{
  "schema_version": "1.0",
  "submarket": {
    "slug": "downtown-las-vegas-nv",
    "name": "Downtown Las Vegas",
    "state": "NV",
    "city": "LAS VEGAS",
    "cbsa": "Las Vegas-Henderson-North Las Vegas",
    "zip_codes": [
      "89101",
      "89104",
      "89106"
    ]
  },
  "report": {
    "yearmonth": "202608",
    "month_label": "August 2026",
    "first_published_at": "2026-10-03T17:20:51.133Z",
    "last_updated_at": "2026-10-03T17:20:51.120Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1269,
        "low": 1219,
        "high": 1320,
        "mom_pct": 7.7575373134328345,
        "yoy_pct": 12.279925373134327
      },
      "2br": {
        "median": 1302,
        "low": 1250,
        "high": 1354,
        "mom_pct": 5.16609022556391,
        "yoy_pct": 7.108646616541352
      },
      "3br": {
        "median": 1608,
        "low": 1528,
        "high": 1688,
        "mom_pct": -8.77,
        "yoy_pct": -11.103877551020409
      },
      "4br": {
        "median": 3202,
        "low": 3106,
        "high": 3298,
        "mom_pct": 1.2066666666666666,
        "yoy_pct": 1.6533333333333333
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1099,
        "low": 1066,
        "high": 1132,
        "mom_pct": -11.13,
        "yoy_pct": -13.6888
      },
      "2br": {
        "median": 1314,
        "low": 1281,
        "high": 1347,
        "mom_pct": -4.374545454545454,
        "yoy_pct": -7.193636363636363
      },
      "3br": {
        "median": 1872,
        "low": 1812,
        "high": 1932,
        "mom_pct": 2.0140000000000002,
        "yoy_pct": 3.240666666666667
      },
      "4br": {
        "median": 3281,
        "low": 3182,
        "high": 3379,
        "mom_pct": 0.9333333333333333,
        "yoy_pct": 1.9566666666666666
      }
    },
    "single_family": {
      "1br": {
        "median": 1537,
        "low": 1487,
        "high": 1586,
        "mom_pct": -7.509,
        "yoy_pct": -3.178
      },
      "2br": {
        "median": 1632,
        "low": 1579,
        "high": 1684,
        "mom_pct": -2.5882608695652176,
        "yoy_pct": -4.154782608695652
      },
      "3br": {
        "median": 1939,
        "low": 1861,
        "high": 2016,
        "mom_pct": 2.2069565217391305,
        "yoy_pct": 2.3947826086956523
      },
      "4br": {
        "median": 2095,
        "low": 2028,
        "high": 2162,
        "mom_pct": -4.898333333333333,
        "yoy_pct": -4.26875
      }
    }
  },
  "vacancy": 3.4965999999999995,
  "days_on_market": {
    "apartment": 32,
    "condo_townhome": 31,
    "single_family": 22
  },
  "ai_summary": [
    {
      "headline": "1BR apartment rents surge 12.3% YoY",
      "body": "In the Downtown Las Vegas (89101, 89104, 89106) rental market, 1-bedroom apartments posted a 12.28% year-over-year gain, reaching $1,269 median rent. The same segment rose 7.76% month-over-month, reflecting a rapid increase in pricing for compact apartment units as of August 2026."
    },
    {
      "headline": "1BR condos fall 13.7% YoY vs apartments",
      "body": "Renters in Downtown Las Vegas (89101, 89104, 89106) paid $1,099 for 1-bedroom condos, which lagged 1-bedroom apartments by $170. These condo rents declined 13.69% year-over-year, suggesting demand has shifted toward apartment offerings in the 1BR segment recently."
    },
    {
      "headline": "3BR single-family median rises to $1,939",
      "body": "Measured alongside other segments, Downtown Las Vegas (89101, 89104, 89106) rental trends show 3-bedroom single-family homes increased 2.39% year-over-year to a median rent of $1,939. This contrasts with 3-bedroom apartments, which fell by 11.10% YoY during the same period."
    }
  ],
  "summary": {
    "canonical": [
      "As of August 2026, rental prices in Downtown Las Vegas, NV range from $1,099 to $3,281 per month depending on property type and bedroom count.",
      "The largest year-over-year change was recorded in 1-bedroom apartments, which increased 12.28% compared to August 2025, whereas most segments showed smaller gains or declines.",
      "For 3-bedroom units, condo/townhomes have a median rent of $1,872, which is lower than the $1,939 median for single-family homes."
    ],
    "qa": [
      {
        "question": "What is the range of rental prices in Downtown Las Vegas, NV as of August 2026?",
        "answer": "As of August 2026, rents in Downtown Las Vegas, NV range from a low of $1,099 for 1-bedroom condo/townhomes up to $3,281 for 4-bedroom condo/townhomes."
      },
      {
        "question": "Which rental segment in Downtown Las Vegas, NV saw the largest annual rent increase in August 2026, and is this growth broad-based or focused on one bedroom type?",
        "answer": "The 1-bedroom apartment segment saw the highest annual growth, rising 12.28% year-over-year; other apartment bedroom types saw more moderate increases or even declines, indicating the growth was concentrated in 1-bedroom apartments."
      },
      {
        "question": "What is the premium gap between condo/townhome and single-family rents for the same bedrooms in Downtown Las Vegas, NV?",
        "answer": "For 3-bedroom units, condo/townhomes rent for $1,872 while single-family homes rent for $1,939, making single-family homes $67 more expensive."
      },
      {
        "question": "What is the most expensive property and bedroom combination in Downtown Las Vegas, NV based on August 2026 rent data?",
        "answer": "The highest median rent is for 4-bedroom condo/townhomes at $3,281 per month as of August 2026."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202608",
      "month_label": "August 2026",
      "rents": {
        "apartment": {
          "1br": 1269,
          "2br": 1302,
          "3br": 1608,
          "4br": 3202
        },
        "condo_townhome": {
          "1br": 1099,
          "2br": 1314,
          "3br": 1872,
          "4br": 3281
        },
        "single_family": {
          "1br": 1537,
          "2br": 1632,
          "3br": 1939,
          "4br": 2095
        }
      }
    },
    {
      "yearmonth": "202607",
      "month_label": "July 2026",
      "rents": {
        "apartment": {
          "1br": 1071,
          "2br": 1205,
          "3br": 1725,
          "4br": 3164
        },
        "condo_townhome": {
          "1br": 1245,
          "2br": 1388,
          "3br": 1841,
          "4br": 3250
        },
        "single_family": {
          "1br": 1762,
          "2br": 1728,
          "3br": 1879,
          "4br": 2191
        }
      }
    },
    {
      "yearmonth": "202606",
      "month_label": "June 2026",
      "rents": {
        "apartment": {
          "1br": 1055,
          "2br": 1186,
          "3br": 1744,
          "4br": 3150
        },
        "condo_townhome": {
          "1br": 1226,
          "2br": 1361,
          "3br": 1836,
          "4br": 3216
        },
        "single_family": {
          "1br": 1717,
          "2br": 1769,
          "3br": 1857,
          "4br": 2178
        }
      }
    },
    {
      "yearmonth": "202605",
      "month_label": "May 2026",
      "rents": {
        "apartment": {
          "1br": 1058,
          "2br": 1181,
          "3br": 1741,
          "4br": 3119
        },
        "condo_townhome": {
          "1br": 1281,
          "2br": 1336,
          "3br": 1805,
          "4br": 3171
        },
        "single_family": {
          "1br": 1703,
          "2br": 1689,
          "3br": 1819,
          "4br": 2134
        }
      }
    },
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1016,
          "2br": 1210,
          "3br": 1740,
          "4br": 3117
        },
        "condo_townhome": {
          "1br": 1248,
          "2br": 1339,
          "3br": 1764,
          "4br": 3142
        },
        "single_family": {
          "1br": 1690,
          "2br": 1719,
          "3br": 1799,
          "4br": 2127
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1022,
          "2br": 1184,
          "3br": 1746,
          "4br": 3114
        },
        "condo_townhome": {
          "1br": 1290,
          "2br": 1322,
          "3br": 1767,
          "4br": 3128
        },
        "single_family": {
          "1br": 1688,
          "2br": 1662,
          "3br": 1790,
          "4br": 2110
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1003,
          "2br": 1211,
          "3br": 1759,
          "4br": 3140
        },
        "condo_townhome": {
          "1br": 1283,
          "2br": 1336,
          "3br": 1767,
          "4br": 3129
        },
        "single_family": {
          "1br": 1668,
          "2br": 1727,
          "3br": 1819,
          "4br": 2079
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1030,
          "2br": 1190,
          "3br": 1754,
          "4br": 3156
        },
        "condo_townhome": {
          "1br": 1333,
          "2br": 1323,
          "3br": 1774,
          "4br": 3164
        },
        "single_family": {
          "1br": 1672,
          "2br": 1679,
          "3br": 1848,
          "4br": 2134
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1046,
          "2br": 1209,
          "3br": 1771,
          "4br": 3178
        },
        "condo_townhome": {
          "1br": 1287,
          "2br": 1365,
          "3br": 1791,
          "4br": 3185
        },
        "single_family": {
          "1br": 1680,
          "2br": 1754,
          "3br": 1876,
          "4br": 2176
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1055,
          "2br": 1201,
          "3br": 1774,
          "4br": 3183
        },
        "condo_townhome": {
          "1br": 1316,
          "2br": 1367,
          "3br": 1783,
          "4br": 3204
        },
        "single_family": {
          "1br": 1695,
          "2br": 1757,
          "3br": 1869,
          "4br": 2192
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1042,
          "2br": 1214,
          "3br": 1800,
          "4br": 3183
        },
        "condo_townhome": {
          "1br": 1286,
          "2br": 1395,
          "3br": 1831,
          "4br": 3222
        },
        "single_family": {
          "1br": 1698,
          "2br": 1737,
          "3br": 1863,
          "4br": 2218
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1012,
          "2br": 1200,
          "3br": 1771,
          "4br": 3176
        },
        "condo_townhome": {
          "1br": 1306,
          "2br": 1414,
          "3br": 1827,
          "4br": 3232
        },
        "single_family": {
          "1br": 1659,
          "2br": 1757,
          "3br": 1849,
          "4br": 2232
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/downtown-las-vegas-nv/",
    "self": "https://data.estaite.com/feeds/downtown-las-vegas-nv.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}