GITNUX MARKETDATA REPORT 2024

Statistics About The Average Rent Las Vegas

The average rent in Las Vegas is approximately $1,300 per month.

In this post, we will explore a comprehensive overview of the average rent in Las Vegas, shedding light on different neighborhoods, property types, and rental trends. From the bustling downtown area to the serene suburbs, we will analyze key statistics to provide valuable insights for residents and potential renters in the vibrant city of Las Vegas.

Statistic 1

"The average rent in downtown Las Vegas is $1,400 per month."

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Statistic 2

"The rent in Las Vegas suburbs averages 10% lower than the city center."

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Statistic 3

"Over 45% of Las Vegas residents are renters."

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Statistic 4

"Las Vegas rents are currently 15% higher than the national average."

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Statistic 5

"The highest average rent in Las Vegas is found in the Arts District, at $1,800 per month."

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Statistic 6

"The average lease term for rentals in Las Vegas is 13 months."

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Statistic 7

"The average rent for a three-bedroom house in Las Vegas is $1,750 per month."

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Statistic 8

"The average rent in North Las Vegas is $1,200 per month."

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Statistic 9

"Newly constructed apartments in Las Vegas have an average rent of $1,900 per month."

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Statistic 10

"The vacancy rate for rental properties in Las Vegas is 4.5%."

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Statistic 11

"The average rent for a studio apartment in Las Vegas is $1,000 per month."

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Statistic 12

"The median rent for a two-bedroom apartment in Las Vegas is $1,300 per month."

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Statistic 13

"The rent in Las Vegas increased by 5% over the past year."

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Statistic 14

"In the Summerlin area of Las Vegas, the average rent is $1,600 per month."

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Statistic 15

"The average rent for a luxury apartment in Las Vegas is $2,500 per month."

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Statistic 16

"Average rent in Las Vegas has grown by 12% over the past five years."

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Statistic 17

"Senior living apartments in Las Vegas have an average rent of $1,400 per month."

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Statistic 18

"The average rent in Las Vegas for pet-friendly apartments is $1,350 per month."

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Statistic 19

"The average rent for a one-bedroom apartment in Las Vegas is $1,150 per month."

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Statistic 20

"The average rent for furnished apartments in Las Vegas is $1,600 per month."

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In conclusion, the rental market in Las Vegas is diverse, with varying average rents depending on factors such as location, property type, and amenities. Despite the city experiencing a 5% increase in rent over the past year, Las Vegas rentals remain relatively affordable, with the suburbs offering lower average rents compared to the city center. The data also highlights a growing trend in the rental market, with average rents in Las Vegas steadily increasing over the past five years. Overall, the statistics suggest that Las Vegas offers a range of rental options to suit different preferences and budgets, making it a competitive and dynamic rental market for residents and investors alike.

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