Resources for Landlords and Real Estate Investors

May 2025 Rental Market Update – Las Vegas

Rental activity and trends for the Las Vegas Metro area as reported by Zillow Research – May 2025

“Competition for rentals cooled off faster than usual in May giving prospective renters more negotiating power. “

Typical Rent:  $1,822  (1.1% increase year over year)

Single Family: $2,260 (1.9% increase year over year)

Multifamily: $1,579 (0.6% change year over year)

Observed Rent Index – Las Vegas

Single Family vs. Multifamily – Las Vegas

Observed Rent Index – United States