Rental activity and trends for the Las Vegas Metro area as reported by Zillow Research – November 2024
The share of rental listings on Zillow offering a concession set a new record at 38.6% in November — the highest share in Zillow data beginning in April 2019. However, the increase from the prior month was only 0.9 percentage points, the smallest since July.
Typical Rent: $1,778 (2.3% increase year over year)
Single Family: $2,182 (3.9% increase year over year)
Multifamily: $1,519 (1.4% change year over year)
Observed Rent Index – Las Vegas
Single Family vs. Multifamily – Las Vegas
Observed Rent Index – United States
