Henderson, NV

Watermark Apartments: Renters Insurance Guide & What It Actually Costs

Last updated May 09, 2026

Looking for the best renters insurance for Watermark Apartments in Henderson? We break down what the lease requires, what coverage actually costs here (~$12/mo), the 5 discounts that may apply, and how the major carriers compare for your zip.

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Renters Insurance at Watermark Apartments

What Affects Your Premium Here

Every building is different. These factors specific to Watermark Apartments can push your insurance cost up or down:

Controlled Access

Electronic/key fob entry — reduces unauthorized entry risk

FEMA Flood Zone

Zone X — minimal flood risk

FBI UCR

Property crime rate: 1546/100K (near national average)

What You'll Likely Pay

$12

Est. Monthly

$144

Est. Annual

$15

State Avg/mo

How Much Coverage Makes Sense

Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for Watermark Apartments based on the rent level and building features.

Personal Property

What your stuff is worth

$30,000 recommended

If you own less

$20,000

If you own more

$50,000

Liability

Covers accidental harm & lawsuits

$300,000 recommended

Pool on premises — higher liability recommended for accidents at shared amenities

How Carriers Compare for This Area

Not all carriers price the same zip code equally. Here's how the major options stack up near Watermark Apartments:

Carrier Monthly Annual
Lemonade $8/mo $94/yr
USAA $9/mo $106/yr
State Farm $12/mo $142/yr
Progressive $13/mo $153/yr
Safeco $13/mo $153/yr
Travelers $14/mo $165/yr
Allstate $15/mo $177/yr
Nationwide $15/mo $177/yr
Farmers $16/mo $189/yr
Liberty Mutual $18/mo $213/yr

Discounts You May Qualify For

Controlled access
-3%
Claims-free (if applicable)
-10%
Pay-in-full annual
-7%
Paperless/autopay
-3%
Multi-policy bundle
-10%

Next Step

See if you can beat $12/mo

5 discounts may apply here. Real quotes show your actual price — estimates can't.

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Property Crime & Theft Risk

Renters insurance pricing is driven by property crime — theft, burglary, and vehicle break-ins — not violent crime. Here's what the FBI's Uniform Crime Reporting data shows for Henderson.

Henderson property crime rate

1,546

per 100K residents

Near U.S. average

U.S. avg is 1,578 per 100K

Breakdown per 100K residents

Burglary
213 / 200
Larceny / theft
1,051 / 1,172
Vehicle theft
282 / 206

U.S. average

Near-average property crime means insurance premiums in Henderson track closely with national baselines. Watermark Apartments also has on-site security features (Controlled access, Concierge, Doorman) that insurers recognize with discounts.

Source: FBI UCR Program, Henderson (2024-12 to 2025-11)

What Residents Are Saying

Based on Google reviews, here are the issues residents mention most often — and the ones that matter when choosing your coverage. Longer bars indicate more frequent discussion.

Maintenance Issues Common topic
Water Damage Mentioned
Fire Mentioned
Noise Mentioned
Slip/Fall Hazards Mentioned
Water Intrusion (pipes, sewage) Mentioned

On-Site Security

Controlled access Concierge Doorman

Natural Hazards & Your Renters Coverage

From a renters-insurance angle, Watermark Apartments doesn't have unusual exposure to the natural hazards that a standard policy excludes — flood risk is low and significant earthquakes are rare here. What renters in Clark County are likely to actually claim against, on the other hand, is severe weather: NOAA records around 15 severe weather events a year locally. Wind, hail, and storm damage to your possessions are all covered by a baseline policy.

Flood damage

FEMA's flood-zone classification for this address is low-risk, which means the federal government doesn't expect significant flooding here under typical conditions. A standard renters policy still excludes flood damage, but a separate flood policy is hard to justify economically when the underlying risk is low. The zone label is below for the record.

FEMA Zone X (minimal flood hazard) — Minimal flood risk

Flood insurance optional but inexpensive in this zone.

Flood zone data from FEMA National Flood Hazard Layer (NFHL). Zones can change — verify at FEMA Flood Map Service.

Severe weather you'd actually claim for

NOAA's records put Clark County squarely in severe-weather territory: roughly 15 severe-weather events a year on average over the past five years. Unlike flood and earthquake, this is the kind of damage a standard renters policy is built for — wind, hail, lightning, and storm-driven water from a damaged roof are all covered. The historical breakdown is below.

High-wind events ~15.2/yr
Hail events ~2.4/yr
Flood events ~14.8/yr

Severe-weather damage to personal belongings is covered without an endorsement on every standard renters policy. The frequency above is part of why carrying the coverage matters here, not a reason to add anything extra.

Source: NOAA Storm Events Database, annual averages from the past five years for Clark County. Counts reflect reported events, not damage amounts.

The bottom line: a standard renters policy at this address is sufficient. None of the optional natural-hazard endorsements pay back at meaningful odds.

215-219 S Water St, Henderson, NV 89015

Downtown Henderson

Managed by Next Wave Property Management, LLC Built 2025 7 stories 151 units
4.3/5 ·61 reviews Google
1 review Apt. Finder
$1,360 – $3,700 /month

Monthly Cost Breakdown at Watermark Apartments

The listed rent isn't the whole number. Here's what Watermark Apartments actually costs each month once you add required fees and insurance.

Total Monthly Cost $1,372 – $3,712
Base Rent $1,360 – $3,700
Est. Renters Insurance $12/mo

Fees Beyond Rent

These are the additional charges beyond base rent at Watermark Apartments. Some are monthly, some are one-time — all of them affect your actual cost of living here.

Required Fees

Rent

Charged per unit.

Included

Admin

Charged per unit.

$350

Application Fee

Charged per applicant.

$50

Administrative Fee

Charged per unit.

$350

Security Deposit

Charged per unit.

$600

Pets Fees

One-Time Pet Fee

Max of 1. Charged per pet.

$350

Monthly Pet Fee

Max of 1. Charged per pet.

$35 / mo

Optional Add-On Fees

NSF

Charged per unit.

$50

Untimely Move Out Notice

Not giving proper move out notice Charged per unit.

Varies

Situational Fees

MTM Fee

Charged per unit.

$200

Pet Policy

Bringing a pet? Here's what Watermark Apartments allows. Standard renters insurance typically covers pet-related incidents, so you usually won't need any add-on coverage for a cat.

Cats Allowed
$35 Monthly Pet Rent
$350 Fee
40 lb Weight Limit
1 Pet Limit

About Watermark Apartments

Year Built: 2025
Stories: 7 stories
Units: 151
Management: Next Wave Property Management, LLC
Phone: (725) 502-1898

From the property listing:

The Watermark, our premier mid-rise community offers masterfully designed apartments, an impressive suite of high-end amenities, and unmatched resident services that allow you to be your truest self. Work up a sweat in our 24/7 fitness and yoga studios; unwind at the end of your day at our high-rise pool, terrace, and lounge; or take in the city with unobstructed views of the world-famous Las Vegas Strip.

Frequently Asked Questions

Does Watermark Apartments require renters insurance?
We didn't find a public insurance requirement for Watermark Apartments, but that doesn't mean there isn't one. Many communities add the requirement during lease signing. It's worth asking the leasing office directly — and even if it's not required, a policy typically runs under $20/month and covers you against theft, fire, and liability.
How much is renters insurance at Watermark Apartments?
For this zip code and building type, expect to pay around $12/month ($144/year). For context, the statewide average is $15/month, so this building is below average.
What will I actually pay per month at Watermark Apartments?
Plan for $1,372 to $3,712/month all-in. That's base rent ($1,360 – $3,700), plus roughly $12/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
Does Watermark Apartments allow pets?
Yes, Watermark Apartments is pet-friendly. Here are the details: Cats Allowed. $35 Monthly Pet Rent. $350 – $350 Fee. 40 lb Weight Limit. 1 Pet Limit. Standard renters insurance covers pet-related liability at no extra cost.
How safe is the area around Watermark Apartments?
Property crime in Henderson sits near the national average — 1,546 per 100,000 residents versus 1,578 nationwide. That's the metric insurance carriers care about most for renters coverage, since property crime (theft, burglary, vehicle break-ins) drives most claims. Burglary specifically is 213/100K here. On the property itself, you'll find controlled access, concierge, doorman — features that can qualify for premium discounts.
What floor plans does Watermark Apartments offer?
There are 6 floor plans to choose from, spanning 1-bedroom, 2-bedroom, 3-bedroom, studio layouts. Rent ranges from $1,360 – $3,700. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.
Is SafeButler affiliated with Watermark Apartments?
No. SafeButler is not affiliated with Watermark Apartments or its leasing office, property management, or owner — this page is not the official renters insurance page from Watermark Apartments. SafeButler is an independent renters insurance comparison platform; the information shown here is compiled from public sources and renter quote data, not from Watermark Apartments directly. For lease, payment, or maintenance questions, contact the Watermark Apartments leasing office.
What is SafeButler and how does it work for Watermark Apartments renters?
SafeButler helps renters at Watermark Apartments compare renters insurance options for their lease. On this page, renters can find lease-required coverage minimums where available, an estimated monthly premium for this address, the property's risk profile (crime and flood zone), and any discounts that apply to the building — then compare carriers side by side to find appropriate coverage levels. For renters at Watermark Apartments in Henderson, NV, SafeButler can compare price, coverage, deductible options, and any lease-required coverage minimums in a single flow. SafeButler may show quotes from carriers such as Lemonade and Liberty Mutual where available. SafeButler does not sell insurance directly and is not tied to one insurance company, so renters can choose the option that best fits their needs.

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Disclaimer

The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.

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