Las Vegas Rental Market Statistics.
What are the rental vacancy rates in Las Vegas? What is the median rent in Las Vegas? How many people live in Las Vegas? What are the percentage of renters in Las Vegas? See chart below.
| Las Vegas Area | US | |
|---|---|---|
| Population | 1.9 million | 380 million |
| Percentage of renters | 43.12% | 34.0% |
| Rental vacancy rate | 12.15% | 8.4% |
| Median house price | $137,300 | $185,400 |
| Median income | $44,069 | $51,425 |
| Median rent | $1,034 | $817 |
To rent your investment property quickly it is important to price the home or condo at fair market value. This is done by contacting a local Realtor® and having rental comps prepared. In addition, it’s important to advertise the property correctly. In the digital age you must be using online services like the local MLS, Zillow, Redfin, Trulia, Craigslist, Hotpads and many other online rental sources. Do you need help with marketing your property? Or are you curious about targeted rental comps and/ or finding a tenant for your property? Contact Rice Real Estate’s property management division at 702-574-1567 and read below for for more information.
Rice Real Estate’s property management division provides management services that include maintenance and repairs, renovation services, rent collection and leasing for residential properties in the Greater Las Vegas area. We give owners online access to their financial data and let them run reports on demand. Tenants can pay rent online which means no snail mail delays or late rent excuses. On time rent payments = less headache for you! By giving owners and tenants 24 x 7 online access to statements and reports, we’re continually providing transparent property management services in Las Vegas. We price rental properties right from the start and on average get them rented in 2-3 weeks. Call us today: 702.574.1567 and ask to speak with Heidi.
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