May 19, 2026

Matrix Multifamily Las Vegas Report-May 2026

Las Vegas rents stay soft

Las Vegas advertised asking rents fell 1.3 percent YoY through March to $1,468, while the U.S. average rose 0.1 percent to $1,750. Occupancy fell 70 bps YoY to 92.8 percent in February after two strong years of supply growth.

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