Las Vegas NV Area Rental Home Market Report September 2012 (includes Henderson & North Las Vegas)

By
Services for Real Estate Pros with Savvy Home Pix B.1000860.LLC

Las Vegas Homes for Rent

Las Vegas Homes for Rent

Renters are becoming buyers finally as resale purchase prices drop and economic conditions in the valley are preventing high numbers of new incoming residents to move here. This has softened rental prices slightly as many investors are buying all cash in the market currently and then renting. More homes available for rent (higher supply) and less renters (lower demand.)

Units Leased:

  • September 2012:  2626
  • August 2012:  3409
  • July 2012:  2912
  • June 2012:  3007
  • May 2012:  2880
  • April 2012:  2590
  • March 2012:  3031
  • February 2012:  2835
  • January 2012:  2471
  • December 2011:  2114
  • November 2011:  2290
  • October 2011:  2399
  • September 2011: 2535
  • August 2011: 2750

Average Monthly Rental Rates:

  • September 2012:  $1308
  • August 2012:  $1323
  • July 2012:  $1491
  • June 2012:  $1222
  • May 2012:  $1235
  • April 2012:  $1299
  • March 2012:  $1621
  • February 2012:  $1347
  • January 2012:  $1447
  • December 2011:  $1307
  • November 2011:  $1328
  • October 2011:  $1355
  • September 2011: $1279
  • August 2011: $1422

Median Monthly Rental Rates:

  • September 2012:  $1095
  • August 2012:  $1095
  • July 2012:  $1100
  • June 2012:  $1100
  • May 2012:  $1100
  • April 2012:  $1095
  • March 2012:  $1095
  • February 2012:  $1080
  • January 2012:  $1095
  • December 2011:  $1095
  • November 2011:  $1095
  • October 2011:  $1100
  • September 2011: $1145
  • August 2011: $1125

Las Vegas Area remains a Landlord's Market in the Rental Sector for the Las Vegas Valley.

How to check to see if the home you are renting is in default

Last Month's Las Vegas Area Rental Home Report

How to Rent a Home in Las Vegas - Fill Out the Form on this page to rent or ask for property management services.

Typical Move in Costs for Renting a Las Vegas Home

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Thanks,  Renée Burrows 702-580-1783 Broker/Owner, REALTOR®
 

 

copyright 2006-2013 Renee Burrows, REALTOR®, Savvy Home Realty Solutions  702-966-2494

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Rainmaker
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Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Morning Renee...where do you pull your rental info from?  that is terrific info to have on hand!!

Nov 13, 2012 10:40 PM #1
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Renee, great information for your area.    I would not know where to find the leased information for Denver either.

Nov 15, 2012 03:43 AM #2
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Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Thank you both for your comments!  We have rental nfo in our MLS :)

Dec 11, 2012 11:03 PM #3
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