Mesquite, Nevada Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Mesquite, Nevada rental market.
Mesquite, Nevada
Average Apartment Rent
$1,187
As of November 2024
Mesquite, Nevada Average apartment rent trend
Mesquite, Nevada Average Apartment Rent
Mesquite, Nevada Apartment rent ranges
At 81.55%, apartments priced $1,000 - $1,500 represent the bulk of Mesquite, Nevada rentals, while condos priced $700 - $1000 hold the lowest share of the market – 18.45%.
Mesquite, Nevada Housing tenure**
Renters take up 21% of Mesquite, Nevada real estate, occupying a total of 1,928 units, while homeowners live in 7,120 properties.
Median number of rooms of renter-occupied housing units**
4.6
Renter median household income**
$43,913
Average household size of renter-occupied housing units**
2.42
Rental vacancy rate**
8.7%
Mesquite, Nevada Renter-occupied housing units by no. of bedrooms**
There are 1,089 rentals in Mesquite, Nevada with 2 beds making up the highest share of the market, at 56%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 18 units. Overall, the median number of rooms in Mesquite, Nevada homes for rent is 4.6.
Mesquite, Nevada Renter-occupied units by age of householder**
Most condos for rent in Mesquite, Nevada are occupied by residents in the 45 - 54 years age group (18%), followed by those in the 65 - 74 years age group (17%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 5%.
Mesquite, Nevada Renter-occupied housing units by family type**
Mesquite, Nevada Renter-occupied housing units by the presence of own children**
A total of 1,140 apartments for rent in Mesquite, Nevada, or 59% of all rentals are family households. Additionally, 24% of rental homes include children under the age of 18 – that’s 460 units. All in all, the median size of a renter-occupied household in Mesquite, Nevada is 2.42.
Mesquite, Nevada Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 16% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Mesquite, Nevada.
Mesquite, Nevada Renter-occupied units by year structure built**
The highest share of Mesquite, Nevada apartment rentals, namely 42% or 814 units, were Built 1990 - 1999, followed by those Built 2000 - 2009 (35%, 672 units), and the ones Built 1980 - 1989 (13%, 255 units).
Mesquite, Nevada Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Mesquite, Nevada renters (47%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Mesquite, Nevada condos for rent is 2017.
Mesquite, Nevada Renter-occupied housing units by vehicles available**
When it comes to transportation options, 50% of Mesquite, Nevada renters have 1 vehicle available per household, 35% of them have 2 vehicles available, and 9% have No vehicle available.
Mesquite, Nevada Means of transportation to work of householders living in renter-occupied housing units**
Mesquite, Nevada Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Mesquite, Nevada apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
