Number of residential real estate leases in the U.S. 2018-2024 with forecast by 2029

Number of existing residential real estate leases in the United States from 2018 to 2024, with a forecast by 2029

CharacteristicNumber of leases in millions
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Statistic: Number of existing residential real estate leases in the United States from 2018 to 2024, with a forecast by 2029 (in millions)
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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The residential real estate leases market refers to the market where landlords and tenants enter into agreements for the rental of residential properties, such as apartments, houses, and condominiums. The lease outlines the terms of the rental agreement, including the duration of the lease, the amount of rent to be paid, and the responsibilities of both the landlord and the tenant. The lease may also include provisions for security deposits, maintenance and repair obligations, and renewal options.

Structure:

The residential real estate leases market comprises the lease of houses and apartments.

Additional information:

The residential real estate leases market includes the following KPIs: the revenue generated by real estate leases, the number of real estate leases, the average revenue per real estate lease, the share of dwelling type of tenants, and the average room per tenant. The dwelling type shares comprise the shares of the renter population that lives in houses and apartments.

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Rental market in the United States

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