GITNUX MARKETDATA REPORT 2024

Must-Know Property Rental Statistics [Latest Report]

Statistic 1

"In the first quarter of 2021, there were approximately 43.32 million housing units occupied by renters in the United States."

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Statistic 2

"About 36.17% of households in the US rented their home in 2020."

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Statistic 3

"The most expensive rental market in North America is Manhattan with median rent of $3,475 per month for a one-bedroom apartment."

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Statistic 4

"85% of the UK’s rental properties were let by private landlords in 2018."

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Statistic 5

"The average monthly rent in London was £1,425 ($1,934) in February 2021."

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Statistic 6

"In Canada, there were approximately 4.4 million rental households in 2016."

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Statistic 7

"On average, it took 18 days to fill a vacant rental property in Australia in 2020."

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Statistic 8

"The Coronavirus pandemic caused the average monthly UK rent to fall 1.6% in 2020, marking the first annual decrease since 2009."

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Statistic 9

"According to a 2019 survey by Zillow, the median monthly rent for a single-family home in the US was $1,600."

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Statistic 10

"The global online rental marketplace is expected to reach $107.4 billion by 2026."

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Statistic 11

"Germany leads Europe in terms of rental properties with over 58% of citizens living in rented accommodation."

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Statistic 12

"France had around 6.6 million private rental properties in 2017."

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Statistic 13

"Approximately 31% of Australian households were renting their home in 2020."

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