GITNUX MARKETDATA REPORT 2024

Rental Property Retirement Statistics

Rental properties can provide a steady income stream and potential for long-term wealth accumulation in retirement.

In this post, we explore the compelling statistics behind the growing trend of utilizing rental property as a profitable source for retirement income. From the increasing popularity of real estate investment among Americans to the impressive returns and future market projections, these figures shed light on the allure and challenges of property ownership in retirement planning.

Statistic 1

"About 35% of Americans invest in real estate apart from their primary residence to generate retirement revenue."

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Statistic 2

"In 2019, around one-third of US residential properties were renter-occupied."

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Statistic 3

"Between 2001 and 2017, the gross equity of real estate-owned held by American households increased by 85%."

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Statistic 4

"35% of rental property owners are age 65 or older."

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Statistic 5

"80% of rental property investors earn an income of $75,000 or above."

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Statistic 6

"92% of investors plan to invest more in rental properties in the future."

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Statistic 7

"Real estate produced an average annual return of 6.09% between 1999 and 2019."

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Statistic 8

"Single-family rentals experienced 86 percent growth from 2005 to 2015."

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Statistic 9

"Gross rental yields for condominiums remained relatively stable from 1999-2019."

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Statistic 10

"28% of investors buying real estate have self-directed retirement accounts."

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Statistic 11

"47% of investment home buyers planned to rent the property to others in 2020."

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Statistic 12

"By 2025 the single-family rental market is expected to grow by 5.8%."

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Statistic 13

"Around 31% of property investors plan to buy more rental property in 2021."

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Statistic 14

"Apartments offer a 6.5% return on rent from aging populations in the U.S."

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Statistic 15

"Buying a rental property is 50% more likely to yield a higher return than investing in stocks."

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Statistic 16

"84% of retirees believe that the income from rental property will fulfil their retirement income needs."

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Statistic 17

"47% of retirees say owning rental property is harder than they thought."

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In conclusion, the statistics presented clearly illustrate the growing trend of using rental properties as a source of retirement income among Americans. With a significant percentage of investors earning substantial incomes and expressing intentions to further invest in rental properties, the real estate market shows promising potential for future growth. The data also highlights the stable returns and comparative advantages of investing in rental properties over stocks, attracting a considerable interest from retirees seeking secure income streams. However, the findings also indicate challenges faced by retirees who find property ownership more demanding than expected. Overall, the statistics underscore the substantial role that rental properties play in retirement planning and the evolving landscape of real estate investment in the United States.

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