{"id":109672,"date":"2014-12-05T11:54:29","date_gmt":"2014-12-05T16:54:29","guid":{"rendered":"https:\/\/www.livabl.com\/articles\/?p=109672"},"modified":"2014-12-18T16:37:07","modified_gmt":"2014-12-18T21:37:07","slug":"most-renters-cities-united-states","status":"publish","type":"post","link":"https:\/\/www.livabl.com\/articles\/archives\/most-renters-cities-united-states","title":{"rendered":"Interactive: Find out which US cities have the most renters"},"content":{"rendered":"

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Photo: robert madeira\/Flickr<\/a><\/em><\/p>\n

Owning your own home might be a big part of the American Dream, but more Americans are turning to the rental market instead. In late October 2014, the US Commerce Department revealed<\/a> that home ownership has stalled across the country. In the third quarter, the seasonally adjusted rate dropped to 64.3 per cent, a nearly 20-year low. It’s the lowest home ownership rate the US has seen since the fourth quarter of 1994.<\/p>\n

On the ground, home ownership rates differ widely between major cities. On December 4th, the US census department released the American Community Survey 5-year estimates from 2009 to 2013. We mined the data and looked into the 100 most populous cities to see which had the highest percentages of renters.<\/p>\n

The result? Big, busy and expensive cities such as New York, San Francisco and Miami are all home to large renter populations. After all, when the median price of owner-occupied housing unit is $744,600, as it is in San Francisco, many would-be home buyers would be forced to rent instead.<\/p>\n

However, cities with less robust economies, such as Newark, New Jersey and commuter towns like Jersey City also figured up quite high on the ranking.<\/p>\n

To learn more, check out our interactive map and sortable table below to see how the metros compare:<\/p>\n