Rental Statistics | Rental Clock | Rental Protection Agency

Rental Statistics (Rental Clock)

The current rental clock for the United States as of APR 19,2024 | 03:43 EST

# of RENTERS in USA118,097,754

# of LANDLORDS in USA24,240,119

Rental Clock Facts

Renter Statistics

Growth Rate:INCREASING

Daily Growth: 2,654 New Renters

Renter Population Factors:

One birth every................ 28 Seconds

One death every............. 39 Seconds

One migrant every........... 108 Seconds

Landlord Statistics

Growth Rate: INCREASING

Daily Growth: 544 New Landlords

Landlord Population Factors:

One new rental unit ................ 80 Seconds

One new renter every.............. 32 Seconds

(Other: Property type, Ownership level, Vacancy rates)

Rental Stats for USA

Renter Household Size by Percent 1 Renter per Rental Unit ............... 36.6% 2 Renters per Rental Unit ............. 26.7% 3 Renters per Rental Unit ............. 15.4%

4 Renters per Rental Unit ............... 11.2% 5 Renters per Rental Unit ............... 5.7% 6 Renters per Rental Unit ............... 2.5% 7+ Renters per Rental Unit ............. 2.0%

15 � 24 Years of age ................... 12.7% 25 � 34 Years of age ................... 27.9% 35 � 44 Years of age ................... 22.7% 45 � 54 Years of age ................... 15.0%

55 � 64 Years of age ....................... 8.1% 65 Years or older ............................ 13.6% 65 � 74 Years of age ....................... 6.0% 75 � 84 Years of age ....................... 5.2% 85 Years or older ............................ 2.3%

Rental Stats by State

Percentage of Renters by State USA Renters ........................ 33.81% Alabama Renters................. 27.54% Alaska Renters..................... 37.50% Arizona Renters................... 31.97% Arkansas Renters................ 30.61% California Renters................ 43.09% Colorado Renters................ 32.69% Connecticut Renters........... 33.18% Delaware Renters............... 27.68% District of Columbia Renters 59.24% Florida Renters................... 29.92% Georgia Renters................. 32.50% Hawaii Renters................... 43.49% Idaho Renters.................... 27.61% Illinois Renters................... 32.73% Indiana Renters................. 28.56% Iowa Renters..................... 27.66% Kansas Renters................. 30.75% Kentucky Renters.............. 29.25% Louisiana Renters............. 32.06% Maine Renters.................. 28.42% Maryland Renters............. 32.26% Massachusetts Renters.... 38.29% Michigan Renters............. 26.22% Minnesota Renters........... 25.45% Mississippi Renters.......... 27.66%

Missouri Renters................. 29.73% Montana Renters................. 30.93% Nebraska Renters................ 32.55% Nevada Renters................... 39.13% New Hampshire Renters...... 30.32% New Jersey Renters............. 34.37% New Mexico Renters........... 30.02% New York Renters............... 47.01% North Carolina Renters....... 30.64% Ohio Renters....................... 30.89% Oklahoma Renters.............. 31.59% Oregon Renters................... 35.75% Pennsylvania Renters......... 28.69% Rhode Island Renters......... 39.98% South Carolina Renters...... 27.79% South Dakota Renters........ 31.80% Tennessee Renters............ 30.07% Texas Renters.................... 36.20% Utah Renters...................... 28.48% Vermont Renters................ 29.44% Virginia Renters.................. 31.91% Washington Renters........... 35.41% West Virginia Renters......... 24.82% Wisconsin Renters.............. 31.57% Wyoming Renters............... 30.01%

Rental Statistics Calculations:
Calculations have been derived from data collected from the 2000 Census. Estimates have been made based upon home ownership type to determine the number of Landlords in the USA. In most cases new rental properties are included in the RPA� Public Records database within 60 days. (Landlord Risk Report/ ScoreTM)