HOW LONG WILL IT TAKE TO RENT MY PROPERTY? - Las Vegas is currently enjoying a tremendous growth spurt. Vacancy factors throughout the city are well below 5%. The fastest turn without having a tenant previously lined up has been 1.5 hours. The average time is about 21 days. Many factors influence demand. The biggest of course will be price. Price actually has two faces. Price as compared to other similar properties, and price in and of itself. If the subject rental is $2,500.00 per month, there is a much smaller market from which to draw a qualified tenant than for a property priced below $1000.00 per month. This means that usually it will take longer to rent a property with a higher rental price.
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