Though experts predict 2024 could finally see more stable rents after rapid cost increases in recent years, many Nevada tenants are still feeling the strain as rents continue to outpace what is affordable for a person earning the median income in Nevada.

Average rents for apartments in Las Vegas finally have stopped climbing after nearly doubling in the past decade.

Average rents in Nevada started to tick downward, but for many renters who struggled with fast and sharp rate increases over the last few years, it doesn't feel like relief.

A new report indicates that rental costs are outstripping most workers' income, and about a quarter of Reno and Las Vegas' workforces cannot afford the mortgage payment on a median-priced home in those areas.

As Nevadans grapple with burdensome rent hikes, wage stagnation and an acute housing shortage, the once-unseemly topic of rent control is making its way into conversations across every level of Nevada government.

Amid punishing rent hikes and an affordable housing shortage, a new Nevada Independent/OH Predictive Insights poll indicates that Nevadans across the political spectrum support rent control policies.

Though Gov. Steve Sisolak and other state leaders have touted Nevada as having the nation's best economic momentum out of the pandemic, many residents are struggling to make ends meet amid a steep rise in rental and home prices.

"We would always prefer for those dollars to be out the door as quickly as humanly possible," State Treasurer Zach Conine told The Nevada Independent.

Though the high court's late Thursday decision places hundreds of thousands of tenants across the country at risk of eviction, Nevada tenants are still protect by AB486.

An increasing number of cash purchasers are driving up the pressure and squeezing out would-be purchasers reliant on loans and mortgages.  

Record-breaking temperatures swept across the West last week. This week's Indy Environment newsletter looks at access to an essential service: A/C.

Nevada housing advocates claimed a victory this week after the Biden administration declared a 30-day extension of a nationwide eviction moratorium, but also warned that at-risk tenants will continue to fall through the cracks if they are unaware of their rights or the legal protocols they need to follow to get assistance.

Trade groups representing property owners came out in strong opposition against the measure. Their opposition was summed up by Southern Nevada property manager Molly Hamrick, who said the bill would only serve to "keep landlords from providing a product in the marketplace that tenants desperately need."

Supporting housing acquisition for formerly incarcerated people is essential for preventing recidivism and establishing re-entry into the community, Neal said during the bill's first hearing in late March. She added that the housing protections will also combat the disproportionate effect of mass incarceration on communities and families of color.

She likened the summary eviction process to tenants having to sue for the right to defend themselves, and said by the best estimates of process servers, only 10 percent of tenants served such notices fight back.

But on Monday, both housing advocates and landlords said they support proposed legislation that would give renters more of a heads up on rent increases, even as there was a less warm reception for a bill that would create a statewide landlord database and registry.

The discussion, which laid bare starkly different visions of how the state should be intervening in housing policy during the pandemic, comes at a time when home values are at record highs and homes are in short supply.

Southern Nevada apartment rents increased significantly in the last quarter of 2020, rebounding from a decline earlier in the year and surpassing pre-pandemic highs, according to a new report from the Nevada State Apartment Association (NVSAA).