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Joint Center for Housing Studies of Harvard University | America’s Rental Housing: Expanding Options for Diverse and Growing Demand

Published on May 16, 2016

The decade-long surge in rental demand is unprecedented. In mid-2015, 43 million families and individuals lived in rental housing, up nearly 9 million from 2005—the largest gain in any 10-year period on record. In addition, the share of all US households that rent rose from 31 percent to 37 percent, its highest level since the mid-1960s.