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Key Stats
- 34 million renter-occupied housing units in the US. (Census Q3'06 Housing Report)
- 12.4 million rental homes, condos, duplexes, and small apartments (sub-10 units) owned by independent landlords. (Census Property Owners & Managers Survey)
- 9.9% rental vacancy rate nationwide, according to the most recent data. (Census AHS Data)
- The SF Bay Area, Los Angeles, Boston, and New York markets had among the lowest vacancy rates (below 7%), and markets such as Atlanta, St. Louis, Houston, Kansas City, San Antonio had vacancy rates exceeding 15% according to the most recent data. (Census AHS Data)
- 80% of renters who search for apartments are also interested in houses, condos, and small apartment buildings. (ApartmentRatings.com survey of 6,500 renters)
- 56,000 active renter profiles available on TenantMarket as of 1/30/2007.
- TenantMarket's Top 10 cities for renters are:
Austin, TX
Houston, TX
Orlando, FL
Atlanta, GA
San Diego, CA
Dallas, TX
Washington, DC
Philadelphia, PA
Chicago, IL
San Jose, CA
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