Breakdown of apartment applicants in the U.S. 2021, by generation

Published by Statista Research Department, Mar 20, 2023
In recent years, more and more Gen Zers and Millennials are entering the housing market as home buyers or renters. In 2021, almost half of rent applications in the United States were submitted by Millennial apartment seekers. In comparison, Baby Boomers and older were responsible for only ten percent of applications. According to a survey conducted in 2021, a large percentage of Millennials and Gen Zers are not currently saving for a house.

Distribution of renter applicants in the United States in 2021, by generation

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

March 2022

Region

United States

Survey time period

January to October 2021

Supplementary notes

The source adds the following information: "Gen Z is defined as the generation of people born between 1997 and 2012. Millennials 1981 and 1996. Gen X 1965 and 1980, Baby Boomers and older are people born before 1965"

"The analysis is based on data from around 2.5 million rental applications from RentGrow, Inc. for approximately 34,000 apartment communities. Only properties that had data available for all years pertinent to the analysis were included."

Citation formats
Statista Accounts: Access All Statistics. Starting from $2,388 USD / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Starter Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$199 USD / Month *
Professional Account
Full access

Business Solutions including all features.

* Prices do not include sales tax.

Statistics on " Rental market in the United States "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Rental market in the United States

Overview

8

Rental housing stock and supply

6

Renter profile

5

Rental costs

7

Rental costs in the largest cities

5

Rental affordability and homeownership plans

7

Further related statistics

19

Further Content: You might find this interesting as well

Statistics

Topics

Gen Z and the housing market in the U.S.U.S. housing marketRental market in the U.S.Affordable housing in the U.S.Housing for students in the U.S.
Statista Accounts: Access All Statistics. Starting from $2,388 USD / Year
Learn more about how Statista can support your business.
Menu