CalculateRealEstateROI

Market Research

Las Vegas, NV — Investment Research

Las Vegas combines no-income-tax structure with strong in-migration from California and a growing logistics, tech, and entertainment economy.

Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Opportunity
60
Future Outlook
75
Grade
C
Cap Rate
5.5%

Market Commentary

Vegas works for diversified buy-and-hold investors. Avoid heavy STR concentration on the Strip corridor due to permit volatility.

Fundamentals

Median Price
$430,000
Median Rent
$2,050
per month
Yield
5.7%
Pop Growth
1.5%
Job Growth
2.4%
Vacancy
6.6%

Investment Pros / Cons

  • ✓ No state income tax
  • ✓ Strong in-migration
  • ✓ Large institutional rental footprint
  • × Tourism-cyclical employment
  • × Water-policy uncertainty
  • × HOA prevalence