According to Pewresearch.org, a decade after the housing bust upended the lives of millions of Americans, more U.S. households are headed by renters than at any point since at least 1965, according to a Pew Research Center analysis of Census Bureau housing data.
The total number of households in the United States grew by 7.6 million between 2006 and 2016. But over the same period, the number of households headed by owners remained relatively flat, in part because of the lingering effects of the housing crisis.
Meanwhile, the number of households renting their home increased significantly during that span, as did the share, which rose from 31.2% of households in 2006 to 36.6% in 2016. The current renting level exceeds the recent high of 36.2% set in 1986 and 1988 and approaches the rate of 37.0% in 1965.
The Southern Arizona Land Trust’s mission is to provide affordable housing throughout the Tucson community. We currently have several clean, well maintained and desirable homes for rent with additional homes currently being built. Please visit the CONTACT tab at the top of this page to reach out to our team at SALT for more info!