950 arville st
las vegas, NV, 89139
PK, K-5Public
B
Shelley Berkley Elementary School
9850 copper edge rd
las vegas, NV, 89148
PK, K-5Public
B
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Internet available near Spanish Wells
Getting around Las Vegas near 5355 S Rainbow Blvd
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 5355 S Rainbow Blvd, Las Vegas
Groceries
2/10
No grocery stores within walking distance
Shopping
5/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
4/10
Limited amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
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