Las Vegas Rental Market: Signs of Strength Amid Mixed Predictions

The Las Vegas rental market has been the subject of conflicting reports lately—some headlines suggest a rebound, while others caution that rents may remain flat or even decline due to the amount of rental inventory. However, at McKenna Property Management, we’ve been tracking a clear upward trend since January, and the numbers tell a promising story.


Our renewal rents have seen on average a steady 3% increase, and we’re optimistic that this number could inch closer to 5% as the year progresses. Additionally, we’re seeing more properties successfully re-enter the market with an average day on market being less than 24, further supporting the idea that demand remains strong. Las Vegas continues to attract people to move here.


Of course, outliers exist, but I personally haven’t had to make too many of those dreaded calls to owner/clients recommending a rent reduction. In most cases, rental rates are holding firm or improving—a positive sign as we move further into 2025.


While market conditions can always shift, the overall outlook remains favorable, and we’re keeping a close eye on trends to ensure our owners stay ahead of the curve. Stay tuned for more updates as we continue navigating this dynamic market!


Jenni McKenna | B.29819 — McKenna Property Management

Super Summer Theatre 2025: A Season Under the Stars

By Nicholas Simms • July 7, 2025
If you're looking for something truly special to do this summer near Las Vegas, head west to Spring Mountain Ranch for the 50th season of Super Summer Theatre! This beloved outdoor theatre tradition brings live musicals to the scenic Red Rock Canyon backdrop, just 10 miles from the Strip. The 2025 lineup is a crowd-pleaser: • May–June: Joseph and the Amazing Technicolor Dreamcoat returns after 25 years • July: The SpongeBob Musical makes its SST debut.  • August: Legally Blonde keeps things pink and powerful. • September: Singin’ in the Rain closes out the season with a classic. Gates open at 5 PM, shows start at 8:05 PM (7:35 in September). Bring a blanket, grab some snacks, and enjoy a show under the desert sky. Tickets start at $25, and VIP meadow seating is available. It’s fun, family-friendly, and pure Nevada summer magic. For tickets and details: supersummertheatre.org

Celebrating Safely: Happy Fourth of July!

June 30, 2025
With the 4th of July just around the corner, we’re all looking forward to celebrating our nation’s independence safely, legally, and respectfully Please note that illegal fireworks are strictly prohibited —regardless of whether or not you live in a community with an HOA. The use of illegal fireworks is against the law and can result in serious consequences, including fines and potential criminal charges For those living in HOA communities, the stakes are even higher. Any use of illegal fireworks may result in a minimum $1,000 fine issued by your HOA , in addition to any penalties from law enforcement. These fines are the resident's responsibility. We appreciate your cooperation in keeping our neighborhoods safe and peaceful for everyone to enjoy. Let’s all celebrate responsibly and avoid any unnecessary fireworks trouble!

We Love Agents!

June 24, 2025
Since 2005, McKenna Property Management has been proudly serving the Las Vegas community. We are grateful for the opportunity to assist real estate investors with renting out their homes, while also helping individuals and families find the perfect place to call home. We recognize that none of this would be possible without the hard work and dedication of Las Vegas real estate agents. That’s why we’ve created a referral program as a small token of our appreciation. When agents bring us tenants or refer new clients to our property management services, they are eligible for a referral upon lease signing.  You can view the full breakdown of our agent referral program here. We truly value the partnerships we’ve built with agents across the valley and look forward to continuing to work together to serve our community!
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