Las Vegas Rental Market Statistics for 2017
There are approximately 2.2 million people living in Las Vegas according to the U.S. Census Bureau. And of those 2.2 million people, forty-eight percent of them are renting. According to statistics rental vacancies in Southern Nevada decreased in the first quarter of 2016, extending a three year long streak. Vacancy stood at 5.1 percent in the first quarter, 0.6 percentage points lower than one year ago, and 0.3 percentage points lower than in the fourth quarter of 2015.
Even with a six percent unemployment