18b: The Las Vegas Arts District Eviction Risk: Moderate

Average gross rent is $914, 42% below the Las Vegas average. SNAP participation runs 36.4% against 15.2% nationally.

The main counterweight is supply constraint at 1/10. 87% of occupied units are rented, so comparables are plentiful and vacancy risk is low, but a mispriced renewal loses the tenant to a building nearby. Annualized rent equals 41% of average household income of $26,897, past the 30% affordability line, which thins the margin any screening standard has to work with.

Running hot, court filing pressure reads 8.9/10. The poverty rate is 28%. Judgments in high-poverty tracts are collectible far less often than filing counts suggest. Housing insecurity runs 27.6% against 14.2% nationally.

Running cool, rent-regulation exposure reads 2/10. Cost burden runs 46% here against 50.7% across Clark County.

Against the Clark County average of 4.7, this tract reads riskier for landlords by 0.7 points. Nationally it ranks #24,859 of 84,120 for landlord eviction difficulty. CDC social-vulnerability scoring puts the tract at 9.6/10.

Statewide the NV average is 4.5, so this tract runs 0.9 points hotter. Of its three components the socioeconomic standing measure is the most pressured.

These are ACS 5-year estimates; the score moves when the ACS, court-record, or statute inputs behind it move.