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FACT BRIEF

Is inflation the single reason Nevada’s unhoused population was up in 2023?

By CJ Keeney on 08/30/2023

NO

Similar to any demographic, the unhoused population in Nevada — as well as how people became unhoused — is complex and multifaceted. As a result, the reasons for the overall increase of homelessness statewide reported in 2023’s latest point-in-time count are varied as well.

Overall, the population across the state has increased, meaning the number of people experiencing homelessness could be a byproduct of Nevada's total population increasing by more than 2% from 2020 to 2022.

Nevada’s unique summary eviction process, the recent expiration of COVID-19 eviction protections and the lack of affordable and supportive housing units are also among the reasons experts say there are increased rates of homelessness this year.

Though rents are decreasing and vacancy rates are increasing, the average rent for Nevadans is still above what is considered affordable — 30% of the average resident’s monthly income, according to the Department of Housing and Urban Development.

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