Cash Flow Investing in Las Vegas, NV
Data-driven cash flow analysis for Las Vegas, NV — score breakdown, key investment metrics, and how it compares to other markets.
Last updated: May 2026
Score Breakdown
Key Metrics for Cash Flow
Cap Rate
4.8%
Moderate
Rent-to-Price
0.42%
Below 1% rule
Vacancy Rate
9.5%
Elevated
Property Tax
0.60%
Very low
Cash Flow Investment Thesis
Las Vegas offers no state income tax and low property taxes, boosting effective returns. The economy has diversified beyond gaming into tech and sports, but tourism sensitivity remains a risk.
How Las Vegas Compares
| Rank | City | Cash Flow Score | Cap Rate | Median Price |
|---|---|---|---|---|
| #35 | Houston, TX | 3.7 | 6.3% | $265,000 |
| #36 | Chicago, IL | 3.5 | 6.0% | $275,000 |
| #37 | Dallas, TX | 3.5 | 5.7% | $340,000 |
| #38 | Austin, TX | 3.4 | 4.3% | $450,000 |
| #39 | Seattle, WA | 3.4 | 3.8% | $720,000 |
| #40 | San Diego, CA | 3.4 | 3.5% | $820,000 |
| #41 | Las Vegas, NV | 3.4 | 4.8% | $380,000 |
Showing markets ranked near Las Vegas for this strategy.
Quick Math: Estimated Annual Return
Based on median market data. Your actual returns will vary based on specific property, financing, and management costs. Always run your own analysis before investing.
Frequently Asked Questions
What is the cash flow score for Las Vegas, NV?
Las Vegas, NV scores 3.4 out of 10 on our cash flow score, ranking #41 out of 52 markets we track. Weighted composite: rent-to-price ratio (30%), cap rate (30%), low vacancy (20%), low property taxes (20%). Scale 0–10.
Is Las Vegas a good city for cash flow investing?
Las Vegas, NV ranks #41 for cash flow investing with a score of 3.4/10. While not a top-ranked market for this strategy, it may have strengths in other investing approaches.
What is the average cap rate in Las Vegas?
The average cap rate in Las Vegas, NV is 4.8%. The median home price is $380,000 with a median monthly rent of $1,600, resulting in a rent-to-price ratio of 0.42%.
What are the property taxes in Las Vegas?
The effective property tax rate in Las Vegas, NV is 0.60%. On a $380,000 property, that translates to approximately $2,280 per year in property taxes.
How does Las Vegas compare to other cash flow markets?
Among our 52 tracked markets, Las Vegas, NV ranks #41 for cash flow investing. Other markets may be stronger for this particular strategy, though it may excel in different approaches.
Does Las Vegas meet the 1% rule?
Las Vegas, NV has a rent-to-price ratio of 0.42%, which falls significantly below the 1% rule. However, the 1% rule is a rough guideline — individual deals can still cash flow well in this market.
Run Your Own Numbers for Las Vegas
Use our free calculators pre-filled with Las Vegas, NV market data, or adjust the numbers for your specific deal.
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