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Published • United States • Updated

White picket rents: Tenants are flooding the suburbs where they can't afford to buy

Summary by Ground News
Renting is taking off in the suburbs as homeownership remains out of reach for many would-be buyers. Between 2018 and 2023, rentership surged by at least 5 percentage points in 11 out of 20 suburbs surrounding the largest U.S. metro areas, according to a recent analysis by Point2Homes, a rental market research company.

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White picket rents: Tenants are flooding the suburbs where they can't afford to buy

Remote work, steep mortgage rates and new types of rental properties are fueling demand far from urban downtowns.

·United States
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Bias Distribution

  • 67% of the sources are Center
67% Center
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NBC News broke the news in United States on Thursday, June 12, 2025.
Sources are mostly out of United States (3)

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