Las Vegas Real Estate News

The Area Around UNLV Will Have More Housing Options

UNLV students may soon have more housing choices thanks to multiple developments planned for the area around the university.

Long primarily a commuter school, housing near campus will allow UNLV students to live right near where they take their classes.

In 2019, three new residential complexes opened on or near campus. Combined, the three complexes added 566 new rent/lease units to the college area.

More housing around UNLV will help the school be less of a commuter school.

The Degree, 226 units on campus is over 90 percent leased out as of the fall semester. Echo 1055 offer 215 units and it is also nearly full. The YoU, on the other side of Maryland Parkway from campus, accepted its first tenants in late August. It provides another 125 units for rent and lease to college students.

The increase in apartments comes amid an increase in the size of the student body. Up more than 9 percent since 2013, the student body at the University of Nevada Las Vegas was 30,457 students in the fall of 2018.

Far from being stripped down student housing, Echo 1055 offers a Zen garden, a yoga studio, and study rooms, along with other extra.

G2 Capital Development, which developed The YoU, is also planning on building another 400 apartments and a hotel on the site of the former Campus Village retail and office complex. That project will also include a rooftop pool deck, retail and workout room, to name just a few items.

The Degree has outdoor cabanas, hammocks, a fire pit, and even fully-furnished apartments.

The move to grow housing near UNLV represents a change in how college students are willing to live. The biggest change is the students expect more for their money than a stripped down apartment building where washers and dryers in the basement are the biggest amenity.

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