The Rental Housing Stock

Given the increasing focus with respect to growing demand for rental properties, we thought we would present the breakdown of the rental housing stock by structure type. Using the 2009 American Housing Survey, the data show that 30% of all housing units in the United States are renter-occupied or vacant for-rent.  

A surprisingly large share of this rental housing stock consists of single-family detached homes: 27%.

When adding townhouses (single-family attached units), the share of the rental housing stock due to single-family homes is roughly one-third (34% once rounded). A large share is also due to homes that have been divided into two to four apartments with some common space, representing 20% of the rental housing stock.

Subtracting out manufactured housing units, this leaves only 44% of rental housing due to traditional multifamily apartment buildings of five or more units.

Looking within the structure categories, the traditional expectations emerge. Only 14% of single-family homes are rental units. But more than 80% of housing units in 2+ unit buildings are in the rental housing stock.

These percentages are useful to keep in mind when examining discussions of rental housing: it is not entirely a multifamily building narrative. And this analysis is based on 2009 AHS data. In the intervening period, the share of rental housing stock has grown, particularly for those types of housing that have been traditionally owner-occupied.

Tags: ,

18 replies

  1. Thanks for the post regarding The Rental Housing Stock . It was very helpful..keep posting more.

  2. Thank you for sharing this. Keep posting more.


  1. The Rental Housing Stock | Wood on Fire – Topics of Lumber Industry
  2. Multifamily Hangs Tough ... But What's a "Family"? - Ted Cushman: The Ten-Penny News
  3. The Vine Speaks » Blog Archive » Are people using your product like they’re supposed to?
  4. Zing Property Managment » Blog Archive » One-third of rental properties are single-family homes
  5. Top 2011 Posts: The Rental Housing Stock « Eye on Housing
  6. Single-Family Built-for-Rent Share Remains Elevated « Eye on Housing
  7. Single-Family Built-for-Rent Share Remains Elevated | Wood on Fire – Topics of Lumber Industry
  8. Share of Single-Family Homes Built as Rentals Still High After Recession |
  9. Single-Family Built-for-Rent Market Share Remains Elevated « Eye on Housing
  10. Single-Family Built-for-Rent Market | Eye on Housing
  11. Single-Family Built-for-Rent Market - Helping Hands Custom Builders
  12. Single-Family Built-for-Rent Market Share Rises | Eye on Housing
  13. Single-Family Built-for-Rent Market Share Rises - Helping Hands Custom Builders
  14. Single-Family Built-for-Rent Construction Down | Eye on Housing
  15. Single-Family Built-for-Rent Construction Down - Helping Hands Custom Builders
  16. Maupin Development » Single-Family Built-for-Rent Construction Down

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: