The Las Vegas Rental Market Report is a monthly, sourced summary of home prices, rents, and vacancy in the Las Vegas valley, compiled by Home365, a property management company for rental owners in Las Vegas, Henderson, and North Las Vegas. As of October 2026: the median existing single-family home sold for $470,000 in September 2026, unchanged from September 2025 and $20,000 below the May and June record (Las Vegas REALTORS). A three-bedroom rents for about $2,020 a month in Las Vegas (Zumper, October 10, 2026), single-family rents across the metro are up 1.9% in a year (Zillow, August 2026), and Clark County's rental vacancy rate was 7.6% (U.S. Census Bureau, 2024).
Every number below carries its own source and date. Prices come from the Las Vegas REALTORS monthly MLS release, rents from Zumper and Zillow, and vacancy and renter share from the Census Bureau's American Community Survey.
| Measure | Latest | Change | Source and date |
|---|---|---|---|
| Median existing single-family sale price (Southern Nevada) | $470,000 | 0% vs. Sept. 2025; down 1.1% vs. Aug. 2026 | Las Vegas REALTORS, September 2026 (via FOX5, Oct. 6, 2026) |
| Median condo and townhome sale price | $290,000 | Down 1.4% vs. Sept. 2025 | Las Vegas REALTORS, September 2026 (via FOX5, Oct. 6, 2026) |
| Single-family homes listed without offers | 7,995 | Up 6.6% vs. Sept. 2025 | Las Vegas REALTORS, September 2026 (via FOX5, Oct. 6, 2026) |
| Housing supply | About 5 months | About 4 months a year earlier | Las Vegas REALTORS, September 2026 (via FOX5, Oct. 6, 2026) |
| Single-family homes sold within 60 days | 75.9% | 72.0% in Sept. 2025 | Las Vegas REALTORS, September 2026 (via FOX5, Oct. 6, 2026) |
| Median days on market, Las Vegas metro listings | 58 days | 57 days in Sept. 2025 | Realtor.com via FRED, September 2026 |
| Typical home value, Las Vegas metro (all homes) | About $424,000 | Down 2.7% vs. Aug. 2025 | Zillow Home Value Index, August 2026 |
| Typical single-family rent, Las Vegas metro | About $2,270 | Up 1.9% vs. Aug. 2025 | Zillow Observed Rent Index (single-family), August 2026 |
| Median rent, all rentals, Las Vegas | $1,895 | Up 4% vs. a year earlier | Zumper, updated Oct. 10, 2026 |
| Rental vacancy rate, Clark County | 7.6% | Annual survey | U.S. Census Bureau, ACS 2024 1-year (tables B25003, B25004) |
| Share of Clark County households that rent | 42% | Annual survey | U.S. Census Bureau, ACS 2024 1-year (table B25003) |
Las Vegas REALTORS figures cover existing homes sold through its MLS in Southern Nevada. Realtor.com and Zillow figures cover the Las Vegas-Henderson metro area. The Clark County rental vacancy rate is calculated from ACS table B25004 (vacant for rent) and B25003 (renter-occupied), using the Census Bureau's definition. Compiled by Home365 on October 11, 2026.
Rents vary by city within the valley. Henderson asks the most for a three-bedroom; Las Vegas and North Las Vegas are within about $20 of each other.
| City | 2 bedrooms | 3 bedrooms | 4 bedrooms | Median, all rentals | Source and date |
|---|---|---|---|---|---|
| Las Vegas | $1,425 | $2,020 | $2,600 | $1,895 (up 4% in a year) | Zumper, updated Oct. 10, 2026 |
| Henderson | $1,750 | $2,150 | $2,825 | $2,150 (up 2% in a year) | Zumper, updated Oct. 11, 2026 |
| North Las Vegas | $1,517 | $2,000 | $2,300 | $2,000 (up 5% in a year) | Zumper, updated Oct. 11, 2026 |
Bedroom figures are Zumper's average asking rents for active listings; the all-rentals figure is Zumper's median. Asking rents describe what is listed now, not what current tenants pay. For neighborhood detail, see our Henderson, Summerlin, and North Las Vegas pages.
Prices are flat, rents are inching up. The September 2026 single-family median of $470,000 matches September 2025 exactly, while Zillow's single-family rent index for the metro rose 1.9% over the year to August 2026. At those two figures, a year of rent ($2,270 × 12 = $27,240) equals about 5.8% of the median price before vacancy, management, taxes, insurance, and repairs. That ratio is a starting point for comparison, not a return.
More homes are for sale, but they are still selling. Listings without offers rose 6.6% in a year and supply grew to about five months from about four. Even so, 75.9% of single-family homes that sold in September closed within 60 days, up from 72.0% a year earlier. Realtor.com's median time on market for metro listings was 58 days, one day longer than a year before. Owners weighing a sale should expect more competing listings than in 2025. Our rent-or-sell guide works through both sides with the same $470,000 median.
Vacancy is the number to plan around. Clark County's rental vacancy rate was 7.6% in the Census Bureau's 2024 survey, and 42% of the county's households rent. A month without a tenant on a $2,020 three-bedroom costs $2,020 in rent plus utilities and upkeep; see what a vacant rental really costs. In an HOA community, check the association's current rental rules before listing, because Nevada changed its HOA rental law on July 1, 2026 (our HOA rules guide explains it).
What this report does not do. It does not forecast prices or rents. Mortgage rates, which Las Vegas REALTORS cited as a factor in September's slower sales, can move either way. The figures above describe what has already happened, each as of its own date.
Home365 refreshes this report each month after Las Vegas REALTORS publishes its monthly figures, usually in the first week of the month. Each refresh replaces the numbers above, keeps a source and date on every row, and notes when a source revises an earlier figure. The Census figures update once a year, when the next ACS 1-year release comes out. Next update: November 2026, with October 2026 sales data.
Home365 is a property management company for rental homes across the Las Vegas valley. It handles leasing, tenant screening, maintenance, and rent collection. Both plans are priced as a percentage of rent. On Traditional, you pay for repairs as they come up. Profit Protect includes in-home repairs and a rent guarantee in one all-inclusive monthly rate, after a waiting period and subject to annual limits and exclusions in the agreement. Terms and conditions apply. For how management is priced in the valley, see our Las Vegas property management cost guide.
The median existing single-family home in Southern Nevada sold for $470,000 in September 2026, according to Las Vegas REALTORS. That is unchanged from September 2025, down 1.1% from August 2026, and $20,000 below the record $490,000 set in May and June 2026. The median condo or townhome sold for $290,000.
A three-bedroom rents for about $2,020 a month in Las Vegas, $2,150 in Henderson, and $2,000 in North Las Vegas (Zumper, October 10 to 11, 2026). Zillow's single-family rent index puts the typical single-family rent across the Las Vegas metro at about $2,270 in August 2026, up 1.9% in a year.
Clark County's rental vacancy rate was 7.6% in the U.S. Census Bureau's American Community Survey 2024 1-year estimates, calculated from homes vacant for rent as a share of the rental inventory. The same survey shows 42% of Clark County households rent their home.
Not year over year as of September 2026. The $470,000 single-family median matched September 2025, though it dipped 1.1% from August and sits below the spring record. Supply has grown: 7,995 single-family homes were listed without offers, up 6.6% in a year, and supply rose to about five months from about four (Las Vegas REALTORS). Zillow's typical home value for the metro, which includes all home types, was down 2.7% over the year to August 2026.
The October 2026 data shows flat sale prices and slowly rising rents: the single-family median was unchanged in a year while Zillow's single-family rent index rose 1.9%. More homes are for sale than a year ago, and Clark County's rental vacancy rate was 7.6% in 2024. Whether renting beats selling depends on your mortgage, taxes, and how long you have owned the home. Home365 updates this report monthly, and its rent-or-sell guide works through both options with current numbers.
Sources: Las Vegas REALTORS, September 2026 market statistics, as reported by FOX5 Las Vegas and KSNV News 3 (October 6, 2026); Zumper rent research for Las Vegas (updated October 10, 2026), Henderson and North Las Vegas (updated October 11, 2026); Zillow Observed Rent Index (single-family and all homes) and Zillow Home Value Index, Las Vegas metro, August 2026; Realtor.com Housing Inventory Core Metrics via FRED, Federal Reserve Bank of St. Louis, September 2026; U.S. Census Bureau, American Community Survey 2024 1-year estimates, tables B25003 and B25004, Clark County, Nevada. This report is general information as of October 11, 2026, not investment, tax, or legal advice. Next update: November 2026.