Search
 

Renters Choose Larger Homes, Longer Stays

Family formation and remote work are driving the single-family rental market.

By Kristen Smithberg | February 27, 2025 at 06:02 AM

Renters are increasingly choosing to stay put for more than a decade, as soaring home prices and tight inventory keep many on the sidelines of homeownership. Among those long-term renters, many are seeking the spaciousness offered by three-bedroom homes as they look for space to settle into for a while, according to a Point2Homes research report.

“This trend works like a seesaw: If the number of renters who move after less than a year is dropping, then long-term renters are on the rise,” said the report. “That’s because renters who don’t keep moving and don’t become homeowners inevitably become long-term renters.”

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.