Las Vegas, NM Real Estate

According to census data in the year 2000 there were 6,377 housing units in Las Vegas. This represents a 11.6% growth from 5,716 in 1990.

Of those housing units, 6,350 were located in either urbanized areas or urban clusters, and 27 were located in what is classified as a rural area.

Homeownership rate in Las Vegas is about 64.3%. Las Vegas's vacancy rate, including seasonal lodging, is about 12.4%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Las Vegas were built after 1970.


Housing Size

Housing Units by Size
Studio Type3.10%
One Bedroom16.90%
Two Bedrooms30.80%
Three Bedrooms39.60%
Four Bedrooms8.30%
Five Bedrooms or more1.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.69
Median year structure was built1970
Median Value of occupied units$87,100
Median Price asked for vacant units$93,700

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1970
Median Monthly Rent asked for vacant units$357

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.20%
Home Equity Loan1.70%
Simple Mortgage49.60%
Debt Free43.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21%