ATTOM, Irvine, Calif., released its 2026 Rental Affordability Report, finding that in 57.7% of counties analyzed, owning a home is more affordable than renting a three-bedroom property.
Tag: Renting
Point2Homes: Fewer Americans Are Moving
Point2Homes, Santa Barbara, Calif., found only 11% of the U.S. population relocated in 2024.
Almost 80% of Gen Z Believe They’re Priced Out of Homeownership, Clever Finds
Clever Real Estate, St. Louis, Mo., released a new study delving into Gen Z’s feelings about homeownership, finding 79% believe they are priced out completely.
Renting More Affordable in 50 Major Metro Areas, Realtor.com Finds
Realtor.com recently reported that across the top 50 major metro areas, median asking rent stood at $1,720.
Clever Real Estate: Renting More Affordable Than Buying in Almost All Major Cities
Clever Real Estate, St. Louis, found that on a monthly basis, rent costs are cheaper than homebuyers’ payments in 96% of major U.S. cities.
BofA: 70% of Prospective Homebuyers Feel Renting Could Harm Their Financial Future
Many prospective homebuyers fear the long-term consequences of renting, including 70% who feel they’re not making a long-term investment in their future, and 72% who worry that rent increases could affect their finances, according to a new Bank of America report.
Gen Z to Spend $145,000 on Rent by 30, RentCafe Finds
An average member of Generation Z will spend $145,000 on rent by their 30th birthday, RentCafe, Santa Barbara, Calif., found, noting millennials spent $127,000 during that period of their lives (14% less).