LAS VEGAS, NV – Southern Nevada’s rental market slowed in August, with fewer properties leased and fewer new rental listings than during the previous month, while the average price of completed leases increased sharply. According to newly released data from the Las Vegas REALTORS® residential rental market, 1,889 residential rental units were leased during August, down 14.1 percent from July and 9.8 percent from one year ago. The median price of residential rental units leased in Southern Nevada was $2,045 per month, down from $2,100 in July but up from $2,000 one year ago. That represents a 2.6 percent monthly…
LAS VEGAS, NV – Southern Nevada’s rental market remained active in July, with more properties leased, a sharp increase in new rental listings and a modest increase in the median price of completed leases. According to newly released data from the Las Vegas REALTORS® residential rental market, 2,199 residential rental units were leased during July, up 3.5 percent from June and 6.6 percent from one year ago. The median price of residential rental units leased in Southern Nevada increased to $2,100 per month, up from $2,050 in June and $2,095 one year ago. That represents a 2.4 percent monthly increase…
LAS VEGAS, NV – Southern Nevada’s rental market produced one of its more unusual monthly reports in June, as average lease prices climbed sharply while the median rent remained unchanged. According to newly released data from the Las Vegas REALTORS® Multiple Listing Service (MLS), the average price of residential rental units leased in Southern Nevada reached approximately $2,742 per month, representing a 17.1 percent increase from the prior month and a 21.7 percent increase compared to one year ago. The median leased rental price, however, remained unchanged at $2,050 per month. That gap between the average and median suggests that…
LAS VEGAS, NV – The latest rental market figures for June 2026 show that rental pricing across the Las Vegas Valley continued to move higher during May, even as leasing activity remained relatively steady and the number of new rental listings declined slightly. According to newly released data from Las Vegas REALTORS® MLS, the average price of residential rental units leased in Southern Nevada reached approximately $2,341 per month in May 2026, representing a 2.5 percent increase from the previous month and a 3.5 percent increase compared to one year ago. Meanwhile, the median price of leased residential rental units…
LAS VEGAS, NV – The latest rental market figures for May 2026 show that the Las Vegas Valley rental market remains active, with average lease pricing moving higher even as renters continue to gain additional choices throughout Southern Nevada. According to newly released data from Las Vegas REALTORS®, the average price of residential rental units leased in Southern Nevada reached approximately $2,284 per month in April 2026, representing a 7.5 percent increase from the prior month and a 3.2 percent increase compared to one year ago. Meanwhile, the number of residential rental units leased declined modestly month-over-month to approximately 2,111…
LAS VEGAS, NV – The latest rental market figures for April 2026 show a market that remains active across the Las Vegas Valley, even as pricing continues to soften slightly. According to new data from the Las Vegas REALTORS® Multiple Listing Service (MLS), the average rent for residential units leased in Southern Nevada came in at approximately$2,125 per month in March, representing a 1.9 percent decrease from the prior month and a 4.0 percent decline compared to one year ago. Meanwhile, Zumper’s latest data places the median rent across all bedroom counts and property types in Las Vegas at $1,810…
LAS VEGAS, NV – The latest rental market figures for March 2026 show that rents across the Las Vegas Valley are holding relatively steady as the spring leasing season begins. According to Zillow, the average rent for all bedrooms and all property types in Las Vegas currently stands at about $1,935 per month, representing an increase of roughly $40 month-over-month, though it remains about $60 lower than a year ago. Meanwhile, Zumper’s latest data places the median rent across all bedroom counts and property types at $1,802 per month, approximately 3 percent lower year-over-year and about $98 below the national…
LAS VEGAS, NV – The latest rental market figures for February 2026 show relatively steady conditions in the Las Vegas Valley after a modest winter uptick. According to Zillow, the average rent for all bedrooms and all property types now sits at approximately $1,940 per month, roughly $25 higher month-over-month but still about $60 below year-ago levels. Meanwhile, Zumper’s median rent across all bedroom counts remains near $1,795 per month, reflecting a market that is broadly stable with only modest movement in the last 30 days. What the February numbers show Taken together, these indicators suggest that Las Vegas rental…
LAS VEGAS, NV – The latest rental market figures for January 2026 point to a modest bounce in advertised rents across the Las Vegas Valley after several months of softening through late 2025. According to Zillow, the average rent for all bedrooms and all property types now stands at $1,940 per month, up $29 month-over-month but still $60 lower year-over-year as of January 1, 2026. Zumper, which tracks median rent across all bedroom counts and property types, reports the citywide median at $1,795 per month, a 1 percent decrease compared to last year and about $105 below the national median, reinforcing Las Vegas’ position as a comparatively affordable large…
LAS VEGAS, NV – The latest rental market figures for December 2025 show continued softening across the Las Vegas Valley. According to Zillow, the average rent for all bedrooms and all property types now stands at $1,912 per month, reflecting a $13 decrease since November and an $88 drop compared to this time last year (Data last updated December 6, 2025). Zumper, which tracks median rent across all unit types, reports the citywide median at $1,795 per month as of early December. Together, these indicators suggest that rental prices are easing slightly at the start of winter, a period traditionally…
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…
LAS VEGAS, NV – The latest rental market snapshot shows continued softening in early October 2025. Zillow now reports the average rent (all bedrooms, all property types) across Las Vegas at $1,950 per month, a $37 month-over-month dip and $50 lower year-over-year (last updated Oct 4, 2025). In contrast, Zumper lists the citywide median rent (all unit types) at $1,809 for October 2025. Breaking It Down: House vs. Apartment Costs For homeowners weighing the rental potential of a detached single-family home, Zumper’s property-type split shows houses average about $2,195/month in Las Vegas, while apartments average about $1,299/month (page updated for October).…
