Las Vegas NV Area Rental Home Market Report September 2013 (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 2013:  2989
  • August 2013:  3639
  • July 2013:  3355
  • June 2013:  3224
  • May 2013:  3297
  • April 2013:  3100
  • March 2013:  3188
  • February 2013:  3141
  • January 2013:  2608
  • December 2012:  2289
  • November 2012:  2690
  • October 2012:  2913
  • September 2012:  2626

Average Monthly Rental Rates:

  • September 2013:  $1292
  • August 2013:  $1222
  • July 2013:  $1564
  • June 2013:  $1383
  • May 2013:  $1348
  • April 2013:  $1283
  • March 2013:  $1315
  • February 2013:  $1274
  • January 2013:  $1462
  • December 2012:  $1535
  • November 2012:  $1240
  • October 2012:  $1307
  • September 2012:  $1308

Median Monthly Rental Rates:

  • September 2013:  $1100
  • August 2013:  $1100
  • July 2013:  $1100
  • June 2013:  $1138
  • May 2013:  $1125
  • April 2013:  $1100
  • March 2013:  $1095
  • February 2013:  $1050
  • January 2013:  $1095
  • December 2012:  $1075
  • November 2012:  $1100
  • October 2012:  $1095
  • September 2012:  $1095

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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