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Apartment vacancies rise once more in Las Vegas

Demand is softening as several new communities open their doors
CoStar Analytics
December 16, 2025 | 9:19 P.M.

After building a significant amount of momentum in 2024, the Las Vegas multifamily market has reversed course this year, with the vacancy rate breaching double digits in the process.

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News | Apartment vacancies rise once more in Las Vegas