What is the rental vacancy rate in Las Vegas, NM?

Name: Vacancy rate in Las Vegas, NM, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The rental vacancy rate in Las Vegas, NM is 6.2% (±4.3 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.9% (±1.2 points).

1,003 (±235) homes, 14.4% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Las Vegas, the rental vacancy rate went from 11.7% in 2015–2019 to 6.2% in 2020–2024 (−5.5 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Rental vacancy rate: 6.2% (±4.3 points)
Homeowner vacancy rate: 0.9% (±1.2 points)
Vacant homes: 1,003 (±235)

Vacancy in Las Vegas against San Miguel County, its state and the nation

Estimate (90% margin of error)
	Las Vegas	San Miguel County	New Mexico	United States
Rental vacancy rate	6.2% (±4.3 points)	5.8% (±4.0 points)	5.9% (±0.4 points)	5.5%
Homeowner vacancy rate	0.9% (±1.2 points)	0.6% (±0.6 points)	1.0% (±0.1 points)	0.9%
Vacant housing units	1,003 (±235)	2,936 (±370)	119,550 (±2,688)	14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Las Vegas, the rental vacancy rate is not measurably different from San Miguel County (5.8%).

It is not measurably different from New Mexico (5.9%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Las Vegas

Nearest places with a published estimate, compared with Las Vegas
Place	Distance	Rental vacancy rate	Compared with this place
Las Vegas	—	6.2% (±4.3 points)	—
Pecos	26 mi	0.0% (±22.9 points)	Not measurably different
Cañoncito	35 mi	0.0% (±34.5 points)	Not measurably different
Wagon Mound	40 mi	0.0% (±36.2 points)	Not measurably different
Eldorado at Santa Fe	41 mi	0.0% (±30.6 points)	Not measurably different
Tesuque	41 mi	0.5% (±1.3 points)	Lower
Santa Fe	43 mi	4.5% (±1.4 points)	Not measurably different
Tano Road	44 mi	0.0% (±84.8 points)	Not measurably different
Agua Fria	45 mi	0.0% (±5.3 points)	Not measurably different

Nearby places with a measurably lower figure: Tesuque, NM (0.5%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Las Vegas

Is it hard to find a rental in Las Vegas?

The rental vacancy rate in Las Vegas, NM is 6.2% (±4.3 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Las Vegas tighter than it was?

In Las Vegas, the rental vacancy rate went from 11.7% in 2015–2019 to 6.2% in 2020–2024 (−5.5 percentage points), not a measurable change.

How many homes are vacant in Las Vegas?

An estimated 1,003 (±235) housing units, 14.4% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Las Vegas city, New Mexico (place:39940, in state:35).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.