Rental market snapshot for Centennial Hills, Las Vegas
Centennial Hills rental market summary
The rental market in Centennial Hills, Nevada is showing signs of growth. In July 2023, there were 7,178 new listings, a significant increase from the previous month. The median rent in July 2023 was $1,995, a 1.5% decrease from the previous month, but a 3.9% increase from the same time last year. This indicates that the rental market in Centennial Hills is becoming more competitive and that prices are slowly increasing.
Overall, the rental market in Centennial Hills is showing positive signs of growth. With more new listings and increasing prices, it is becoming a more attractive option for renters. As the market continues to grow, it is likely that more people will be drawn to the area, creating a more vibrant rental market.
Median rent for all residential properties in Centennial Hills
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The most expensive listings and top trending buildings in Centennial Hills
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 7661 Woven Sands Street | $4,950 | 3 / 2.5 |
| 9037 Proud Court | $4,950 | 4 / 2.5 |
| 9209 Thunder Falls Court | $4,900 | 4 / 3.0 |
| 9160 Dimpled Court | $4,700 | 3 / 2.5 |
| 8096 Black Orchid Ave | $4,490 | 4 / 3.5 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Greystar Real Estate Partners LLC | $1,577 |
| Cushman & Wakefield | $1,548 |
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Bedroom Breakdown in Centennial Hills
Centennial Hills neighborhood apartments rents
The rental market for studios in Centennial Hills, Nevada is relatively stable. In June 2023, there was only one new studio listing, indicating that the market is not experiencing a large influx of new properties. The median rent for studios in June 2023 was $1,445, which is only a .3% increase from the median rent in May 2023 of $1,440. This suggests that the rental market for studios in Centennial Hills is not experiencing significant fluctuations in rent prices.
The rental market for 1-bedroom apartments in Centennial Hills, Nevada is showing signs of improvement. In July 2023, there were 10 new 1-bedroom listings, which is a positive sign for the market. Additionally, the median rent for 1-bedroom apartments decreased by 7.1% from June 2023 to July 2023, from $1,646 to $1,528. This suggests that the rental market is becoming more affordable for tenants.
The rental market for 2-bedroom apartments in Centennial Hills, Nevada is relatively stable. In July 2023, there were 10 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $1,900, only a .2% increase from the median rent in June 2023. This indicates that the rental market is not experiencing any significant changes in pricing or availability.