Reasons for renting a house among Millennials in the U.S. 2018-2019

Published by Statista Research Department, Jan 22, 2021
In April 2019, 42 percent of Millennial renters in the United States said that renting was a good choice for now and they cannot afford to buy a home, but would like to purchase a home as some point. However, 30 percent said that renting was a good choice for them for now, even though they could afford to buy a home and will at some point. In February 2018, half of Millennial renters said they couldn't afford to own at the moment and only 21 percent said that they could afford to buy a home at that time.

Reasons for renting a house among Millennials in the United States from February 2018 to April 2019

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Release date

June 2019

Region

United States

Survey time period

April 2019

Number of respondents

445 respondents

Age group

23-38 years

Special properties

Millennial renters

Method of interview

Online survey

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Topics

Millennials homeownership in the U.S.Housing market in the U.S.Apartments in the U.S.Residential construction in the U.S.Residential real estate in New York
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