Rental activity and trends for the Las Vegas Metro area as reported by Zillow Research – October 2024

Renters Gain an Edge as October Slows Beyond Seasonal Expectations.  Concessions hit record high while renter competition hits record low.

Typical Rent:  $1,794  (2.6% increase year over year)

Single Family: $2,203 (3.8% increase year over year)

Multifamily: $1,532 (2.0% change year over year)

Observed Rent Index – Las Vegas

Single Family vs. Multifamily – Las Vegas

Observed Rent Index – United States