Let’s cut to the chase—yes, but only if you play it smart.
July 2025 is shaping up to be a strategic window for long-term investors. Here’s a breakdown of what’s happening right now in the Las Vegas rental market—and what it means for your buy-and-hold strategy:
After months of ultra-tight inventory, we’re seeing a slight uptick in listings, especially in suburban areas like North Las Vegas and parts of Henderson. This isn’t a flood, but it’s just enough to create negotiating opportunities for investors with strong offers and quick closing timelines.
Rents across the valley have stabilized—but they’re still elevated. Median rents for single-family homes in good school zones remain strong, and demand for well-maintained 3-bed/2-bath homes is consistent, especially in areas near major employers.
Pro tip: If you’re using a local property manager, make sure they’re adjusting rent pricing regularly to stay in line with comps—especially if your lease renewals are coming up.
In the sub-$400K market, we’re still seeing cap rates in the 6–8% range, depending on neighborhood, condition, and rentability. Newly remodeled homes, even with a slightly higher price tag, are renting faster and attracting better tenants.
If you're looking for turnkey, look toward the southwest or Inspirada. If you’re more of a value-add buyer, properties in the east side or near UNLV might offer room for forced appreciation.
July isn’t about chasing appreciation—it’s about locking in strong cash flow while the competition is still cautious. There are still plenty of off-market and underpriced gems out there… if you know where to look.