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 was closer to 1 in 6. The shift reflects a market where supply has outpaced demand.”

Typical Rent:  $1,734 (-0.1% change year over year)

Single Family: $2,246 (1.3% change year over year)

Multifamily: $1,523 (-0.9% change year over year)

Observed Rent Index – Las Vegas

Rental Demand – Las Vegas

Single Family vs. Multifamily – Las Vegas

Affordability – Las Vegas

Observed Rent Index – United States