Local News


Rent up, vacancy down at properties around Nev.

Posted at 8:34 PM, Apr 19, 2016
and last updated 2016-04-19 23:34:28-04

It may be getting more difficult to find affordable housing in Nevada.

A report by the Nevada Housing Division found rent at once affordable properties has jumped 11 percent since 2013.

The study also finds average vacancy rates have declined statewide from 7 percent in 2013 to 4 percent last year.

73 percent of properties also reported a waiting list.