Trends in Apartment Renting

Share this article:

Apartment renting trendsThe American dream is getting an apartment-centric makeover.

RentCafe experts analyzed a mountain of data pertaining to apartment renting, and it confirmed a trend already evident around the nation.  Americans are starting new households, downsizing from large homes, and increasingly interested in living a simpler, apartment focused life. But they don’t necessarily want it to be quiet and boring. The new hot place to live?

Apartments in the city. 

The desire to flee the suburbs spans generations, from Baby Boomers to their children. Each group is motivated by different factors. Anticipating retirement, Baby Boomers want to be close to fun things to do and skip out on the burdens of expensive home maintenance. Echo Boomers aren’t having children, and want a green, carless lifestyle. They don’t mind living in a small apartment if it means having the convenience of public transit and being close to their job and friends.

Check out our infographic to see the data driven details about how these trends are affecting apartment markets around the nation and the apartment renting population. Renters are changing America!

Trends in Apartment Renting Infographic

Share this article:

Amalia Otet is an online content developer and creative writer for RENTCafé. She loves all things real estate and strives to live beautifully, one green step at a time.

Related posts

High-rise apartments along the sandy shore of Virginia Beach under a partly cloudy sky.

Apartment Size in Virginia: Which City Has the Biggest Rentals?

Virginia, known for its rich history and diverse landscapes, has become an increasingly popular destination for renters. When it comes to apartment size in Virginia,…

Downtown Houston skyline at sunset, featuring a mix of modern skyscrapers and lush green spaces.

Apartment Size in Texas: Where to find the Biggest Rentals

With its vast open spaces, booming cities, and legendary hospitality, Texas has long been a magnet for renters seeking a unique blend of opportunity and…

Miami downtown skyline and futuristic mover train above Miami river panoramic view, Florida state, USA.

10 Ways to Be More Sustainable as a Renter in Miami

As climate change poses increasing challenges to coastal cities, Miami has taken significant steps to mitigate its impact and create a more environmentally friendly urban…