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Apartment Rental in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Apartment Rental Market Research Report | NAICS 53111 | Jan 2015

Moving in: Low homeownership and sustained unemployment will support modest growth

The Apartment Rental market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$165bn
Annual Growth 10-15
4.8%
Annual Growth 15-20
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Profit
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Employment
928,694
Businesses
631,749
Industry Analysis & Industry Trends

Demand for the industry will remain relatively strong over the next five years as homeownership rates stay flat. Furthermore, sustained unemployment will cause consumers to rent more instead of buying. US demographic changes, particularly regarding population trends and marital rates, will likely limit demand for homeownership, supporting modest growth... purchase to read more

Industry Report - Industry Products Chapter

The Apartment Rental industry composed of players that act as lessors of buildings used as residences or dwellings, including apartment buildings, single-family homes and townhomes. Owner-lessors are included in this industry, as are firms and individuals who rent property and then act as lessors in subletting the space to others.

Apartments are rental units situated within buildings or complexes with five or more units, while the townhome segment of the industry includes properties with two to four units, and the single-family home sector is made up of traditional houses and leasable manufactured or mobile homes.

Rental units are generally differentiated by the type, style, size and location of the unit and/or the property... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Apartment Rental Industry?

Operators in this industry act as lessors of buildings used as residences or dwellings. Industry participants are owner-lessors of residential buildings and establishments that rent real estate and then act as lessors by subleasing it to others. In addition to apartment rentals, the industry also includes single-family homes and town houses.

Industry Products
Rental of one-unit structuresRental of two- to four-unit structuresRental of five- to nine-unit structuresRental of 10- to 19-unit structuresRental of 20- to 49-unit structuresRental of 50- or more unit structuresRental of manufactured homes, mobile homes or trailers
 
Industry Activities
Renting or leasing residential buildingsRenting or leasing residential dwellings


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