Las Vegas Multifamily MarketBeat Q1 2026
Cushman & Wakefield's Q1 2026 Las Vegas multifamily market report shows the metro added 312 units across one property while maintaining resilient demand with net absorption of 403 units, resulting in a vacancy rate decline to 10.6% and an effective rent of $1,451 per unit. Economic conditions improved with Las Vegas employment at 1.2 million, unemployment falling to 5.5%, and median household income reaching $84,400, while the construction pipeline compressed to 5,487 units underway—its lowest level since 2021—with year-end deliveries expected to reach 4,880 units, 46% above the 10-year average.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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