Find apartments for rent in
Search by Bedrooms
Search by Price
Search by Apartment Type and Amenities
Discover apartments in all 50 states
Not sure how much you should be paying?Tell us a little about your budget and we'll help you find the right price
Browse by neighborhoods
With the 2022 midterm elections in less than two weeks, economic issues are taking center stage. Throughout this year, inflation has been running at its hottest pace in four decades, and there are growing fears that the Fed’s efforts to push back could induce a recession in the year ahead. Skyrocketing housing costs have been a key component of inflation, and one that could constitute a wedge issue between renters and homeowners. Most homeowners are locked into fixed monthly mortgage payments, and for those that already owned at the start of the pandemic, quickly rising home values have been primarily experienced as a boon to their net worths. In contrast, renters are bearing the full brunt of rising rent prices (nationwide, the median rent is up 23.4 percent since March 2020), and many of those hoping to purchase homes have been priced out of the for-sale market.
We’ve argued in the past that increased political engagement among a coalition of renters could have the potential to swing elections, and the upcoming midterms could prove to be a turning point where such a movement gains momentum. Renters have historically voted at far lower rates than homeowners, but that gap has been narrowing in recent years. Mobilizing renters could be a winning strategy for Democrats, the party that renters tend to favor by a wide margin. But given their present state of economic frustration and disenchantment, this large voting bloc could present an opportunity for either party. In this report, we explore the potential of a renter voting bloc to disrupt national elections, incorporating data on renter voting trends in prior elections, as well as a brand new survey of their current political concerns.
The past two and half years have been the most tumultuous time for the rental market in recent memory. Much of that tumult can be traced back to the way that the pandemic has changed the ways that we live and work. In the earliest phases of the pandemic, many of the nation’s large cities saw sharp rent declines as a subset of renters with newly remote working arrangements moved away from expensive downtown areas that had temporarily lost their vibrancy, in search of more space in the surrounding suburbs. At the same time, widespread job losses also forced many workers to give up leases they could no longer afford. In the time since, big city rent prices have bounced back as employment has rebounded and return to work plans have begun to materialize. But it’s still the suburbs that have continued to see the fastest rent growth. Heightened demand for suburban rentals could continue as an ongoing trend, particularly as a sizable share of the workforce maintains some level of remote work flexibility, and as the large Millennial population continues to age into their “settling down” phase. In this report, we explore in detail how this trend has been playing out in our rent data.
The Census Bureau’s Current Population Survey (CPS) contains annual and monthly data describing how members of each household relate to one another. For the purposes of our research, we use these data to define and track five specific household types.
In Reconfiguring the American Household, our team analyzed decades of CPS data to understand the gradual evolution of household types from 1970 to 2019. For example, the nuclear family – two married parents, their children, and no one else – was once the dominant household arrangement, accounting for 41 percent of all households across the country in 1970. But as Americans began marrying later and having fewer children, the nuclear family became significantly less common; by 2019 it accounted for just 20 percent of households. Today it is more likely for a household to be a single person living alone (28 percent) or a couple living together without children (26 percent). Meanwhile, multi-family households, including the traditional roommate household where no members are related by blood or marriage, remain relatively rare but have become more common over time.
Significant changes in household composition normally take decades to play out, but in 2020 these gradual movements were supplanted by abrupt shifts. The pandemic caused many Americans to rethink their current living arrangements. As unemployment spiked to nearly 15 percent, many struggled to afford their regular housing expenses. As jobs and schools went remote, many felt that they lacked adequate space for themselves and their families to operate comfortably from home. As proximity to others became a health risk, many left close-quarter living arrangements and high-density cities. What transpired is a series of rapid changes in household formation and composition. Below we highlight five of these changes and the impact they have on housing affordability.
Search on the go with our Apartment List Mobile Apps
Download our app! Search on the go with the Apartment List mobile app. Get personalized matches, easily compare favorites, and contact apartments, all within a beautiful experience designed for the modern day renter. Finding a home has never been easier.
We work hard to find the listings that are most relevant to you, making your search easier. From finding the right location to a manageable commute and beyond, we‘re genuinely pumped about helping you through the entire process.
How It Works
At Apartment List, our mission is to find you a home and our method is trust and transparency. With tons of homes and apartments for rent in almost every state, city, and neighborhood across the nation, we‘re here to help you find your next home.
Here’s how it works: first, we get to know you. You’ll answer a few simple questions and we’ll find the best matches – just for you. Then, we mix and match your personalized results, making it easy to discover places with the perfect combination of price, location and amenities. From there, we help you figure out which listings are best to visit and eventually lease, showing you up-to-date pricing and availability, rent specials, and much more. After all, everyone deserves a home they love.