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Share of Millennials expecting to rent in the future in the U.S. 2018-2020

Published by Statista Research Department, Mar 18, 2021
Owning a home has traditionally been an integral part of the "American dream", but for Millennials entering the housing market has been notoriously difficult. Between 2018 and 2020, the share of Millennials in the United States who expect to always rent their home increased from 10.7 to 18.2 percent. As the youngest demographic in the housing market, people under 35 years have a homeownership rate much lower than any other generation.

Share of Millennial renters who expect to always rent in the United States from 2018 to 2020

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Source

Release date

February 2021

Region

United States

Survey time period

2018 to 2020

Special properties

Millennial renters

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