Since 2019, the share of renters who could afford to buy a median-priced starter home in the United States has declined notably. In 2024, approximately ** percent of U.S. renters were homeownership ready, meaning that they earned enough to purchase a median-priced home without mortgage payments costing them over ** percent of their monthly income. In 2019, before home prices rose dramatically, nearly ** percent of renters were considered homeownership ready. Before mortgage interest rates increased in 2021, this share was approximately ** percent.
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National Association of Realtors. (August 27, 2024). Share of renters who can afford to buy a median-priced starter home in the United States in 2019, 2021, and 2024 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 04, 2026, from /statistics/1496751/share-of-renters-who-can-afford-to-buy-a-home-usa/
National Association of Realtors. "Share of renters who can afford to buy a median-priced starter home in the United States in 2019, 2021, and 2024." Chart. August 27, 2024. ÌÇÐÄÆÆ½â°æ. Accessed August 04, 2026. /statistics/1496751/share-of-renters-who-can-afford-to-buy-a-home-usa/
National Association of Realtors. (2024). Share of renters who can afford to buy a median-priced starter home in the United States in 2019, 2021, and 2024. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 04, 2026. /statistics/1496751/share-of-renters-who-can-afford-to-buy-a-home-usa/
National Association of Realtors. "Share of Renters Who Can Afford to Buy a Median-priced Starter Home in The United States in 2019, 2021, and 2024." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 27 Aug 2024, /statistics/1496751/share-of-renters-who-can-afford-to-buy-a-home-usa/
National Association of Realtors, Share of renters who can afford to buy a median-priced starter home in the United States in 2019, 2021, and 2024 ÌÇÐÄÆÆ½â°æ, /statistics/1496751/share-of-renters-who-can-afford-to-buy-a-home-usa/ (last visited August 04, 2026)
Share of renters who can afford to buy a median-priced starter home in the United States in 2019, 2021, and 2024 [Graph], National Association of Realtors, August 27, 2024. [Online]. Available: /statistics/1496751/share-of-renters-who-can-afford-to-buy-a-home-usa/