Property management for Las Vegas rental owners, with every number in writing
Las Vegas Realty leases and manages rental homes across the valley. You'll see our fees, the rent we'd list at, and the reasoning behind both before you sign anything.
What we handle for you
Las Vegas Realty's management service covers the full leasing and operating cycle of a rental: marketing, tenant screening, rent collection, maintenance coordination and owner reporting. Your management agreement spells out which decisions come back to you.
Marketing & leasing
We set the rent from comparable leases, market the home, and handle applications through to a signed lease. Advertised rent is one all-in figure, as Nevada now requires.
Tenant screening
Every applicant is screened before a lease is offered, consistently and within federal and Nevada fair housing law. Nevada protects more classes than federal law does.
Rent collection & accounting
Rent and deposits are held in a Nevada trust account, as NRS 645.310 requires. Statements and reports are in your AppFolio owner portal.
Maintenance coordination
Tenants submit requests online, and emergencies go straight to the office phone. We coordinate vendors and the work, within repair-approval terms set in your management agreement.
Owner reporting
Statements, reports and owner communication in one place: the owner portal. You don't have to call to find out where your money went.
Nevada-specific process
Notices, deposit accountings and entry notices follow NRS 118A and NRS 40 timelines. Read the plain-English summary in our Nevada landlord law guide.
Las Vegas rents are flat. Pricing a rental correctly matters more right now.
The typical observed rent across the Las Vegas metro was $1,742 in August 2026, a change of +0.1% from a year earlier (Zillow Observed Rent Index). When rents aren't rising, a home listed above the market doesn't catch up. It sits vacant, and each vacant day at that rent costs about $57.
$1,712/mo
Typical rent, August 2026. 12-month change +0.2%. 5-year change +8.9%.
$1,806/mo
Typical rent, August 2026. 12-month change +0%. 5-year change +6.3%.
$1,889/mo
Typical rent, August 2026. 12-month change +0%. 5-year change +13.3%.
Source: Zillow Observed Rent Index (ZORI), smoothed, all homes plus multifamily, city level, August 2026. The index describes the typical asking rent for new leases. Your home's rent depends on its size, condition, HOA and exact location. Look up your ZIP code.
Run the numbers before you talk to anyone
Each tool explains its assumptions and shows its math. None asks for your email.
Management fee comparison
Enter up to three quotes. See the total cost over 1 to 10 years, including leasing, renewal and markup fees.
Compare quotes →Rental cash flow & owner net income
Rent, vacancy, HOA, taxes, reserves and fees in, then monthly cash flow, cap rate and break-even rent out.
Estimate cash flow →Rent or sell
Compare selling now with renting for several years, with the home-sale tax exclusion deadline flagged.
Compare options →Vacancy cost & pricing trade-off
What each empty day costs, and whether a lower asking rent pays for itself.
Price it right →Rent benchmarks by ZIP
Typical rent and 12-month trend for 59 Clark County ZIP codes, with the data source cited.
Look up a ZIP →Switching checklist
Every document, deposit and notice to collect when you leave a property manager, in order.
Open checklist →What changed for Las Vegas landlords in 2025–2026
Rent must be advertised all-in
Listings, ads and leases must show one rent figure that includes every mandatory fee (NRS 118A.200, as amended by AB 121). The law also changed application-fee refunds and payment-method rules.
HOAs gained rental-restriction power
Under the rewritten NRS 116.335 (AB 396), an HOA whose declaration allows it can restrict rentals when lender or insurer requirements justify it. Check your community before you buy or list.
Summary eviction remains
A 2025 bill that would have changed the order of filing (AB 283) was vetoed. The 7-judicial-day pay-or-quit notice under NRS 40.253 still starts the process.
From first call to first rent payment
- Tell us about the property. Send the address, the current lease status and your goals. It takes about two minutes on the proposal form.
- Rent opinion and walk-through. We compare recent leases near you and look at the home's condition, so the price and any make-ready work are grounded in facts.
- Written proposal. You get the services, every fee, and a sample management agreement. Nevada requires a signed agreement covering the term, fees, deposits and cancellation (NRS 645.6056).
- Onboarding. We set up your owner portal, collect keys and documents, and transfer any tenant deposits into our trust account. Switching from another manager? We handle that handoff too.
- Leasing or takeover. Vacant homes go to market. Occupied homes get a welcome letter to the tenant with new payment instructions.