In 2019, one third of renters in the United States said that they rent, because it suits their lifestyle. Meanwhile, 28 percent of renters were renting while saving for a down payment.
Reasons why renters continue to rent in the United States in 2019
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Statistics on Rental market in the United States
Overview
7
- Premium Statistic Average monthly apartment rent in the U.S. 2017-2023, by apartment size
- Premium Statistic Share of residents who are renters in the U.S. 2020, by age
- Premium Statistic Share of residents who are renters in the U.S. 2020, by structure type
- Premium Statistic Number of renter occupied homes in the U.S. 1975-2021
- Basic Statistic Rental vacancy rates in the U.S. 2000-2021, by region
- Premium Statistic U.S. housing stock: vacant rental units 2012-2022
- Premium Statistic Market share of rental property review sites U.S. 2021
Rental costs
6
- Premium Statistic Asking rent for unfurnished apartments in the U.S. 1980-2021
- Premium Statistic Rent for small and medium apartments in different states in the U.S. 2022
- Premium Statistic Year-on-year apartment rent change in the U.S. 2021-2022, by state
- Premium Statistic Studio apartment rent in most expensive cities in the U.S. 2022
- Premium Statistic Monthly rent for mobile homes in the U.S. 2010-2021
- Premium Statistic Median monthly rate for senior housing in the U.S. 2021, by state
Affordability
5
- Premium Statistic Quarterly house price to rent ratio in the U.S. Q1 2015-Q3-2022
- Basic Statistic Hourly wages needed to afford a two-bedroom apartment in the U.S. 2022, by state
- Basic Statistic Gross rent as a share of household income in the U.S. 2020
- Premium Statistic Share of renters with rent arrears in the U.S. 2022, by age group
- Premium Statistic Share of renters with rent arrears in the U.S. 2022, by race
Home ownership plans
4
- Premium Statistic Homeownership rate in the U.S. 1990-2022
- Premium Statistic Share of Millennials expecting to rent in the future in the U.S. 2018-2022
- Premium Statistic Main reasons non-owners don't currently own a home U.S. 2021
- Premium Statistic Attitude towards home buying in 2022, by generation
Further related statistics
19
- Number of renter households in the U.S. 2019, by structure type
- Number of residents who are renters in the U.S. 2019, by structure type
- Share of married renters with roommates in the U.S. 1995-2018
- Number of residents who are renters in the U.S. 2020, by age
- Survey on rented products in Sweden 2016
- Number of homeowners in the U.S. 2019, by age
- Cities with the highest share of renters U.S. 2016
- Share of homeowners in the U.S. 2019, by age
- Leading private office tenants in NYC Aug 2018, by space
- Housing choices made to afford commuting costs in the U.S. 2019, by tenure
- Affordability of renting vs owning according to renters in the U.S. 2016-2019
- Share of renters with regrets about their decision in the U.S. 2019
- Number of renter households in the U.S. 2007-2035, by age
- Most suitable tenure for current lifestyle in the U.S. 2019, by type of home
- Housing choices made to pay for daycare in the U.S. 2019, by tenure
- Reasons for renting a house among Baby Boomers in the U.S. 2018-2019
- Housing choices made to pay back student debt in the U.S. 2019, by tenure
- Job vs. location: how renters chose city in the U.S. 2018, by education level
- Most suitable tenure for current lifestyle in the U.S. 2019, by ownership status
Further Content: You might find this interesting as well
Statistics
- Number of renter households in the U.S. 2019, by structure type
- Number of residents who are renters in the U.S. 2019, by structure type
- Share of married renters with roommates in the U.S. 1995-2018
- Number of residents who are renters in the U.S. 2020, by age
- Survey on rented products in Sweden 2016
- Number of homeowners in the U.S. 2019, by age
- Cities with the highest share of renters U.S. 2016
- Share of homeowners in the U.S. 2019, by age
- Leading private office tenants in NYC Aug 2018, by space
- Housing choices made to afford commuting costs in the U.S. 2019, by tenure
- Affordability of renting vs owning according to renters in the U.S. 2016-2019
- Share of renters with regrets about their decision in the U.S. 2019
- Number of renter households in the U.S. 2007-2035, by age
- Most suitable tenure for current lifestyle in the U.S. 2019, by type of home
- Housing choices made to pay for daycare in the U.S. 2019, by tenure
- Reasons for renting a house among Baby Boomers in the U.S. 2018-2019
- Housing choices made to pay back student debt in the U.S. 2019, by tenure
- Job vs. location: how renters chose city in the U.S. 2018, by education level
- Most suitable tenure for current lifestyle in the U.S. 2019, by ownership status
Zillow. (October 1, 2019). Reasons why renters continue to rent in the United States in 2019 [Graph]. In Statista. Retrieved May 29, 2023, from https://www.statista.com/statistics/1056664/why-renters-rent-usa/
Zillow. "Reasons why renters continue to rent in the United States in 2019." Chart. October 1, 2019. Statista. Accessed May 29, 2023. https://www.statista.com/statistics/1056664/why-renters-rent-usa/
Zillow. (2019). Reasons why renters continue to rent in the United States in 2019. Statista. Statista Inc.. Accessed: May 29, 2023. https://www.statista.com/statistics/1056664/why-renters-rent-usa/
Zillow. "Reasons Why Renters Continue to Rent in The United States in 2019." Statista, Statista Inc., 1 Oct 2019, https://www.statista.com/statistics/1056664/why-renters-rent-usa/
Zillow, Reasons why renters continue to rent in the United States in 2019 Statista, https://www.statista.com/statistics/1056664/why-renters-rent-usa/ (last visited May 29, 2023)
Reasons why renters continue to rent in the United States in 2019 [Graph], Zillow, October 1, 2019. [Online]. Available: https://www.statista.com/statistics/1056664/why-renters-rent-usa/