Single-Family Rentals on the Rise

Single-Family Rentals on the Rise
Typical U.S. single-family rental homes offered by members of the National Rental Home Council. Photo by Planomatic
Mary Prenon
Mary Prenon
Freelance Reporter
|Updated:

While homeownership has always been the American dream, there are millions of families in the United States who believe home leasing is equally dreamy. In fact, the National Rental Home Council (NRHC) indicates that there are more single-family homes for rent—23 million—than there are apartment units, at 20 million.

Recent statistics from the nonprofit, which represents the interests of the single-family rental industry, show a total of 140 million housing units throughout the nation, of which 100 million are single-family homes. The remainder include apartments, condos, co-ops, or multi-family homes.

Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.
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