The renter rate across the U.S. rose from 31 percent to 36 percent between 2006 and 2016, with most people renting instead of owning in 29 of the 50 largest cities
- Across the U.S., 36 percent of all households are renter households, up from 31 percent in 2006. In 2000, 33 percent of all households were renter households.
- In each of the 50 largest U.S. cities, the share of renter households was higher in 2016 than in 2006, with Memphis, Tenn., reporting the greatest increase.
- The majority of households are renter households in 29 of the 50 largest U.S. cities. In 2006, 16 of the 50 largest cities were majority-renter households.
- Home values across the country rose 8 percent over the past year, making it more difficult for renters to break into the housing market.
PR Newswire
SEATTLE, Aug. 8, 2018
