From Renter to Homeowner in Las Vegas: When Is It Time to Make the Switch?

If you’re currently renting in Las Vegas, you’ve probably asked yourself this question:

“Should I keep renting… or is it time to buy?”

In 2026, more renters in Las Vegas and Henderson are making the move to homeownership — and many are surprised to learn they qualify sooner than they thought.

The truth is: Most renters don’t buy because they can’t. They don’t buy because they think they can’t.

1. Are You Paying More in Rent Than a Mortgage Would Cost?

In many areas of Las Vegas, monthly rent for a 3-bedroom home ranges from $2,000 to $2,500. In certain price points, that monthly payment could be comparable to owning — especially when interest rates stabilize, and sellers offer concessions.

When you rent: Your payment builds someone else’s equity.

When you own: Your payment builds yours.

2. You Don’t Always Need 20% Down

One of the biggest myths renters believe: “I need 20% down to buy.”

That’s not true.

Many buyers in Las Vegas qualify with:

• 3%–5% down (conventional loans)
  
  
  

• FHA loans with 3.5% down
  
  
  

• Down payment assistance programs (depending on eligibility)

If you’re already showing a stable income, a 600+ credit score, and a responsible payment history. You may be closer than you think.

3. Rent Will Continue to Adjust — Your Mortgage Can Stabilize

Rent increases are unpredictable. A fixed-rate mortgage gives you stability.

While property taxes and insurance can fluctuate slightly, your principal and interest payment can remain consistent for 30 years.

That stability matters — especially in a growing market like Las Vegas.

4. The Real Question: Are You Financially Positioned?

Before switching from renting to buying, ask:

✔️ Is my credit score improving?
✔️ Do I have a stable income?
✔️ Can I cover closing costs and reserves?
✔️ Do I plan to stay in Las Vegas for at least 3–5 years?

If the answer is yes to most of these, it may be time to explore your options.

📞 Call Cassie Mor at 702-501-1085 for free expert advice.
🌐 Visit RentMor.com to explore current rentals — or TheMorGroup.com when you’re ready to look at homes for sale.

Whether you rent today or buy tomorrow, we’re here to help you move forward with clarity.