In 2019, 18.2 of Millennial renters in San Jose, California said that they expected to rent forever, rather than buying a home. This is above the national average of 12.3 percent of Millennial renters who said they expect to always rent. In 2020, the share of Millennials that had given up on homeownership
Share of Millennial renters who expect to always rent in selected metros in the United States in 2019
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Statistics on Millennial homeownership in the United States
Overview
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- Premium Statistic Homeownership rate in the U.S. 2012-2021
- Premium Statistic Leading metros for Millennial house buyers in the United States in 2020
- Premium Statistic Home purchase outlook in the U.S. 2019, by generation
- Premium Statistic Share of Millennials expecting to rent in the future in the U.S. 2018-2022
- Basic Statistic Reasons for Millennials to choose renting over buying a home U.S. 2020-2021
- Premium Statistic Percentage change households in U.S. 2014-2019, by demographic and living situation
- Premium Statistic Profile of Millennial homebuyers in the United States 2020
- Premium Statistic Conditions influencing neighborhood choice for home purchase U.S. 2021, by age
Current living arrangements
4
- Premium Statistic Living arrangements of 25-34-year olds in the U.S. 2021, by gender
- Premium Statistic Living arrangements of 35-64-year olds in the U.S. 2021, by gender
- Basic Statistic Share of Millennials who live in their parents' home in U.S. 2021, by age & gender
- Basic Statistic Share of older Millennials who live in their parents' home U.S. 2016-2021, by gender
Homeownership plans
8
- Premium Statistic First time home buyers in the U.S. 2021, by age group
- Premium Statistic Expected timeline for buying a home according to Millenials 2022
- Premium Statistic Homeownership expectations of adults in the United States in 2020, by generation
- Premium Statistic Homeownership expectations of Millennials in the United States in 2020, by ethnicity
- Premium Statistic Homeownership expectations of Millennials with children in the United States 2020
- Premium Statistic COVID-19 effect on U.S. homeownership plans 2020, by generation
- Premium Statistic COVID-19 effect on homeownership plans U.S. 2020, by ethnicity and demographic
- Premium Statistic U.S.: COVID-19 effect on homeownership plans parents 2020, by generation
Home financing
6
- Premium Statistic Median income of home buyers in the U.S. 2021, by generation
- Premium Statistic Factors that prevent the Americans from saving for a down payment 2021, by age group
- Premium Statistic Down payment sources of Millennial homebuyers in the U.S. 2019
- Premium Statistic Millennial home buyers: amount saved for down payment 2021
- Premium Statistic Millennial renters who had saved for a down payment in the U.S. 2020, by amount
- Premium Statistic Number of years needed to save for down payment in selected U.S. cities 2020
Home buying process
6
- Premium Statistic Information sources used when looking for a house to purchase in the U.S. 2021 by age
- Premium Statistic Most difficult steps of home buying process U.S. 2021, by age group
- Premium Statistic Frequency of internet use for home searching in the U.S. 2021, by age group
- Premium Statistic House purchase channels in the U.S. 2021, by age group
- Premium Statistic Expectations of house buyers from real estate agents in the U.S. 2021, by age group
- Premium Statistic Actions taken as a result of internet home search in the U.S. 2021, by age group
Further related statistics
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- Future housing plans of younger Millennial renters in the U.S. 2016-2019
- Future housing plans of older Millennial renters in the U.S. 2016-2019
- Reasons for renting a house among Millennials in the U.S. 2018-2019
- Future housing plans of Gen X renters in the U.S. 2016-2019
- Housing choices made to pay for daycare in the U.S. 2019, by tenure
- Affordability of renting vs owning according to owners in the U.S. 2016-2019
- Millennial homeownership rate in the U.S. 2016 and 2025, by ethnicity
- Share of adult's living situations in the United Kingdom (UK) 2017, by country
- Affordability of renting vs owning according to renters in the U.S. 2016-2019
- Share of adult's living situations in the United Kingdom (UK) 2017, by region
- Housing choices made to pay back student debt in the U.S. 2019, by tenure
- Share of Millennial renters who plan to buy a home in the future in the U.S. 2018
- Housing choices made to afford commuting costs in the U.S. 2019, by tenure
- Problems with housing in Great Britain (United Kingdom) 2014, by tenure type
- U.S. Millennials perceiving homeownership as personal American dream 2010-2018
- Most popular expensive home features for Millennials U.S. 2016
- Most popular home location features for Millennials U.S. 2016
- Millennials who can save enough for a 10% down payment U.S. 2017 by timespan
- Most popular property features for Millennials U.S. 2016
- Life goals of millennials in the United Kingdom in 2019
Further Content: You might find this interesting as well
Statistics
- Future housing plans of younger Millennial renters in the U.S. 2016-2019
- Future housing plans of older Millennial renters in the U.S. 2016-2019
- Reasons for renting a house among Millennials in the U.S. 2018-2019
- Future housing plans of Gen X renters in the U.S. 2016-2019
- Housing choices made to pay for daycare in the U.S. 2019, by tenure
- Affordability of renting vs owning according to owners in the U.S. 2016-2019
- Millennial homeownership rate in the U.S. 2016 and 2025, by ethnicity
- Share of adult's living situations in the United Kingdom (UK) 2017, by country
- Affordability of renting vs owning according to renters in the U.S. 2016-2019
- Share of adult's living situations in the United Kingdom (UK) 2017, by region
- Housing choices made to pay back student debt in the U.S. 2019, by tenure
- Share of Millennial renters who plan to buy a home in the future in the U.S. 2018
- Housing choices made to afford commuting costs in the U.S. 2019, by tenure
- Problems with housing in Great Britain (United Kingdom) 2014, by tenure type
- U.S. Millennials perceiving homeownership as personal American dream 2010-2018
- Most popular expensive home features for Millennials U.S. 2016
- Most popular home location features for Millennials U.S. 2016
- Millennials who can save enough for a 10% down payment U.S. 2017 by timespan
- Most popular property features for Millennials U.S. 2016
- Life goals of millennials in the United Kingdom in 2019
Apartment List. (November 19, 2019). Share of Millennial renters who expect to always rent in selected metros in the United States in 2019 [Graph]. In Statista. Retrieved March 25, 2023, from https://www.statista.com/statistics/1074057/millennial-renters-expect-to-rent-forever-usa/
Apartment List. "Share of Millennial renters who expect to always rent in selected metros in the United States in 2019." Chart. November 19, 2019. Statista. Accessed March 25, 2023. https://www.statista.com/statistics/1074057/millennial-renters-expect-to-rent-forever-usa/
Apartment List. (2019). Share of Millennial renters who expect to always rent in selected metros in the United States in 2019. Statista. Statista Inc.. Accessed: March 25, 2023. https://www.statista.com/statistics/1074057/millennial-renters-expect-to-rent-forever-usa/
Apartment List. "Share of Millennial Renters Who Expect to Always Rent in Selected Metros in The United States in 2019." Statista, Statista Inc., 19 Nov 2019, https://www.statista.com/statistics/1074057/millennial-renters-expect-to-rent-forever-usa/
Apartment List, Share of Millennial renters who expect to always rent in selected metros in the United States in 2019 Statista, https://www.statista.com/statistics/1074057/millennial-renters-expect-to-rent-forever-usa/ (last visited March 25, 2023)
Share of Millennial renters who expect to always rent in selected metros in the United States in 2019 [Graph], Apartment List, November 19, 2019. [Online]. Available: https://www.statista.com/statistics/1074057/millennial-renters-expect-to-rent-forever-usa/