S Martin Luther King Blvd / Alta Dr median real estate price is $113,823, which is less expensive than 83.8% of Nevada neighborhoods and 70.6% of all U.S. neighborhoods.
The average rental price in S Martin Luther King Blvd / Alta Dr is currently $1,029, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 78.5% of Nevada neighborhoods.
S Martin Luther King Blvd / Alta Dr is a suburban neighborhood (based on population density) located in Las Vegas, Nevada.
S Martin Luther King Blvd / Alta Dr real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the S Martin Luther King Blvd / Alta Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in S Martin Luther King Blvd / Alta Dr. The current real estate vacancy rate here is 26.6%. This is higher than the rate of vacancies in 92.0% of all U.S. neighborhoods. This can sometimes be the case in neighborhoods dominated by seasonal homes (such as vacation areas), and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.