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Docs/Metrics/Renter share
Metric familytenure_renter

Renter share

The share of occupied housing units that are lived in by a renter.

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Metrics in this familyRenter shareRenter-share trendConsiderationsReferences
Source
American Community Survey (5-Year Estimates)
Geography
tract
Roles
leveltrend
Trend windows
3yr5yr10yr

The share of occupied housing units that are renter-occupied.

The Census Bureau collects tenure at every occupied unit: "The question was asked at occupied housing units. Occupied housing units are classified as either owner-occupied or renter-occupied" (ACS Subject Definitions). A unit that is not owner-occupied under the Bureau's residence test is classified as renter-occupied, including units occupied without payment of rent, which the Bureau tabulates separately as "No rent paid" in its rent tables.

The Bureau states that data on tenure allow planners "to evaluate the overall viability of housing markets and to assess the stability of neighborhoods," and aid in "understanding the characteristics of owner-occupied and renter-occupied units."

Renter share describes the composition of a place's occupied housing, which is what many other housing measures are conditioned on. Rent, rent burden, and renter income all describe only the renter-occupied part of a tract, so renter share tells you how much of the tract those measures speak for.

Metrics in this family#

Renter share

The current share of occupied units that are renter-occupied, taken from the most recent ACS 5-year vintage.

Renter-share trend

Change in that share over 3, 5, or 10 years, selectable in the tool.

Because renter share is a rate, its trend is reported as a change in percentage points rather than as a percentage change, which keeps places that started at different levels comparable.

Considerations#

Renting and owning are the only two categories the Bureau assigns to an occupied unit, so this share and the homeownership rate are two readings of one split rather than two independent facts about a place. Each is published because each answers a different question, but a place high on one is low on the other by definition.

The denominator is occupied units only. Vacant units carry no tenure and are covered instead by vacancy, so a tract with a large seasonal or off-market stock can have a small renter share and still have a large rental building count.

ACS 5-year windows overlap. Each vintage shares four of its five years with the vintage before it, so year-over-year movement reflects smoothed rolling estimates rather than independent annual readings, and turning points appear later than they occurred.

Census tract boundaries were redrawn for the 2020 census. Estimates published on earlier boundaries are carried onto current ones before use, which bears most on the longer trend windows — see geography.

Tracts made up largely of group quarters have few conventional occupied housing units and are not given a share. In tracts with few occupied units the estimate carries a wide margin of error.

Related
Homeownership rateMedian Gross RentRent Burden RateMedian Renter Income

References#

  1. 1ACS Subject Definitionshttps://www2.census.gov/programs-surveys/acs/tech_docs/subject_definitions/2024_ACSSubjectDefinitions.pdf
Regenerated with each data refresh.
On this page
Metrics in this familyRenter shareRenter-share trendConsiderationsReferences
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