Rental market snapshot for Sunrise, Las Vegas

Sunrise rental market summary

The rental market in Sunrise, Nevada is showing signs of growth. In July of 2023, there were 224 new listings, indicating an increase in available rental properties. The median rent for the month of July 2023 was $1,650, which is the same as the median rent for June 2023. This suggests that the rental market is stable and that prices are not fluctuating significantly. However, when compared to the median rent in July 2022, there has been a 15.4% decrease in rent prices. This indicates that the rental market in Sunrise, Nevada is becoming more affordable for renters.

Overall, the rental market in Sunrise, Nevada is showing signs of growth and stability. The number of new listings is increasing, and the median rent has remained the same for the past two months. However, when compared to the median rent in July 2022, there has been a significant decrease in rent prices, making the rental market more affordable for renters. This suggests that the rental market in Sunrise, Nevada is becoming increasingly attractive to potential renters.

Median rent for all residential properties in Sunrise

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The most expensive listings and top trending buildings in Sunrise

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Bedroom Breakdown in Sunrise

Studio
$850
MEDIAN RENT
1 Bedroom
$950
MEDIAN RENT
2 Bedroom
$1,300
MEDIAN RENT

Sunrise neighborhood apartments rents

The rental market for studios in Sunrise, Nevada remains relatively stable in July 2023, with only one new studio listing and no change in median rent from June 2023 to July 2023. This indicates that the rental market for studios in Sunrise is relatively steady and that there is not much fluctuation in the rental prices.

The rental market for 1-bedroom apartments in Sunrise, Nevada in July 2023 is relatively stable. There was only one new listing in July, and the median rent remained the same as it was in June at $950. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.

The rental market for 2-bedroom apartments in Sunrise, Nevada is showing signs of growth. In July 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 20.9% from June 2023 to July 2023, from $1,075 to $1,300. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is likely to continue to grow in the coming months.

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 Sunrise is $1,650.
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