Nevada Real Estate >> Las Vegas Real Estate Specialist: Nevada: Henderson: Ocotillo Pointe

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

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:

  • 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
  • July 2011: 2396
  • June 2011: 2485
  • May 2011: 2376
  • April 2011: 2342

Average Monthly Rental Rates:

  • 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
  • July 2011: $1434
  • June 2011: $1765
  • May 2011: $1257
  • April 2011: $1207

Median Monthly Rental Rates:

  • 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
  • July 2011: $1125
  • June 2011: $1150
  • May 2011: $1150
  • April 2011: $1100

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

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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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Comment balloon 4 commentsRenée Burrows • September 17 2012 07:03AM
Las Vegas NV Area Rental Home Market Report July 2012 (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