Rental market snapshot for Sheep Mountain, North Las Vegas

Sheep Mountain rental market summary

The rental market in Sheep Mountain, Nevada is showing signs of stability. In July 2023, there were 17 new listings, which is a slight increase from the previous month. The median rent for the month of July 2023 was $1,895, which is the same as the median rent for June 2023. This indicates that the rental market in Sheep Mountain is not experiencing any significant changes in terms of pricing. When compared to July 2022, the median rent has only increased by 2.8%, indicating that the rental market is relatively stable.

Overall, the rental market in Sheep Mountain, Nevada is showing signs of stability. The number of new listings is increasing, and the median rent is remaining relatively consistent. This indicates that the rental market in Sheep Mountain is not experiencing any drastic changes in terms of pricing or availability. This is good news for both renters and landlords in the area, as it provides a stable and reliable market for both parties.

Median rent for all residential properties in Sheep Mountain

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The most expensive listings and top trending buildings in Sheep Mountain

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Bedroom Breakdown in Sheep Mountain

1 Bedroom
$1,450
MEDIAN RENT
2 Bedroom
$1,991
MEDIAN RENT

Sheep Mountain neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Sheep Mountain, Nevada, for studios.

The rental market for 1-bedroom apartments in Sheep Mountain, Nevada is relatively stable. In July 2023, there was only one new listing, and the median rent for 1-bedroom apartments was $1,450, which is only a 2.0% decrease from the median rent in June 2023. This indicates that the rental market is not experiencing any significant changes in the short-term.

The rental market for 2-bedroom apartments in Sheep Mountain, Nevada appears to be relatively stable, with only two new listings in June 2023 and a median rent of $1,991. Unfortunately, no data is available for May 2023, so it is impossible to determine the percent change in rent from that month to June 2023. Overall, it appears that the rental market for 2-bedroom apartments in Sheep Mountain is relatively steady.

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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 Sheep Mountain is $1,895.
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