Single-family renters’ average household income rose from 53.9% of homeowners’ income in 2005 to 60.9% in 2024. Original ACS analysis examines the narrowing gap, higher-income households in newer rentals, and the financial hurdles to ownership.
This week’s rental housing briefing covers bank lending standards, apartment retention, October hiring, renter affordability and multifamily investment opportunities, plus the economic releases to watch November 9–13.
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