What Percent Of The US Population Lives In Apartments?

How many families rent in the US?

As of mid-2017, the number of US renters stood at 43 million.

The surge in renter households erased a decade of declining demand between 1994 and 2004, when the national rentership rate fell from 36 percent to just 31 percent (Figure 7)..

Are there more renters or homeowners in the US?

Approximately 89.9 percent of the housing units in the United States in the third quarter 2020 were occupied and 10.1 percent were vacant. Owner-occupied housing units made up 60.6 percent of total housing units, while renter-occupied units made up 29.3 percent of the inventory in the third quarter 2020.

What is the biggest apartment complex in the United States?

Stuyvesant Town-Peter Cooper VillageStuyvesant Town-Peter Cooper Village (Stuy Town), the largest rental apartment complex in the US, has become the first in New York State to be awarded the Leadership in Energy and Environmental Design (LEED) Platinum certification, the highest level of achievement, according to the owners.

What state has the most renters?

TexasCollege Station-Bryan, Texas tops the list with a renter population of 59.1%, followed by Athens-Clarke County, Ga.

What city has the most apartments?

Top 10 U.S. Neighborhoods with Most New ApartmentsRankNeighborhoodCity/Borough1Long Island CityQueens, NY2Downtown L.A.Los Angeles3North San JoseSan Jose4Clinton – Hell’s KitchenManhattan, NY6 more rows•May 26, 2017

What city has the most renters?

Quick quiz: Which city has the highest percentage of renters: Chicago, Miami, or College Station, Texas? Believe it or not, it’s College Station, with 59.1% renters.

How many houses and apartments are there in the US?

In 2019, there were approximately 139.64 million housing units in the United States. Growth in the number of housing units has been leveling off over time as has the number of households.

How many renters are in the US in 2019?

In 2019, there were 5 million households renting through the US Department of Housing and Urban Development’s (HUD) various subsidized assistance programs (including public housing, housing-choice vouchers, and Section 8 programs). That’s 11% of the nation’s 43.6 million rent-based households.

What state has the cheapest rent?

Cheapest State for Rent in the US The least expensive state for rent is West Virginia with an average rent price of $800.

Where are the cheapest rents in the US?

Most Affordable U.S. Cities for RentersGilbert, Arizona. Population: 248,279. … Plano, Texas. Population: 288,061. … Virginia Beach, Virginia. Population: 450,189. … North Las Vegas, Nevada. Population: 245,949. … Oklahoma City, Oklahoma. Population: 649,021. … Wichita, Kansas. Population: 389,255. … Tulsa, Oklahoma. … Omaha, Nebraska.More items…

How many apartments are in the USA?

That number is: 46.8 million units.