Redfin, Seattle, found that renters need to earn $63,680 to afford the $1,592 median asking rent for a U.S. apartment, the lowest amount needed since March 2022.
Tag: Renters
Redfin Finds Renters Staying in Homes Longer
Redfin, Seattle, found that over a third–33.6%–of renters have lived in the same home for at least five years.
2024 Competitive for Renters; Miami Hottest Market, RentCafe Finds
RentCafe, Santa Barbara, Calif., released a report on 2024 year-end trends, finding a competitive rental market nationwide and top spots of interest in Miami and Chicagoland.
Redfin: Renter Households Outpace Homeowner Households
The number of renter households grew 2.7% in the third quarter year-over-year, to a record 45.6 million, Redfin, Seattle reported.
RentCafe: In Shift, Detroit Tops List of Most Sought-After City for Renters
RentCafe, Santa Barbara, Calif., released its Rental Activity Report for September, finding Detroit took the top spot.
Point2: House Renters Prioritizing Space, Pets, Privacy
Point2, Saskatoon, Saskatchewan, conducted a survey of renters of single-family homes, finding that privacy and space are among the top motivators–but the comfort of their furry friends also ranks high.
Redfin: Fewer Than Half of Renters Make Enough for Median-Priced Apartment
Redfin, Seattle, released a new report finding that just 39% of renters make enough to afford the median-priced apartment nationwide.
Percentage of Renters Who Think They’ll Never Own Climbs, Redfin Finds
A recent Redfin, Seattle, survey found 38% of U.S. renters don’t believe they’ll ever own a home.
RealPage: Most Renters Satisfied With Housing Situation
RealPage, Richardson, Texas, found 66% of multifamily renters surveyed report being happy with their current housing situation, with younger renters reporting the highest satisfaction rates.
RealPage: Most Renters Satisfied With Housing Situation
RealPage, Richardson, Texas, found 66% of multifamily renters surveyed report being happy with their current housing situation, with younger renters reporting the highest satisfaction rates.