As of the third quarter of 2025, there were approximately **** million housing units occupied by renters in the United States. This number has been gradually increasing since 2010 as part of a long-term upward swing since 1975. The number of unoccupied rental housing units has also followed an upward trend in the past years.
Why are rental homes in such high demand?
This high demand for rental homes is related to the shortage of affordable housing. Climbing the property ladder for renters is not always easy, as it requires prospective homebuyers to save up for a down payment and qualify for a mortgage. In many metros, the median household income is insufficient to qualify for the median-priced home.
How many owner occupied homes are there in the U.S.?
In 2024, there were over ** million owner occupied homes. Owner-occupied housing is when the person who owns a property – either outright or through a mortgage – also resides in the property. Excluded are therefore rental properties, employer-provided housing, and social housing. Â
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U.S. Department of Housing and Urban Development. (March 17, 2026). Number of renter occupied housing units in the United States from 1975 to 2025 (in millions) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 29, 2026, from /statistics/187577/housing-units-occupied-by-renter-in-the-us-since-1975/
U.S. Department of Housing and Urban Development. "Number of renter occupied housing units in the United States from 1975 to 2025 (in millions)." Chart. March 17, 2026. ÌÇÐÄÆƽâ°æ. Accessed July 29, 2026. /statistics/187577/housing-units-occupied-by-renter-in-the-us-since-1975/
U.S. Department of Housing and Urban Development. (2026). Number of renter occupied housing units in the United States from 1975 to 2025 (in millions). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 29, 2026. /statistics/187577/housing-units-occupied-by-renter-in-the-us-since-1975/
U.S. Department of Housing and Urban Development. "Number of Renter Occupied Housing Units in The United States from 1975 to 2025 (in Millions)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 17 Mar 2026, /statistics/187577/housing-units-occupied-by-renter-in-the-us-since-1975/
U.S. Department of Housing and Urban Development, Number of renter occupied housing units in the United States from 1975 to 2025 (in millions) ÌÇÐÄÆƽâ°æ, /statistics/187577/housing-units-occupied-by-renter-in-the-us-since-1975/ (last visited July 29, 2026)
Number of renter occupied housing units in the United States from 1975 to 2025 (in millions) [Graph], U.S. Department of Housing and Urban Development, March 17, 2026. [Online]. Available: /statistics/187577/housing-units-occupied-by-renter-in-the-us-since-1975/
