Neighborhood Ventures Research

Since 2005, the number of US renter households aged 50+ has increased dramatically, jumping from 10 to nearly 15 million, and accounting for more than half of all renter growth over the past decade. The baby boom cohort, now aged 50-69, is responsible for most of the increase in older renters. This cohort will continue to drive up the number of renters in their 70s and beyond.