Property prices for rent in Las Vegas (Nevada)

The rent prices in real estate in Las Vegas, in the Nevada region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$1,561.67
Average price last 6 months
$8.65
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Las Vegas has had a strong fall during the last 6 months. In November, the average price per sq.feet was $10. In the following month the price per sq.feet fell considerably to $1.24. The price for the following two months in (January, February) had a considerable rise of 188 %. The price per sq.feet has had a considerable rise of 121 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $8.09 to $9.76 during March, and April.

Average price

When referring to the price in Las Vegas (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,605. In December This price remains at $1,533. In the following two months the average price has hardly changed with regard to the previous two months from $1,569 to $1,588.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,578.75 and $1,527.5 between March and April.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,525 they are 13 % more affordable than the average price for Las Vegas . The properties with the highest average price have 4 bedrooms, Their price is 61 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,816.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.1 / sq.feet, with an average $1.83 / sq.feet price in Las Vegas. The properties with the most expensive average prices have 2 bedrooms. They are 450 % more expensive than the average followed by properties with 1 bedroom with a price at $8.49 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,525 it is 33 % more affordable than the average price in Las Vegas. "House" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "Condo". At a price of $1,827 it is 21 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.27 / sq.feet followed by "House" priced at $1.85 / sq.feet. "Land" is the most expensive type of property with a $119.54 / sq.feet value followed by "Townhouse" with an average price of $83.38 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Las Vegas
Number of properties used in region Nevada
$1,525
$1.83
21,636
37,354
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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