In Brief: Growing Number of U.S. Suburbs See Renters Outnumber Owners
September 20, 2021 by An analysis of U.S. Census Bureau data by Yardi’s RentCafé reveals significant shifts in suburban housing demographics over the past decade. As of 2019, more than 100 suburbs across the United States have transitioned from being predominantly homeowner territory to majority-renter communities. This trend is expected to continue, with another 57 suburbs projected to follow suit within the next five years, particularly in areas like Miami, Washington, D.C., and Los Angeles.