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Would-Buy Millennials Fuel the Rise of Lifestyle Renting in Charlotte
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Would-Buy Millennials Fuel the Rise of Lifestyle Renting in Charlotte
The share of high-earning Millennial renters saw a 20% spike in 2025 compared to the previous year, reaching 43% (a 5-year high), according to a new report by RentCafe. Due to the difficulties of buying a home, would-be Millennial homebuyers with annual incomes over 50K perpetuate a lifestyle renting trend that has been visible for years now. Small American cities perceived as homeowner territory, seem to be the preferred locations for would-buy…
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