The 2009 American Housing Survey indicates that 30 percent of all housing units in the United States are renter-occupied or vacant for-rent, and a startlingly large share of total rental housing stock consists of single-family detached homes: 27 percent, according to the National Association of Home Builders’ blog.
When adding townhouses (single-family attached units), the share of the rental housing stock due to single-family homes is roughly one-third (34 percent rounded). A large share is also due to homes that have been divided into two to four apartments with some common space, which represent 20 percent of the rental housing stock
Subtracting out manufactured housing units, this leaves only 44 percent of rental housing due to traditional multifamily apartment buildings of five or more units.
For more information: https://eyeonhousing.org/2011/07/the-rental-housing-stock/
Related Stories
Custom Builder
How Can Custom Builders Respond to the Current Market?
How can custom builders capture clients today? The Farnsworth Group President Grant Farnsworth shares insights into what custom builders can do
Data & Research
Do Homeowners Really Use the Inflation Reduction Act?
The first IRA report by the Treasury Department reveals who and what has benefitted from energy efficient tax incentives
Business
November Data: Custom Architects Weigh In, New Construction Trends, Contractor Confidence, and Material Price Changes
We've collected highlights from a number of data reports published throughout the industry in November
Codes & Standards
OSHA's Preliminary List of 2023's Most Frequently Cited Standards in Violations
Fall-related violations continue to plague the construction industry despite ample free education and resources
Case Studies
New Pandemic Task Force to Enhance Building Safety
A soon-to-be-appointed Pandemic Task Force seeks to strengthen the built environment in the face of disease-related threats
Data & Research
October's Data From Around the Industry
In October, we saw reports on remodeling spending, individual septic system installations, and the widespread use of rate buydowns to sell new homes
Custom Builder
Take Part in Our Annual Housing Forecast
The best way to understand the residential construction industry is to speak with residential construction professionals. And with that being said, we humbly ask for your input in this year's survey
Custom Builder
How the Zero Energy Ready Home Update Emphasizes Resilience and Decarbonization
ZERH Version 2, released in December of 2022, will boost the efficiency and performance of single-family homes, preparing them for the increasingly oppressive weather
Business
How to Attract and Retain a Multi-Generational Workforce
Attracting skilled laborers remains a top priority for the construction industry, but according to Steve Bench, founder of Generational Consulting, the biggest roadblocks to recruitment and retainment are generational differences
Construction
Small-Duct, High-Velocity HVAC: What It Is and Why It Pairs Well With Modular Homes
Modular home manufacturers, builders, and owners now have many choices when it comes to indoor climate systems, but small-duct, high-velocity (SDHV) systems may be the perfect fit for these types of homes