The Silver State is the nation’s most unaffordable housing market for extremely low-income households.
Nevada is the worst state for extremely low-income renters, according to a report from the National Low Income Housing Coalition, reports Haajrah Gilani for the Las Vegas Sun. The state has 14 affordable and available rental units for every 100 extremely low-income renter households, Gilani adds.
“The housing market in Nevada faces unique challenges because of its role as a tourist destination, said Maurice Page, executive director of the Nevada Housing Coalition. He added that the state’s housing market had failed to meet the needs of its growing population.” Median rent in Clark County, which includes Las Vegas, rose from $937 per month in 2021 to $1,377 in 2024. The homeless population captured by the city’s homelessness census grew from 5,083 in 2021 to 7906 in 2024.
In her campaign for President, Vice President Kamala Harris is promising to implement policies that will increase the housing supply, support first-time homebuyers, and limit the powers of corporate landlords. While federal policies can’t always directly impact local housing supplies, the emphasis on housing signals a willingness to employ tools at the federal level that can move the needle on the housing crisis and support renters and homebuyers.
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