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
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
8757 Castle Hill Ave | $5,500 | 5 / 4.0 |
8757 Castle Hill Ave | $5,290 | 5 / 4.0 |
3617 Blackheart Street | $5,200 | 3 / 3.0 |
4012 Rubicon Peak Court | $4,995 | 5 / 3.5 |
7321 Bush Garden Avenue | $4,199 | 5 / 2.5 |
Top Trending Buildings
building name | avg rent price |
---|---|
ConAm Management | $1,302 |
Cushman & Wakefield | $1,184 |
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Bedroom Breakdown in Lone Mountain
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.