Las Vegas Valley needs 5K new apartments a year to address housing shortage, report says

Las Vegas Valley needs 5K new apartments a year to address housing shortage, report says

The Las Vegas metro area needs to build approximately 5,000 apartment units a year for the foreseeable future to make itself an affordable city for renters. A recent National Multifamily Housing Council report which looks at the housing gap in major metros in each state also estimates it would take more than a century of building to address the housing and rental shortage in Las Vegas at its current pace.

Source: Las Vegas Review-Journal

Indexed: Thu, 27 Aug 2026 15:20:53 UTC

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