Average down payment in the leading metros for Gen Z house buyers in the U.S. in 2022

Average mortgage down payment in the metros with the highest share of Generation Z home buyers in the United States in 2022

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Release date

June 2023


United States

Survey time period


Special properties

Generation Z

Supplementary notes

The source adds the following information: "LendingTree used generational definitions, from the Pew Research Center, to define the age range for Gen Zers as being born between 1997 and 2012.
Metropolitan statistical area (MSA) rankings were generated by looking at the percentage of total purchase mortgage requests from Gen Z borrowers on the LendingTree platform. The larger the share of requests from Gen Zers, the higher ranking a metro area received.
Borrower data was derived from mortgage requests and offers — given to users of the LendingTree mortgage shopping platform — across the nation’s 50 largest metropolitan areas from Jan. 1, 2022, to Dec. 31, 2022."

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