Have questions about buying, selling or renting during COVID-19? Learn more

Zillow Research

Can Denver Absorb a Coming Flood of Multifamily Housing?

In 2010, a majority of Denver households were homeowners. By 2014, a slim majority of Denver households were renters. This shift did not go unnoticed by Denver-area builders, with permits for multifamily properties hitting decade-long highs in recent years even as single-family home permitting activity remained stalled at a fraction of pre-recession levels.

Americans Paid $535 Billion in Rent in 2015

America’s 43 million renter households spent $535 billion on rent in 2015, up $19 billion, or 4 percent, from $516 billion in 2014. The increase was driven both by rising rents and a surge in the number of U.S. renter households, which grew by about 1.8 million this year compared to 2014.