Las Vegas is the 28th largest multifamily market with 182,612 completed units and 33,001 units in development, 8,540 of which have already broken ground, as of September 2022.
Las Vegas Multifamily Market Summary – September 2022
New lease asking rents are at $1,511, up 6.9%▲
from the previous year placing Las Vegas at
101st overall in year-over-year rent growth.
Las Vegas Multifamily Market Summary – August 2022
New lease asking rents are at $1,517, up 10%▲
from the previous year placing Las Vegas at
63rd overall in year-over-year rent growth.
Las Vegas Multifamily Market Summary – July 2022
New lease asking rents are at $1,529, up 14%▲
from the previous year placing Las Vegas at 31st
overall in year-over-year rent growth.
Las Vegas Multifamily Market Summary – June 2022
New lease asking rents are at $1,520, up 19.6%▲
from the previous year placing Las Vegas at 9th
overall in year-over-year rent growth.
Las Vegas Multifamily Market Summary – May 2022
New lease asking rents are at $1,520, up 19.6%▲
from the previous year placing Las Vegas at 9th
overall in year-over-year rent growth.
Las Vegas Multifamily Market Summary – April 2022
New lease asking rents are at $1,515, up 22.1%▲
from the previous year placing Las Vegas at 5th
overall in year-over-year rent growth.
Las Vegas Multifamily Market Summary – March 2022
New lease asking rents are at $1,493, up 23.3%▲
from the previous year placing Las Vegas at 5th
overall in year-over-year rent growth.
Las Vegas Multifamily Market Summary – February 2022
New lease asking rents are at $1,483, up 24.8%▲
from the previous year placing Las Vegas at 6th
overall in year-over-year rent growth.
Las Vegas Multifamily Market Summary – January 2022
New lease asking rents are at $1,471, up 24.5%▲
from the previous year placing Las Vegas at 6th
overall in year-over-year rent growth.
Las Vegas Multifamily Market Summary – December 2021
New lease asking rents are at $1,438, up 22.1%▲
from the previous year placing Las Vegas at 7th
overall in year-over-year rent growth.
