Pandemic Apartment Construction is Finishing. Now What?

New Apartments Are Taking Longer to Fill Up

Remember how hard it was to find an apartment during the pandemic? Well, things are finally getting back to normal. New data shows that just over half of newly built apartments are finding renters within their first three months on the market. This is a big change from the crazy rush we saw during COVID-19.


Different Stories in Different Parts of the Country

The Northeast is doing surprisingly well – about two-thirds of new apartments there are getting rented quickly. But the South, especially Florida and Texas, is telling a different story. Builders went all-in on new apartments there during the pandemic when everyone was moving south. Now they might have built too many, too fast. Only about half of these new southern apartments are finding renters quickly.


Bigger Apartments Are a Hot Ticket

Here's something interesting: the biggest apartments (those with three or more bedrooms) are the easiest to rent out. About 63% of them find renters quickly, even though builders are making more of them than before. This makes sense when you think about how many people still work from home and want extra space.


Studio apartments, on the other hand, are having a harder time. Only half of them are finding renters in their first three months. One and two-bedroom apartments aren't doing much better.


What This Means for Potential Renters

If you're looking to rent, this is actually good news. With more apartments available and fewer people rushing to rent them, you might have:

  • More choices when apartment hunting
  • More room to negotiate your rent
  • Better chances of finding move-in specials and deals
  • The opportunity to rent a home instead of an apartment


Apartment complexes know this too. Many are offering special deals or lower rents to attract tenants. This is especially true in places like Florida and Texas, where lots of new apartments are opening up.


Looking Ahead

The apartment market is finally cooling down after the pandemic rush. Builders are slowing down too – they're starting fewer new apartment projects than last year. This means we're heading toward a more normal, balanced market where neither landlords nor renters have all the power. For 2025, this likely means better opportunities for renters, especially in areas with lots of new apartments. While finding an apartment isn't exactly easy, it's definitely not as stressful as it was during the pandemic. The best part? This calmer market means you can take more time to find the right place instead of having to grab the first apartment you see. Whether you're looking for your first apartment or thinking about moving to a new one, 2025 might be your year to find a great deal.

July 21, 2025
McKenna Property Management is proud to have earned over 800 five-star reviews on Google — real feedback from property owners, investors, agents, and tenants all across Las Vegas who’ve experienced the difference working with us makes. Led by our owner and broker Jenni McKenna, with over 30 years of local real estate experience, we focus on making property management smooth, efficient, and refreshingly personal. We don’t believe in one-size-fits-all service or sending you in circles with automated systems. When you call our office, you’ll get a live person on the phone — not a robot or endless phone tree. Our team is organized into specialized departments, so whether it’s leasing, maintenance coordination, accounting, or HOA coordination, you’re always connected with the right person who knows how to help. That means quicker responses, clearer communication, and less frustration all around. Owners and investors trust us to handle everything from marketing and tenant screening to rent collection and repairs, helping maximize returns without the usual headaches. Agents feel confident referring clients to us because they know we respect their relationships — when it’s time for their clients to buy or sell, we never interfere or poach. Our focus remains solely on providing top-tier property management, while preserving and protecting their business. And tenants enjoy well-maintained homes, easy online systems, and a team that truly listens and responds. At McKenna Property Management, we treat every property like it’s our own and every person like part of our community. If you’re looking for reliable, experienced property management in Las Vegas with real people and real results, we’d love to connect.
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Tucked at 1028 Fremont Street, Fergusons Downtown is where the spirit of old Vegas meets the creativity of a new generation. Once a mid-century motel, the property has been transformed into a vibrant community hub that pulses with life, art, food, and connection - a must-visit for anyone seeking the authentic soul of Las Vegas beyond the glow of the Strip. Originally the Franklin Motel in the 1940s and later renamed Fergusons Motel in the ’60s, the site was reimagined in 2019 by the late Tony Hsieh’s Downtown Project. What was once a simple roadside motel is now a full city block dedicated to innovation, small business, and creative risk-taking. The former motel rooms have been turned into studios and retail spaces, now home to an eclectic mix of local businesses. You’ll find everything from Neon Cactus Vintage to plantlovers’ haven LV Plant Collective. For foodies, Fergusons delivers with the Vegas Test Kitchen, a rotating lineup of pop-up culinary concepts that keep things fresh. Highlights include Mothership Coffee Roasters (offering everything from vegan pastries to charcuterie), La Monja for ceviche and housemade tortillas, and Hatsumi for seafood and sake with a Japanese twist. Cocktail lovers can settle into F the Bar, a cozy greenhouse-style lounge serving drinks like the hibiscuslavender “Vegas Playground.” At the center of the space is Big Rig Jig—a towering, 50-foot sculpture made from repurposed oil tankers. It’s bold, unexpected, and the perfect metaphor for what Fergusons stands for: turning the ordinary into something unforgettable. The community vibe continues in The Yard, a grassy gathering space that hosts jam sessions, yoga classes, comedy nights, open mics, and weekend markets. Monthly events like the Hey Maker Market and Pour in the Alley spotlight local artisans, performers, and mixologists, making every visit feel new. Fergusons Downtown isn’t just a redevelopment project—it’s a living ecosystem. It’s where artists, entrepreneurs, families, and visitors collide over coffee, cocktails, creativity, and conversation. It’s a place that proves Vegas is more than casinos and clubs; it’s a city full of soul. If you're ready to experience a different kind of Las Vegas—one rooted in community, creativity, and a touch of magic—step into Fergusons and see what’s blooming in the heart of downtown.
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