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State

City

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City

State

City

ZIP codes

Las Vegas, NV · 89116

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $76K, +3.6% YoY (county); renters hold 42.2% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

862,518

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 948,995

949Kunits

Occupied862,51890.9%

Vacant86,4779.1%

2024 Tenure ⓘ

U.S. Census ACS · n = 862,518

863Koccupied

Owner498,38457.8%

Renter364,13442.2%

Renter Share

42.2%-1.7% YoY

Total Housing Units

948,995+1.4% YoY

FY2026 Fair Market Rent

CountyClark County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,333

/month

1 BR

$1,478

/month

2 BR

$1,735

/month

3 BR

$2,413

/month

4 BR

$2,764

/month

FMR trends · Clark County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.6% to 2,329,548: residents under 18 are up 0.1% and those 65 and over are up 3.7%.

Median Age

38.52024

Population

Clark County Population

2,398,871+1.9% YoY

Households

Total Households

862,518+1.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.680.0% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 2,329,548

2.3Mresidents

Under 18517,22122.2%

Adults 18–641,441,90861.9%

65 & Over370,41915.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

517,221+0.1% YoY

Population 65 & Over

370,419+3.7% YoY

Median Age

38.50+0.5% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.6%

Moved (within US)13.7%

Other0.7%

Veterans

7.5%-5.1% YoY

County Economy

County median household income is $76K, 13.0% of residents are below the poverty level, 12.2% work from home.

Income

Median Household Income

$76K+3.6% YoY

Per-Capita Income

$40K+3.2% YoY

Mean Household Income

$104K+3.2% YoY

Poverty

Below Poverty Level

13.0%-1.5% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone70.8%

Public transit2.2%

Worked from home12.2%

Other14.8%

Worked From Home

12.2%+14.0% YoY

Mean Commute

25.10-0.4% YoY

Done with 89116? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Las Vegas, NV · 89116

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $76K, +3.6% YoY (county); renters hold 42.2% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

862,518

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 948,995

949Kunits

Occupied862,51890.9%

Vacant86,4779.1%

2024 Tenure ⓘ

U.S. Census ACS · n = 862,518

863Koccupied

Owner498,38457.8%

Renter364,13442.2%

Renter Share

42.2%-1.7% YoY

Total Housing Units

948,995+1.4% YoY

FY2026 Fair Market Rent

CountyClark County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,333

/month

1 BR

$1,478

/month

2 BR

$1,735

/month

3 BR

$2,413

/month

4 BR

$2,764

/month

FMR trends · Clark County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.6% to 2,329,548: residents under 18 are up 0.1% and those 65 and over are up 3.7%.

Median Age

38.52024

Population

Clark County Population

2,398,871+1.9% YoY

Households

Total Households

862,518+1.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.680.0% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 2,329,548

2.3Mresidents

Under 18517,22122.2%

Adults 18–641,441,90861.9%

65 & Over370,41915.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

517,221+0.1% YoY

Population 65 & Over

370,419+3.7% YoY

Median Age

38.50+0.5% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.6%

Moved (within US)13.7%

Other0.7%

Veterans

7.5%-5.1% YoY

County Economy

County median household income is $76K, 13.0% of residents are below the poverty level, 12.2% work from home.

Income

Median Household Income

$76K+3.6% YoY

Per-Capita Income

$40K+3.2% YoY

Mean Household Income

$104K+3.2% YoY

Poverty

Below Poverty Level

13.0%-1.5% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone70.8%

Public transit2.2%

Worked from home12.2%

Other14.8%

Worked From Home

12.2%+14.0% YoY

Mean Commute

25.10-0.4% YoY

Done with 89116? Put it next to another market.