Rents continue their free fall in the Las Vegas Valley, report says

Rents in the Las Vegas Valley continue to decline despite most of the rest of the country starting to flatten out, according to a new study.

May’s rental report from rental marketplace Zumper shows that most all of the areas in the valley have seen declining rental rates both month over month and year over year. The biggest drop year over year was in Henderson, where rents decreased 8.3 percent from May 2025 to through May 31.

Rents dropped 4 percent year over year in North Las Vegas and have fallen 3.3 percent in the city of Las Vegas over that same time period…

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