vast differences in homeownership rates between these age groups.
In 2020, only ten percent of renters in the United States were 65 years or older, whereas 47 percent were under 30 years old. This disparity can be explained by the Distribution of residents who live in rental accommodation in the United States in 2020, by age
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Other statistics that may interest you 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. 1975-2022
- 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. 1980-2023
- 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. 2010-2022
- 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. 2023, 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. 2022
- Premium Statistic Attitude towards home buying in 2022, by generation
Further related statistics
19
- Number of homeowners in the U.S. 2019, by age
- Share of homeowners in the U.S. 2019, by age
- Number of residents who are renters in the U.S. 2020, by age
- Number of residents who are renters in the U.S. 2019, by structure type
- Number of renter households in the U.S. 2019, by structure type
- Cities with the highest share of renters U.S. 2016
- Tenants among the population of Germany 2010-2018
- Tenants among the population of Sweden 2008-2017
- Tenants among the population of Croatia 2010-2017
- Tenants among the population of Switzerland 2010-2016
- Tenants among the population of Ireland 2007-2016
- Tenants among the population of Cyprus 2008-2017
- Tenants among the population of North Macedonia 2011-2016
- Tenants among the population of Greece 2008-2017
- Tenants among the population of Latvia 2008-2017
- Distribution of Americans from a given geo-credit score group 2019, by age
- Resident number in student hostels Kerala India 2021, by type
- Resident number in student hostels Gujarat India 2021, by type
- Product rentals in consideration in Brazil 2022
Further Content: You might find this interesting as well
Statistics
- Number of homeowners in the U.S. 2019, by age
- Share of homeowners in the U.S. 2019, by age
- Number of residents who are renters in the U.S. 2020, by age
- Number of residents who are renters in the U.S. 2019, by structure type
- Number of renter households in the U.S. 2019, by structure type
- Cities with the highest share of renters U.S. 2016
- Tenants among the population of Germany 2010-2018
- Tenants among the population of Sweden 2008-2017
- Tenants among the population of Croatia 2010-2017
- Tenants among the population of Switzerland 2010-2016
- Tenants among the population of Ireland 2007-2016
- Tenants among the population of Cyprus 2008-2017
- Tenants among the population of North Macedonia 2011-2016
- Tenants among the population of Greece 2008-2017
- Tenants among the population of Latvia 2008-2017
- Distribution of Americans from a given geo-credit score group 2019, by age
- Resident number in student hostels Kerala India 2021, by type
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- Product rentals in consideration in Brazil 2022
NMHC. (July 1, 2022). Distribution of residents who live in rental accommodation in the United States in 2020, by age [Graph]. In Statista. Retrieved October 01, 2023, from https://www.statista.com/statistics/743445/share-of-residents-who-are-renting-usa-by-age/
NMHC. "Distribution of residents who live in rental accommodation in the United States in 2020, by age." Chart. July 1, 2022. Statista. Accessed October 01, 2023. https://www.statista.com/statistics/743445/share-of-residents-who-are-renting-usa-by-age/
NMHC. (2022). Distribution of residents who live in rental accommodation in the United States in 2020, by age. Statista. Statista Inc.. Accessed: October 01, 2023. https://www.statista.com/statistics/743445/share-of-residents-who-are-renting-usa-by-age/
NMHC. "Distribution of Residents Who Live in Rental Accommodation in The United States in 2020, by Age." Statista, Statista Inc., 1 Jul 2022, https://www.statista.com/statistics/743445/share-of-residents-who-are-renting-usa-by-age/
NMHC, Distribution of residents who live in rental accommodation in the United States in 2020, by age Statista, https://www.statista.com/statistics/743445/share-of-residents-who-are-renting-usa-by-age/ (last visited October 01, 2023)
Distribution of residents who live in rental accommodation in the United States in 2020, by age [Graph], NMHC, July 1, 2022. [Online]. Available: https://www.statista.com/statistics/743445/share-of-residents-who-are-renting-usa-by-age/