Rental market snapshot for Lone Mountain, Las Vegas

Lone Mountain rental market summary

The rental market in Lone Mountain, Nevada is showing signs of growth. In July of 2023, there were 6,762 new listings, a significant increase from the previous month. The median rent also increased from $2,025 in June of 2023 to $2,050 in July, a 1.2% increase. This is a sign of a healthy rental market, as it indicates that demand is increasing. Furthermore, the median rent in July of 2023 was 2.1% higher than it was in July of 2022, indicating that the rental market in Lone Mountain is continuing to grow.

Overall, the rental market in Lone Mountain is looking strong. With an increasing number of new listings and a steady rise in median rent, it is a great time to be a landlord in the area. With the right strategies and investments, landlords can take advantage of the current market conditions and maximize their returns.

Median rent for all residential properties in Lone Mountain

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The most expensive listings and top trending buildings in Lone Mountain

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Bedroom Breakdown in Lone Mountain

Studio
$1,126
MEDIAN RENT
1 Bedroom
$1,292
MEDIAN RENT
2 Bedroom
$1,616
MEDIAN RENT

Lone Mountain neighborhood apartments rents

The rental market for studios in Lone Mountain, Nevada is showing signs of growth. In July 2023, there were 4 new studio listings, representing an increase in the number of available rental units. The median rent for studios in July 2023 was $1,126, a 4.6% increase from the median rent in June 2023 of $1,076. This suggests that the rental market for studios in Lone Mountain is becoming more competitive, with landlords able to increase their asking prices.

The rental market for 1-bedroom apartments in Lone Mountain, Nevada is showing signs of stability. In July 2023, there were 4 new 1-bedroom listings, and the median rent for 1-bedroom apartments decreased by 3.2% from June 2023 to July 2023, settling at $1,292. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 1-bedroom apartments are staying relatively consistent.

The rental market for 2-bedroom apartments in Lone Mountain, Nevada, is relatively stable. In July 2023, there were 7 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $1,616, a decrease of .8% from the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in the short-term.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Lone Mountain is $2,050.
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