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sep What Type of Properties do Renter Households Live in?

What Type of Properties do Renter Households Live in?

February 23, 2008 – 12:44 pm

I found this link on the MyNewPlace Blog and I wanted to share more of the data with you.

Pop quiz: Which properties have more renters in them? Single Family homes and structures with 2 - 4 units or Apartment Properties with 5 or more units?

Answer:  Single Family homes and structures with 2 - 4 units.

Here is the breakdown.  53% of all renters live in a single family home or a duplex to a fourplex. 43% of all renters live in an apartment with 5 or more units. The remaining 4% live in mobile homes.

The single family home market including duplexes - fourplexes has about 20 million more residents renting then apartments with 5 or more units.


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