Rental market snapshot for Twin Lakes, Las Vegas
Twin Lakes rental market summary
The rental market in Twin Lakes, Nevada is showing signs of growth. In July of 2023, there were 412 new listings, a significant increase from the previous month. The median rent for the area has also seen a steady increase, with the median rent in July 2023 being $1,200, a 4.0% increase from June 2023 and a 14.0% increase from July 2022. This indicates that the rental market in Twin Lakes is becoming more competitive, with more people looking to rent in the area.
The increasing demand for rental properties in Twin Lakes is likely due to the area's growing popularity. With its close proximity to Las Vegas and its many outdoor activities, Twin Lakes is becoming an increasingly attractive destination for people looking for a place to live. As the demand for rental properties continues to increase, it is likely that the median rent will continue to rise as well.
Median rent for all residential properties in Twin Lakes
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The most expensive listings and top trending buildings in Twin Lakes
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 816 Chabot Dr | $5,000 | 7 / 5.0 |
| 816 Chabot Dr | $4,900 | 7 / 5.0 |
| 4309 Hanford Ave | $3,000 | 4 / 3.0 |
| 4309 Hanford Avenue | $3,000 | 4 / 3.0 |
| 401 Estella Avenue | $2,195 | 4 / 3.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $1,025 |
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Bedroom Breakdown in Twin Lakes
Twin Lakes neighborhood apartments rents
The rental market for studios in Twin Lakes, Nevada is expected to remain relatively stable in October 2022, with only one new studio listing. The median rent for studios is estimated to be $850, which is likely to remain unchanged from September 2022. Overall, the rental market for studios in Twin Lakes is expected to remain steady in the near future.
The rental market for 1-bedroom apartments in Twin Lakes, Nevada is relatively stable, with only one new listing in May 2023. The median rent for 1-bedroom apartments in May 2023 was $1,025, a decrease of 19.6% from the median rent in March 2023 of $1,275. This suggests that the rental market is not experiencing significant fluctuations in prices, and that renters can expect to find relatively affordable housing in Twin Lakes.
The rental market for 2-bedroom apartments in Twin Lakes, Nevada, is relatively stable. In June 2023, there was only one new listing, and the median rent remained the same as it was in May 2023, at $1,250. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.