Matrix Multifamily Las Vegas Report-May 2022

Las Vegas Rents Rise

Las Vegas rent improvement continued, with rents rising 0.7 percent on a T3 basis through March to $1,493. Investment is also off to a strong start, with $850 million in assets already trading through the first quarter. Still, the local economy has challenges ahead, despite a 12.6 percent job market expansion over the last year.

Sign up to download.