Las Vegas, NV Real Estate

According to census data in the year 2000 there were 190,862 housing units in Las Vegas. This represents a 74% growth from 109,670 in 1990.

Of those housing units, 190,774 were located in either urbanized areas or urban clusters, and 88 were located in what is classified as a rural area.

Homeownership rate in Las Vegas is about 59.1%. Las Vegas's vacancy rate, including seasonal lodging, is about 7.3%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Las Vegas were built after 1989.


Housing Size

Housing Units by Size
Studio Type6%
One Bedroom14.90%
Two Bedrooms29%
Three Bedrooms33.30%
Four Bedrooms13.90%
Five Bedrooms or more2.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1991
Median Value of occupied units$137,300
Median Price asked for vacant units$135,600

Rented Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1985
Median Monthly Rent asked for vacant units$628

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage11.60%
Home Equity Loan6.20%
Simple Mortgage63.80%
Debt Free18.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.5%