Majority of renters say they prefer renting to home ownership

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A survey found that many renters see renting as more convenient that owning.

March 13, 2015

Most renters say they prefer renting to home ownership, according to a survey by Apartments.com. Among renters who previously owned their homes, 51% said they prefer renting; and 56% of renters who have never owned a home said they prefer renting.

The top reasons for choosing to rent instead of buy: no unexpected repairs; low maintenance; the flexibility to move; more affordable; no unexpected tax increases; and can’t get or don’t want a mortgage.

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