Single Family Management
There are 24 property management companies in Las Vegas, NV 19 Companies specialize in Single Family property management. 3 Companies specialize in Multi-Family property management. 5 Companies specialize in HOA property management.
The average rent for a 3 bedroom house in Las Vegas, NV is $1,568.00. When you receive your requested free market assessment, compare the average rent to what a property manager expects your property to rent for before making your decision on which manager to hire.
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Las Vegas, NV Property Management Companies
The first Las Vegas casino opened its doors in 1906, and Las Vegas has been in the entertainment, gaming, and tourism business ever since. Home of the iconic Las Vegas Strip, the city attracts well over 30 million visitors per year. Despite its "Sin City" reputation, Las Vegas has lately become a popular place for retirement, as well as for traditional family life. Its year-round warm temperatures and wealth of service-industry jobs have begun to attract increasing numbers of permanent residents, many of whom reside in rental properties.
Las Vegas Property Investment
With distressed properties currently representing about 70% of recent Las Vegas home sales, according to DataQuick, there has never been a better time to snap up property deals in this city. Home prices have fallen so low that many investors from outside the area, including foreign investors, have recently been buying up rental properties. High numbers of all-cash deals signal investors' confidence that the area will soon rebound. Meanwhile, though purchasing a Las Vegas home has never been more affordable, many prospective homebuyers prefer to rent while they wait for the economy to improve. In addition, thousands of new entertainment- and tourism-industry jobs are created in Las Vegas each year, feeding the demand for rentals.
Las Vegas Rental Market at a Glance
|Las Vegas Area||US|
|Population||1.9 million||380 million|
|Percentage of renters||43.12%||34.0%|
|Rental vacancy rate||12.15%||8.4%|
|Median house price||$137,300||$185,400|
Finding Las Vegas Property Management Companies
Finding the right property manager is essential to growing your business.
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