Nevada Real Estate >> Las Vegas Real Estate Specialist: Nevada: North Las Vegas: Courts At Aliante

Las Vegas Area Rental Home Market Report July 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:

  • 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
  • August 2009:  2011
  • July 2009:  2029
  • June 2009:  1853
  • May 2009:  1760

 Average Monthly Rental Rates:

  • 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
  • August 2009:  $1255
  • July 2009:  $1405
  • June 2009:  $1299
  • May 2009:  $1348

Median Monthly Rental Rates:

  • 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
  • September 2009:  $1150
  • August 2009:  $1150
  • July 2009:  $1195
  • June 2009:  $1195
  • May 2009:  $1200

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

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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 7 commentsRenée Burrows • September 05 2010 12:03PM
Las Vegas Area Rental Home Market Report July 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