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Friday, September 20, 2013

Las Vegas among Cheapest US Cities for Home Rentals

Kiplinger, a financial news publisher, released a report ranking Las Vegas as the second-most affordable big city in the country for home renters. The Las Vegas Valley has the largest renter population and rental vacancy rate, as well as the highest income among renters of the 10 markets listed in the report.
Raleigh, N.C. is the only city in the report that placed ahead of Las Vegas because of its very low average rent of $640 and its affordable cost of living (7.4 percent below the national average). Las Vegas comparatively has an average monthly rent of $776 with a cost of living that is 0.1% below the national average.

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