Single-family rentals account for nearly 45% of all rental households in the US last year, jumping in share by the largest margin since 2014.

Between 2020 and 2021, SFR's share of rental households grew by 104 basis points, the largest single-year jump since 2014, according to research from Chandan Economics and Arbor.  The firms say SFR's share of rental households is "at a peak," surpassing its previous high of 44.1% observed in 2017.

"Over the next few years, several trends are likely to put continued upward pressure on single-family housing demand," they note in a report breaking down the research. " The maturation of the Millennial and Gen Z cohorts, the effects of work from home on housing consumption preferences, and a growing tendency for seniors to 'age in place'  are all trends that are likely to increase the market need for single-family housing."