Las Vegas condos versus detached: similar rent, dissimilar prices

[Erik K.]

Hello, are you familiar with the Las Vegas rental market? If so, I have a mystery puzzle for you.

Looking on Zillow, I notice that 3-bed condos ask for only slightly lower rents than 3-bed detached houses ask. However, Zillow shows condos with asking prices close to half what is asked for houses.

Do the cheap condos require the owner to occupy them, and only the expensive ones are rentable? Or is there some other explanation?

Thanks for your ideas!