In May, 36% of Las Vegas apartment properties were offering rent concessions, a month-over-month decline from 42% in April, but still well elevated above last May when only 5% of apartments in the region offered concessions.
Concessions Help Las Vegas Apartment Owners Increase Leasing Activity Without Dropping Asking Rents
Weaker Demand, Higher Vacancy Force Landlords To Get Creative in Sweetening Deals
CoStar Analytics
June 12, 2023 | 8:12 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In