Head on over to Business Insider to find out how much it cost to rent a 2 bedroom home in your state.
I would say that seems about right. Currently Las Vegas is at that stage again where it’s cheaper to buy a home than it is to rent. I have friends and family members who are looking to buy a home. Rent is going up and to them it doesn’t make sense to pay that much money when they can buy a home with more space. Las Vegas is a very volatile market in real estate so I would be very careful to buy if you are not planning to live here for a while. We lucked out on ours because we bought ( I sold my townhome) during the recession.
Is the map accurate for your area?