Rental market snapshot for North Cheyenne, Las Vegas
North Cheyenne rental market summary
The rental market in North Cheyenne, Nevada is showing signs of growth. In July 2023, there were 3,046 new listings, indicating an increase in rental activity. The median rent in July 2023 was $1,975, a decrease of .3% from June 2023. However, the median rent in July 2023 was 3.7% higher than the median rent in July 2022, indicating that rental prices are on the rise.
Overall, the rental market in North Cheyenne, Nevada appears to be healthy and growing. With an increasing number of new listings and rising rental prices, 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 North Cheyenne
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The most expensive listings and top trending buildings in North Cheyenne
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 5700 Sligo St | $3,405 | 5 / 4.5 |
| 6529 Wheelbarrow Peak Dr | $3,300 | 6 / 2.0 |
| 6205 Red Pine Ct | $3,200 | 4 / 4.0 |
| 5704 Sligo Street | $3,100 | 5 / 4.5 |
| 6125 Night Rain Ct | $3,070 | 4 / 2.5 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| BH Management Services LLC | $1,034 |
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Bedroom Breakdown in North Cheyenne
North Cheyenne neighborhood apartments rents
The rental market for studios in North Cheyenne, Nevada appears to be relatively stable, with only one new studio listing in July 2022. The median rent for studios in July 2022 is $1,200, though the median rent for June 2022 is not available, so it is not possible to determine the percent change in rent from June 2022 to July 2022. Overall, the rental market for studios in North Cheyenne appears to be relatively stable.
The rental market for 1-bedroom apartments in North Cheyenne, Nevada is showing signs of growth. In June 2023, there were two new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in June 2023 was $1,034, a 1.2% increase from the median rent in May 2023. This suggests that the rental market is becoming more competitive, and renters should expect to pay more for 1-bedroom apartments in the area.
The rental market for 2-bedroom apartments in North Cheyenne, Nevada is relatively stable. In July 2023, there were two new 2-bedroom listings, and the median rent for 2-bedroom apartments was $1,212, which is a 1.2% decrease from the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in the short-term.