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More than 50% of Las Vegas apartments offer concessions for third straight month

Market continues to heal from historically high vacancy rate
CoStar Analytics
September 27, 2024 | 8:34 P.M.

More than 55% of Las Vegas apartments were offering renter concessions in August, the third consecutive month the market has been above the 50% threshold. Concessions are playing a role in helping landlords fill units as the vacancy rate has compressed roughly 100 basis points year to date.

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