Renter-majority suburbs in 50 largest metros

Renters are now the majority in 103 U.S. suburbs that were previously homeowner territory 10 years ago, and 57 other suburbs are expected to follow suit in the next five years, according to RentCafe.

Due to these changes in numbers since 2010, renters claimed the majority share in 103 suburbs, while only four suburbs transitioned to owner-majority in the same timeframe. Moreover, the latest U.S. Census data shows nearly two out of every five people in today’s suburbia are renters, making up an average share of 39 percent in the suburbs of the United States’ largest metros.

To read the full report, click here.