1031 Exchange Las Vegas, Nevada

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Las Vegas due to their correlations with market demand, and conversely, vacancy rate.

Surrounding metropolitan Area

Las Vegas, Nevada is a part of the Las Vegas-Henderson-Paradise, NV metropolitan area, and contains 77 zip codes, including: 89136, 89165, 89123, 89126, 89177, and 89116.

Las Vegas Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Las Vegas, NV metropolitan area was $1,108, which is 29.44% lower than 2014 average rent. This represents a compounded annual growth rate of 5.30%. 2019 vacancy in Las Vegas, NV was 4.60%.

The total population of the city of Las Vegas, NV has grown 10.43% since 2010. As of 2018, the population was 644,644. The median household income of the Las Vegas was $54,694, which is 9.29% lower than the national average.

  • metropolitan area Las Vegas-Henderson-Paradise, NV
  • avg rent $1,108
  • rent growth 29.44%
  • vacancy 4.60%
  • median income $54,694
  • population (2018) 644,644
  • population growth 10.43%
  • vs. nat'l avg 9.29%
  • zip codes 89101 89102 89103 89104 89105 89106 89107 89108 89109 89110 89111 89112 89113 89114 89115 89116 89117 89118 89119 89120 89121 89122 89123 89124 89125 89126 89127 89128 89129 89130 89131 89132 89133 89134 89135 89136 89137 89138 89139 89140 89141 89142 89143 89144 89145 89146 89147 89148 89149 89150 89151 89152 89153 89154 89155 89156 89157 89158 89159 89160 89161 89162 89164 89165 89166 89169 89170 89173 89177 89178 89179 89180 89183 89185 89193 89195 89199

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities