Las Vegas apartment rental rates climb as jobs market improves

Apartment rents in Las Vegas rose slightly in the first quarter, part of a national trend in which 36 of 41 metropolitan statistical areas showed an increase in rents, California-based RealFacts reported Tuesday in the Las Vegas Review Journal.

Again, we see how the local news demonstrates a fluctuating real estate market. Average rent in Las Vegas climbed 0.9 percent from the previous period to $775 a month, though it’s still down 10.4 percent from $865 a year ago.

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