Nevada Real Estate >> Las Vegas Real Estate Specialist: Nevada: Henderson: Green Valley South

Las Vegas NV Area Rental Market Report for October 2010 (includes Henderson & North Las Vegas)

Las Vegas Area 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:

  • October 2010:  2119
  • September 2010:  2171
  • August 2010:  2300
  • July 2010:  2106
  • June 2010:  2214
  • May 2010:  2049
  • April 2010:  2210
  • March 2010:  2269
  • February 2010:  2100
  • January 2010 1784
  • December 2009:  1713
  • November 2009:  1691
  • October 2009:  2015
  • September 2009:  1849

 Average Monthly Rental Rates:

  • October 2010:  $1308
  • September 2010:  $1484
  • August 2010:  $1459
  • July 2010:  $1425
  • June 2010:  $1410
  • May 2010:  $1254
  • April 2010:  $1413
  • March 2010:  $1193
  • February 2010:  $1731
  • January 2010:  $1582
  • December 1009:  $1313
  • November 2009:  $1313
  • October 2009:  $1264
  • September 2009:  $1477

Median Monthly Rental Rates:

  • October 2010:  $1150
  • September 2010:  $1100
  • August 2010:  $1150
  • July 2010:  $1100
  • June 2010:  $1100
  • May 2010:  $1150
  • April 2010:  $1100
  • March 2010:  $1100
  • February 2010:  $1100
  • January 2010:  $1100
  • December 2009:  $1100
  • November 2009:  $1100
  • October 2009:  $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

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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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Comment balloon 10 commentsRenée Burrows • December 10 2010 06:08PM
Las Vegas NV Area Rental Market Report for October 2010 (includes…
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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… more