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Monthly Las Vegas Rental Report: How Much Can Homeowners Expect for Rent? (November)

Homebuyers

Monthly Las Vegas Rental Report: How Much Can Homeowners Expect for Rent? (November)

LAS VEGAS, NV – The latest rental market snapshot shows further softening as of early November 2025. Zillow now reports the average rent for all bedrooms and all property types across Las Vegas at $1,923 per month, a $27 month-over-month decrease and $77 lower year-over-year (last updated Nov 6, 2025). Meanwhile, Zumper lists the median rent across all unit types at $1,800 per month (last updated Nov 8, 2025).

Breaking It Down: House vs. Apartment Costs

For homeowners weighing the rental potential of a single-family residence, Zumper’s property-type view shows houses averaging about $2,175 per month, while apartments average about $1,275 per month in Las Vegas (rolling 30-day window, updated daily).

By Bedroom (Latest Available — citywide medians)

What This Means for Homeowners

MetricSnapshot
Market TrendAverage asking rents eased again in November ($1,923, –$27 MoM; –$77 YoY).
Single-Family WinsDetached homes continue to command a premium (~$2,175 vs. apartments ~$1,275).
Size MattersCity medians scale with bedrooms (e.g., 4-beds ≈ $2,645 vs. 2-beds ≈ $1,450).
Competitive EdgeWith averages drifting down, condition, presentation, and flexible terms help preserve premium outcomes.

(Based on Data Provided)

Insights & Action Steps

  • Lean into the detached premium. If you’re listing a standalone home, emphasize space, privacy, parking, and family-friendly features to justify house-level pricing (~$2,175).
  • Price by size & finish, not just averages. Use the bedroom medians as anchors (e.g., 2-bed $1,450, 3-bed $1,960, 4-bed $2,645) and adjust for upgrades, yard, schools, and location.
  • Compete smart in a cooling market. With Zillow’s average slipping to $1,923, professional photos, light refreshes (paint/fixtures), and prompt communication can trim days-to-lease.

Las Vegas remains a distinct rental market shaped by migration, new supply, and seasonality. Averages are a starting point-your property’s true rent depends on neighborhood, condition, amenities, and timing. A free local rental analysis can dial in a price that attracts quality tenants while maximizing monthly income.

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Shelter Realty Property Management specializes in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

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