Just a small share of renters in the United States were homeowner ready in 2022. In El Paso, TX, the percentage of renters who could afford to buy a home with a seven percent mortgage was the highest at about 39 percent. Homeownership in Urban Honolulu, HI, San Diego, CA, and Los Angeles, CA, was most out of reach, with less than five percent who could afford to buy a home.
Share of renters who can afford to buy the median-priced home in the largest metros in the United States in 2022
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Statistics on
About the industry
10
- Premium Statistic Price index for housing purchases South Korea 2013-2023
- Premium Statistic Mean purchase price of housing in Seoul South Korea 2023, by housing type
- Premium Statistic Mean jeonse price of housing Seoul South Korea 2023, by housing type
- Premium Statistic Mean purchase price of housing South Korea 2023, by housing type
- Premium Statistic Mean purchase price of housing South Korea 2022, by province
- Premium Statistic Mean jeonse price of housing South Korea 2022, by housing type
- Premium Statistic Mean jeonse price of housing South Korea 2022, by province
- Basic Statistic Share of adult's living situations in the United Kingdom (UK) 2017, by country
- Premium Statistic House price index in the Balearic Islands 2008-2022
- Premium Statistic Housing transaction volume South Korea 2009-2022
About the region
10
- Premium Statistic Leading mortgage lenders in the U.S. 2022, by value of loans
- Premium Statistic Mortgage interest rates in the U.S. Q1 2019- Q2 2023, by mortgage type
- Premium Statistic Leading metros for millennial homebuyers in the United States in 2022
- Premium Statistic Number of properties with foreclosure filings U.S. 2005-2023
- Premium Statistic Foreclosure rate U.S. 2005-2023
- Premium Statistic Housing demand in the U.S. as measured in pending home sales 2001-2022, per month
- Premium Statistic U.S. household expenditure on tenants insurance 2007-2021
- Premium Statistic Number of households and residents renting in the U.S. 2022, by structure type
- Premium Statistic Leading residential lenders in the U.S. 2022, by mortgage originations
- Premium Statistic Typical value of single-family homes in Florida 2020-2021, by metro
Other regions
9
- Premium Statistic Average apartment purchase price per square meter South Korea 2023, by province
- Premium Statistic Value of buy-to-let mortgage lending in the UK 2011-2021, with a forecast until 2024
- Premium Statistic Monthly price change of second-hand residential buildings in Beijing 2018-2023
- Premium Statistic Annual average interest rate on new mortgage loans in Malta 2008-2022
- Premium Statistic Annual average interest rate on new mortgage loans in Croatia 2007-2022
- Premium Statistic Annual average interest rate on new mortgage loans in Cyprus 2007-2022
- Premium Statistic Annual average interest rate on new mortgage loans in Portugal 2007-2022
- Premium Statistic Annual average interest rate on new mortgage loans in Estonia 2006-2022
- Premium Statistic Total number of housing units in European countries 2022
Related statistics
10
- Premium Statistic Average buy-to-let property yield in the UK 2023, by property type
- Premium Statistic Average fixed rate prices of buy-to-let mortgages UK 2021-2022, by term
- Premium Statistic Share of purchase and remortgage lending of buy-to-let properties UK Q2 2022
- Premium Statistic Average loan size of buy-to-let properties UK Q3 2021-Q2 2022
- Premium Statistic Average loan to value (LTV) of buy-to-let properties UK Q2 2022
- Premium Statistic Buy-to-let mortgage term preferences distribution in the UK Q4 2019
- Premium Statistic Distribution of buy-to-let mortgage lender arrangement fees in the UK Q4 2019
- Premium Statistic Average flat fee on buy-to-let mortgages in the UK 2018-2019
- Premium Statistic Average buy-to-let loan for individuals and Limited Companies UK Q4 2019
- Premium Statistic Average value of buy-to-let properties UK Q4 2016-2019
Further Content: You might find this interesting as well
National Association of Realtors. (December 13, 2022). Share of renters who can afford to buy the median-priced home in the largest metros in the United States in 2022 [Graph]. In Statista. Retrieved April 29, 2024, from https://www.statista.com/statistics/1375013/share-of-renters-who-can-afford-to-buy-a-home-usa-by-metro/
National Association of Realtors. "Share of renters who can afford to buy the median-priced home in the largest metros in the United States in 2022." Chart. December 13, 2022. Statista. Accessed April 29, 2024. https://www.statista.com/statistics/1375013/share-of-renters-who-can-afford-to-buy-a-home-usa-by-metro/
National Association of Realtors. (2022). Share of renters who can afford to buy the median-priced home in the largest metros in the United States in 2022. Statista. Statista Inc.. Accessed: April 29, 2024. https://www.statista.com/statistics/1375013/share-of-renters-who-can-afford-to-buy-a-home-usa-by-metro/
National Association of Realtors. "Share of Renters Who Can Afford to Buy The Median-priced Home in The Largest Metros in The United States in 2022." Statista, Statista Inc., 13 Dec 2022, https://www.statista.com/statistics/1375013/share-of-renters-who-can-afford-to-buy-a-home-usa-by-metro/
National Association of Realtors, Share of renters who can afford to buy the median-priced home in the largest metros in the United States in 2022 Statista, https://www.statista.com/statistics/1375013/share-of-renters-who-can-afford-to-buy-a-home-usa-by-metro/ (last visited April 29, 2024)
Share of renters who can afford to buy the median-priced home in the largest metros in the United States in 2022 [Graph], National Association of Realtors, December 13, 2022. [Online]. Available: https://www.statista.com/statistics/1375013/share-of-renters-who-can-afford-to-buy-a-home-usa-by-metro/