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

In August 2020, 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 April 2019

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Source

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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Statistics on "Affordable housing in the United States"

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