Tag Archives: single-family rentals

The combination of rising rents and rock bottom mortgage rates have made it cheaper to own a home than to rent a single-family home in most states, a recent survey showed.

The percentage of single-family homes built for the express purpose of renting them out is down from its peak reached in early 2013, but has been trending upward for the last four quarters. What has been driving the increase?

According to data they used from the American Housing Survey, over 14 million single-family homes in the U.S. were renter occupied in 2013. This represents 12 percent of the entire U.S. housing stock, or in other words, 1 in 8 U.S. households, and more than one-third of the rental housing stock.