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
Characteristic
Renting
Owning
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Freddie Mac. (September 1, 2020). Share of renters who believed renting or owning was more affordable for them in the United States from January 2016 to August 2019 [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1036202/renters-affordability-renting-versus-owning-usa/
Freddie Mac. "Share of renters who believed renting or owning was more affordable for them in the United States from January 2016 to August 2019." Chart. September 1, 2020. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1036202/renters-affordability-renting-versus-owning-usa/
Freddie Mac. (2020). Share of renters who believed renting or owning was more affordable for them in the United States from January 2016 to August 2019. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1036202/renters-affordability-renting-versus-owning-usa/
Freddie Mac. "Share of Renters Who Believed Renting or Owning Was More Affordable for Them in The United States from January 2016 to August 2019." Statista, Statista Inc., 1 Sep 2020, https://www.statista.com/statistics/1036202/renters-affordability-renting-versus-owning-usa/
Freddie Mac, Share of renters who believed renting or owning was more affordable for them in the United States from January 2016 to August 2019 Statista, https://www.statista.com/statistics/1036202/renters-affordability-renting-versus-owning-usa/ (last visited July 27, 2024)
Share of renters who believed renting or owning was more affordable for them in the United States from January 2016 to August 2019 [Graph], Freddie Mac, September 1, 2020. [Online]. Available: https://www.statista.com/statistics/1036202/renters-affordability-renting-versus-owning-usa/