{
  "schema_version": "1.0",
  "submarket": {
    "slug": "southern-highlands-nv",
    "name": "Southern Highlands",
    "state": "NV",
    "city": "LAS VEGAS",
    "cbsa": "Las Vegas-Henderson-North Las Vegas",
    "zip_codes": [
      "89141",
      "89183"
    ]
  },
  "report": {
    "yearmonth": "202608",
    "month_label": "August 2026",
    "first_published_at": "2026-10-03T17:20:24.367Z",
    "last_updated_at": "2026-10-03T17:20:22.781Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1614,
        "low": 1533,
        "high": 1694,
        "mom_pct": 4.610491803278689,
        "yoy_pct": 8.754877049180328
      },
      "2br": {
        "median": 1855,
        "low": 1762,
        "high": 1948,
        "mom_pct": 4.293501577287067,
        "yoy_pct": 6.084416403785489
      },
      "3br": {
        "median": 2102,
        "low": 1997,
        "high": 2208,
        "mom_pct": -2.2314864864864865,
        "yoy_pct": 0.08418918918918919
      },
      "4br": {
        "median": 3221,
        "low": 3124,
        "high": 3317,
        "mom_pct": 0.9550000000000001,
        "yoy_pct": 1.71
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1502,
        "low": 1464,
        "high": 1539,
        "mom_pct": -4.410000000000001,
        "yoy_pct": 0.8464285714285715
      },
      "2br": {
        "median": 1560,
        "low": 1510,
        "high": 1610,
        "mom_pct": -7.220000000000001,
        "yoy_pct": -5.7044999999999995
      },
      "3br": {
        "median": 2046,
        "low": 1980,
        "high": 2111,
        "mom_pct": 4.5207999999999995,
        "yoy_pct": 4.7616
      },
      "4br": {
        "median": 3319,
        "low": 3219,
        "high": 3419,
        "mom_pct": 0.895,
        "yoy_pct": 1.78
      }
    },
    "single_family": {
      "1br": {
        "median": 1771,
        "low": 1726,
        "high": 1815,
        "mom_pct": -3.867142857142857,
        "yoy_pct": -1.5785714285714287
      },
      "2br": {
        "median": 1929,
        "low": 1881,
        "high": 1978,
        "mom_pct": -3.260625,
        "yoy_pct": -0.23187500000000005
      },
      "3br": {
        "median": 2165,
        "low": 2057,
        "high": 2273,
        "mom_pct": 0.23874316939890677,
        "yoy_pct": 3.2728961748633885
      },
      "4br": {
        "median": 2411,
        "low": 2315,
        "high": 2508,
        "mom_pct": -0.484700854700855,
        "yoy_pct": 2.2531623931623934
      }
    }
  },
  "vacancy": 3.4966,
  "days_on_market": {
    "apartment": 30,
    "condo_townhome": 29,
    "single_family": 23
  },
  "ai_summary": [
    {
      "headline": "1BR apartment rents up 4.6% MoM",
      "body": "In the Southern Highlands (89141, 89183) rental market, 1-bedroom apartments saw a 4.6% month-over-month increase, reaching a median rent of $1,614 and an 8.8% year-over-year rise as of August 2026. These consecutive gains highlight active growth in entry-level apartment rents within Southern Highlands (89141, 89183)."
    },
    {
      "headline": "2BR condos drop 7.2%, apartments lead by $295",
      "body": "For 2-bedroom units in Southern Highlands (89141, 89183), condos declined 7.2% month-over-month to $1,560, while apartments increased by 4.3% to $1,855. Apartments now lead condos by $295, demonstrating a clear divergence in pricing and short-term performance between the segments."
    },
    {
      "headline": "4BR single-family homes post 2.3% YoY growth",
      "body": "Among larger properties, Southern Highlands (89141, 89183) rental trends show 4-bedroom single-family homes reached $2,411, rising 2.3% year-over-year even as the segment edged down 0.5% month-over-month. This performance suggests incremental gains for investors focused on larger rental homes."
    }
  ],
  "summary": {
    "canonical": [
      "As of August 2026, rental prices in Southern Highlands, NV range from $1,502 to $3,319 per month depending on property type and bedroom count.",
      "The largest year-over-year increase occurred in 1BR apartments, which rose 8.75% over the past year.",
      "For 2-bedroom units, single-family homes have a median rent of $1,929, which is higher than apartments at $1,855."
    ],
    "qa": [
      {
        "question": "What is the typical range of rental prices in Southern Highlands, NV as of August 2026?",
        "answer": "Rental prices in Southern Highlands, NV range from $1,502 for a 1-bedroom condo/townhome up to $3,319 for a 4-bedroom condo/townhome as of August 2026."
      },
      {
        "question": "In Southern Highlands, NV, which bedroom count shows one property type dramatically outperforming the others in terms of rent?",
        "answer": "For 4-bedroom rentals in August 2026, condo/townhomes command the highest median rent at $3,319, outpacing apartments ($3,221) and single-family homes ($2,411) in this submarket."
      },
      {
        "question": "What is the most expensive property type and bedroom combination for renters in Southern Highlands, NV?",
        "answer": "The highest median rent is found in 4-bedroom condo/townhomes at $3,319 per month as of August 2026 in Southern Highlands, NV."
      },
      {
        "question": "What is the rent premium between apartments and condos/townhomes for the same bedroom count in Southern Highlands, NV?",
        "answer": "For 2-bedroom homes in August 2026, apartments have a median rent of $1,855, which is $295 higher than condos/townhomes at $1,560."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202608",
      "month_label": "August 2026",
      "rents": {
        "apartment": {
          "1br": 1614,
          "2br": 1855,
          "3br": 2102,
          "4br": 3221
        },
        "condo_townhome": {
          "1br": 1502,
          "2br": 1560,
          "3br": 2046,
          "4br": 3319
        },
        "single_family": {
          "1br": 1771,
          "2br": 1929,
          "3br": 2165,
          "4br": 2411
        }
      }
    },
    {
      "yearmonth": "202607",
      "month_label": "July 2026",
      "rents": {
        "apartment": {
          "1br": 1565,
          "2br": 1835,
          "3br": 2206,
          "4br": 3190
        },
        "condo_townhome": {
          "1br": 1571,
          "2br": 1765,
          "3br": 1990,
          "4br": 3290
        },
        "single_family": {
          "1br": 1842,
          "2br": 1993,
          "3br": 2145,
          "4br": 2424
        }
      }
    },
    {
      "yearmonth": "202606",
      "month_label": "June 2026",
      "rents": {
        "apartment": {
          "1br": 1557,
          "2br": 1810,
          "3br": 2180,
          "4br": 3164
        },
        "condo_townhome": {
          "1br": 1563,
          "2br": 1720,
          "3br": 1942,
          "4br": 3255
        },
        "single_family": {
          "1br": 1821,
          "2br": 1956,
          "3br": 2123,
          "4br": 2406
        }
      }
    },
    {
      "yearmonth": "202605",
      "month_label": "May 2026",
      "rents": {
        "apartment": {
          "1br": 1554,
          "2br": 1799,
          "3br": 2138,
          "4br": 3141
        },
        "condo_townhome": {
          "1br": 1568,
          "2br": 1750,
          "3br": 1913,
          "4br": 3216
        },
        "single_family": {
          "1br": 1793,
          "2br": 1971,
          "3br": 2077,
          "4br": 2395
        }
      }
    },
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1530,
          "2br": 1789,
          "3br": 2158,
          "4br": 3137
        },
        "condo_townhome": {
          "1br": 1503,
          "2br": 1750,
          "3br": 1914,
          "4br": 3195
        },
        "single_family": {
          "1br": 1778,
          "2br": 1930,
          "3br": 2058,
          "4br": 2384
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1575,
          "2br": 1815,
          "3br": 2155,
          "4br": 3145
        },
        "condo_townhome": {
          "1br": 1515,
          "2br": 1621,
          "3br": 1878,
          "4br": 3190
        },
        "single_family": {
          "1br": 1772,
          "2br": 1940,
          "3br": 1994,
          "4br": 2363
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1560,
          "2br": 1813,
          "3br": 2164,
          "4br": 3172
        },
        "condo_townhome": {
          "1br": 1498,
          "2br": 1671,
          "3br": 1882,
          "4br": 3205
        },
        "single_family": {
          "1br": 1777,
          "2br": 1940,
          "3br": 1996,
          "4br": 2362
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1584,
          "2br": 1838,
          "3br": 2167,
          "4br": 3197
        },
        "condo_townhome": {
          "1br": 1517,
          "2br": 1635,
          "3br": 1893,
          "4br": 3227
        },
        "single_family": {
          "1br": 1788,
          "2br": 1948,
          "3br": 2018,
          "4br": 2366
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1529,
          "2br": 1780,
          "3br": 2138,
          "4br": 3220
        },
        "condo_townhome": {
          "1br": 1472,
          "2br": 1622,
          "3br": 1923,
          "4br": 3251
        },
        "single_family": {
          "1br": 1799,
          "2br": 1913,
          "3br": 2051,
          "4br": 2378
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1538,
          "2br": 1753,
          "3br": 2164,
          "4br": 3225
        },
        "condo_townhome": {
          "1br": 1460,
          "2br": 1711,
          "3br": 1931,
          "4br": 3270
        },
        "single_family": {
          "1br": 1807,
          "2br": 1908,
          "3br": 2051,
          "4br": 2372
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1541,
          "2br": 1793,
          "3br": 2142,
          "4br": 3214
        },
        "condo_townhome": {
          "1br": 1512,
          "2br": 1698,
          "3br": 1932,
          "4br": 3277
        },
        "single_family": {
          "1br": 1810,
          "2br": 1934,
          "3br": 2067,
          "4br": 2367
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1501,
          "2br": 1770,
          "3br": 2206,
          "4br": 3194
        },
        "condo_townhome": {
          "1br": 1464,
          "2br": 1696,
          "3br": 1940,
          "4br": 3275
        },
        "single_family": {
          "1br": 1808,
          "2br": 1936,
          "3br": 2056,
          "4br": 2357
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/southern-highlands-nv/",
    "self": "https://data.estaite.com/feeds/southern-highlands-nv.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}