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

While most metros are seeing rent growth, landlords are increasingly offering concessions to attract renters, with more than 41% of Zillow rental listings featuring incentives in January — a record high in Zillow data.

Typical Rent:  $1,761  (2.3% increase year over year)

Single Family: $2,186 (3.5% increase year over year)

Multifamily: $1,521 (1.3% change year over year)

Observed Rent Index – Las Vegas

Single Family vs. Multifamily – Las Vegas

Observed Rent Index – United States