Tag Archives: Renters

The average American renter can now purchase a home more expensive than the nation’s median home value, while keeping their monthly housing budget the same. This was true in 37 out of 50 markets analyzed. The current national median rent is $1,416 per month—just enough to handle the monthly costs of a property valued at $289,505, including property taxes, maintenance, and insurance payments.

While affordability remains a major concern for many low-income renters, a recent report says there’s a market for wealthy renters and it’s not lacking in demand.

The competitive homebuying market brought on by short inventory supply is causing potential buyers to keep their renting options open.

What characteristics make up today's renter in the U.S. housing market, and how can those in the SFR sector of the market better understand their consumers?

What effect does home value appreciation have on the confidence of homeownwers and renters in the housing market?

With a rise in the rental market and a decrease in the homeownership rate, is student debt holding buyers back from entering the market?

Conventional wisdom has long suggested that renters rent because they can’t afford to buy homes, but Zillow has posed the question of whether renters are renting out of necessity or choice.

A recent survey shows roughly three-quarters of households still believe now is a good time to buy a home, but there's a significant gap in confidence between homeowners and renters.

The majority of renters said they would prefer to own a home if finances permitted them to do so.

The authors of the report found that 96 million American renters have never had a mortgage—and 42 percent of them have some other type of consumer debt in collections.