Affordability of renting vs owning according to renters in the U.S. 2016-2019

Published by Statista Research Department, Sep 14, 2022
In August 2019, 84 percent of renters believed that renting was more affordable for them, up from 69 percent in January 2016. This trend shows that many American renters view homeownership as increasingly out of reach.

Share of renters who believed renting or owning was more affordable for them in the United States from January 2016 to August 2019

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Source

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Release date

September 2020

Region

United States

Survey time period

Aug 22 to 26, 2019

Number of respondents

1,233 respondents

Special properties

renters

Method of interview

Online survey

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Overview

7

Affordability by profession

4

Home purchase behavior

6

Manufactured homes

6

Affordable housing access

5

Obstacles to improving access

4

Further related statistics

19

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Topics

U.S. housing marketMillennial homeownership in the U.S.Rental market in the U.S.Affordable housing in the U.S.LGBT Homeownership in the U.S.
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