Las Vegas Rental Statistics by Area - and Area Map 07/2008

By
Real Estate Agent with Silver State Realty & Investments

Now that investors are back in the market buying homes to hold and rent, I've been getting quite a few questions about the current state of our rental market here in Las Vegas, North Las Vegas, and Henderson.

The goal of many of the investors are to get the best possible cap rate now, while acquiring the most promising properties for future gains, through long term appreciation.  Therefore, I will do everything I can to provide the information and the tools for those clients to make their own educated decisions and predictions.   

The following rental statistics are all median values on single family detached homes and patio homes leased within the last 12 months.  They are between 1400 to 2800 square feet, built after 1996, without pools and without furniture.  Age restricted communities have not been included in these stats.

Area Square Feet Rented Price RP/SqFt Days on Market Listings Rented
           
101 1575 $1,195.00 $0.68 48 23
102 1894 $1,300.00 $0.70 26 367
103 1848 $1,250.00 $0.68 31 881
201,202,203 1602 $1,150.00 $0.69 40 65
204 1672 $1,200.00 $0.71 37 202
303 1737 $1,300.00 $0.77 24 428
402,403 1754 $1,295.00 $0.72 22 34
404 1845 $1,450.00 $0.79 23 324
405 1790 $1,275.00 $0.71 32 426
502 1878 $1,400.00 $0.78 23 265
503 1719 $1,300.00 $0.73 22 233
504 1812 $1,295.00 $0.72 26 514
505 1884 $1,300.00 $0.71 27 443
601,602 1765 $1,395.00 $0.79 19 90
603,604 1830 $1,325.00 $0.74 34 72
605 1780 $1,350.00 $0.77 25 109
606 1940 $1,500.00 $0.80 26 345

** GLVAR Deems Information Reliable, But Not Guaranteed **

Las Vegas Area Map

Search for homesWhat's my home worth?contact a real estate agent

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Nevada Clark County Las Vegas
Tags:
las vegas
rental
investor
stats

Spam prevention
Show All Comments
Rainer
164,989
Chris Miller Nevada Land with Water Rights
Vegas Grand Realty and Property Management - Mesquite, NV
Land with Water Rights For Sale

VERY NICE report Damon good job!

Jul 15, 2008 05:48 PM #1
Rainmaker
126,697
Damon Botticelli
Silver State Realty & Investments - Las Vegas, NV
Realtor - Las Vegas Real Estate

Thanks, Chris

Jul 16, 2008 09:24 AM #2
Anonymous
Brian hauff
Interested in rental and luxury bank owned property's--Tyrone Hauff referred me.
Jul 14, 2009 09:33 AM #3
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
126,697

Damon Botticelli

Realtor - Las Vegas Real Estate
Ask me a question
*
*
*
*
Spam prevention

Additional Information