Mid-Term Rental Market Analytics & Investment Insights
Annual Revenue
$23,100
Based on 1249 full time Airbnb rentals
Average Monthly Rate
$2100
Gross Yield
5.66%
#45 in the USProperty Tax Rate
1%
Homes in Las Vegas have appreciated by 2.70%, with the median home value standing at $419215, according to Zillow.
There are currently 1249 active mid-term rentals in Las Vegas. The average monthly rate for these rentals is $2100. This translates to an annual revenue of $30030 for mid-term rentals.
Las Vegas is an investor-friendly location with mid-term rental regulations favorable to those looking to invest in mid-term rentals.
Average Monthly Rate Trend
$2100
Active Mid-Term Rentals
1249
The average gross yield for mid-term rentals in Las Vegas is 5.66%. However, potential investors should also consider the average property tax, which stands at 0.57% according to SmartAsset.
The median household income in Las Vegas is $58,231.
The unemployment rate in Las Vegas is 5.3%, which is lower than the national average of 3.9%.
The most popular property types in Las Vegas are 2-bedroom units, with an monthyl rents of $2100 and an annual revenue of $23100.
Let our agents guide you to the best mid-term rental investments in Las Vegas