Rental activity and trends for the Las Vegas Metro area as reported by Zillow Research “39.8% of rentals on Zillow offered concessions this spring — up 5 percentage points from a year ago, according to a new Zillow analysis.“ “A year ago, roughly 1 in 3 rental listings offered a concession. Before the pandemic, it …
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Rental activity and trends for the Las Vegas Metro area as reported by Zillow Research “Affordability is beginning to recover and move closer to historical norms. The share of income the median household spends on typical rent has eased to 26.5%, down slightly from a year ago and nearing the pre-pandemic level of 25.8%.“ Typical …
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Rental activity and trends for the Las Vegas Metro area as reported by Zillow Research “Renters are gaining leverage as new supply comes online, and that dynamic is expected to continue.“ “As apartment construction expands and more single-family homes enter the rental market, property managers are increasingly competing on price and incentives.” Typical Rent: $1,720 …
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Rental activity and trends for the Las Vegas Metro area as reported by Zillow Research “Affordability is improving, with the typical renter now spending 26.4% of income on rent — the lowest share since August 2021.“ “Zillow forecasts single-family rents to rise 1.8% in 2026, while multifamily rents remain relatively flat (0.6%) as elevated vacancies …
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Rental activity and trends for the Las Vegas Metro area as reported by Zillow Research “Since the start of the pandemic, single-family rents have risen 43.6%, far outpacing the 26.7% increase in apartment rents over that same period. This is consistent with a relatively higher supply of apartments when compared to single-family rental units.“ “Renters …
Continue reading “Las Vegas Rental Market Update – December 2025”
Rental activity and trends for the Las Vegas Metro area as reported by Zillow Research – November 2025 “Over the past year, the rental market has moved firmly in favor of renters.“ “Deals remain common: Nearly two in every five listings included a concession, illustrating the bargaining power that renters have in today’s market.” Typical …
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Rental activity and trends for the Las Vegas Metro area as reported by Zillow Research – October 2025 “Nationally, the median household income is estimated to have increased 4% from last year, while the typical asking rent increased just 2.3%.“ “While affordability has made strides this year, affordability remains a greater challenge for renters today …
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Rental activity and trends for the Las Vegas Metro area as reported by Zillow Research – September 2025 “Construction catches up with demand, giving renters an affordability break“ “Landlords are offering concessions on 37.3% of rentals on Zillow, a record high for September.” Typical Rent: $1,754 (0.2% change year over year) Single Family: $2,225 (1.0% …
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Rental activity and trends for the Las Vegas Metro area as reported by Zillow Research – August 2025 “A soft labor market with low hiring rates and job-to-job mobility is another likely culprit for slower-than-expected rental demand for this time of year. “ “The silver lining for property managers is that rental demand is generally more …
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Rental activity and trends for the Las Vegas Metro area as reported by Zillow Research – July 2025 “The number of large metro areas with annual rent declines or no growth nearly doubled from June. Year-over-year rents fell in Phoenix, San Antonio, Denver and Austin; annual rent growth is roughly flat in Dallas, Las Vegas and Orlando. “ “While increases in …
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