| Percent of Americans Renting | |
|---|---|
| 1980 | 34.5 |
| 81 | 34.4 |
| 82 | 35.2 |
| 83 | 35.3 |
| 84 | 35.4 |
| 85 | 35.9 |
| 86 | 36.3 |
| 87 | 36.1 |
| 88 | 36.2 |
| 89 | 36 |
| 90 | 35.9 |
| 91 | 36 |
| 92 | 35.9 |
| 93 | 36.1 |
| 94 | 36 |
| 95 | 35.6 |
| 96 | 34.7 |
| 97 | 34.5 |
| 98 | 34 |
| 99 | 33.3 |
| 00 | 32.9 |
| 01 | 32.4 |
| 02 | 32.1 |
| 03 | 31.9 |
| 04 | 31.3 |
| 05 | 30.8 |
| 06 | 31.4 |
| 07 | 31.5 |
| 08 | 32.1 |
| 09 | 32.6 |
| 2010 | 32.8 |
| 11 | 33.5 |
| 12 | 34.4 |
| 13 | 34.8 |
| 14 | 35 |
Year
%
Sources:
motherjones.com, census.gov
Share:
In short, supply and demand. More Americans are renting after so many families lost their homes in the foreclosure crisis, which makes for a more competitive market and higher prices.