In August 2019, 84 percent of renters believed that renting was more affordable for them, up from 69 percent in January 2016. This trend shows that many American renters view homeownership as increasingly out of reach.
Share of renters who believed renting or owning was more affordable for them in the United States from January 2016 to August 2019
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Freddie Mac. (September 1, 2020). Share of renters who believed renting or owning was more affordable for them in the United States from January 2016 to August 2019 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1036202/renters-affordability-renting-versus-owning-usa/
Freddie Mac. "Share of renters who believed renting or owning was more affordable for them in the United States from January 2016 to August 2019." Chart. September 1, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1036202/renters-affordability-renting-versus-owning-usa/
Freddie Mac. (2020). Share of renters who believed renting or owning was more affordable for them in the United States from January 2016 to August 2019. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1036202/renters-affordability-renting-versus-owning-usa/
Freddie Mac. "Share of Renters Who Believed Renting or Owning Was More Affordable for Them in The United States from January 2016 to August 2019." Statista, Statista Inc., 1 Sep 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1036202/renters-affordability-renting-versus-owning-usa/
Freddie Mac, Share of renters who believed renting or owning was more affordable for them in the United States from January 2016 to August 2019 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1036202/renters-affordability-renting-versus-owning-usa/ (last visited November 10, 2024)
Share of renters who believed renting or owning was more affordable for them in the United States from January 2016 to August 2019 [Graph], Freddie Mac, September 1, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1036202/renters-affordability-renting-versus-owning-usa/
