Midtown UNLV Eviction Risk: Elevated

The strongest single driver of the headline number is tenant-organizing strength at 9.6/10. Severe burden reaches 27%. A tenant at that level absorbs no shock: one cut shift or one repair bill converts directly into arrears. 78% of occupied units are rented, so comparables are plentiful and vacancy risk is low, but a mispriced renewal loses the tenant to a building two streets over.

Well under the midpoint is supply constraint, at 1.8/10. On the high side is rent-regulation exposure at 8/10.

The poverty rate is 22%. Judgments in high-poverty tracts are collectible far less often than the filing statistics suggest. CDC survey data puts housing insecurity at 24.0% of adults, against 14.2% nationally. Internally this is not one market. Tract scores span 6.6 to 7.6, so two buildings inside the same boundary can carry materially different risk.

16.3% of adults report being unable to pay a utility bill, against a 9.2% national figure. Utility arrears usually lead rent arrears by a month or two. Average gross rent is $1,185, 14% below the Paradise average of $1,372.

Social vulnerability runs high at 9.1/10, concentrating the disaster- and displacement-exposure this model treats as a lagging risk input. Annual rent works out to 31% of average household income of $46,516.

Underwrite the address, not the area: with 1 points between its best and worst tract, the per-tract table below is the operative number. The number is rebuilt whenever its ACS, court-record, or statutory inputs change.