Proportion of Nevada Renter Households Increases

About 446,000 of a total estimated 1,006,000 Nevada households are renters, according to 2010-2014 five-year estimates from the American Community Survey. This means about 44% of Nevada households rented their home.  The estimated number and proportion of renter households has increased as compared to the 2005-2009 time-period when about 371,000 of 944,000 households rented their home (39%). While total households increased by about 7% over the period, owner-occupied households decreased slightly and renter households increased by 20%.

The pie chart illustrates the type of structure households rented. About 36% of Nevada renter households lived in single family detached homes, while about 42% were in a multi-family apartment property of five or more units. Nineteen percent of renter households lived in a single-family attached home, a duplex, triplex or quad. Three percent of renter occupied units were  in manufactured housing and several hundred households lived in a boat, RV, van or other non-traditional housing.

When comparing the two time-periods one of the most striking changes was an increase of over 40% in the number of households renting single family homes.  The number of households renting a multi-family apartment increased 10%.