
The Single-Family Rental Is On the Decline
A record 33% of U.S. rentals are in large multifamily buildings, while 31% are single-family homes—a record low. As recently as 2021, single-family homes made
Grishma Bhattarai is an economist at Redfin, where she analyzes housing market trends and their broader socioeconomic impacts. Her work is fueled by her commitment to economic mobility and social equity, and she is deeply passionate about making economics and data accessible to all. Prior to joining Redfin, Grishma worked with organizations such as the World Bank, Stanford University, and the University of Cambridge, where she led data-driven solutions across sectors like financial regulation and social justice. Grishma holds a Master’s degree in Quantitative Economics and Data Analytics from the University of Chicago.

A record 33% of U.S. rentals are in large multifamily buildings, while 31% are single-family homes—a record low. As recently as 2021, single-family homes made

The typical retail worker earns $34,000 per year, or 52% less than they would need to afford the typical apartment. Rental affordability has improved slightly

22% of U.S. home listings are affordable to the typical U.S. military veteran using a VA loan. Veterans–both those using VA loans and those using

Just 28 out of every 1,000 U.S. homes changed hands in the first nine months of 2025, the lowest rate since the 1990s. Affordability challenges

The typical home that was impacted had a value of $3.7 million prior to the fires. $51.7 billion worth of homes in the city of

The number of homes on the market in the Sunshine State rose 23% year over year to a record high in January amid a decrease

A record 33% of U.S. rentals are in large multifamily buildings, while 31% are single-family homes—a record low. As recently as 2021, single-family homes made

The typical retail worker earns $34,000 per year, or 52% less than they would need to afford the typical apartment. Rental affordability has improved slightly

22% of U.S. home listings are affordable to the typical U.S. military veteran using a VA loan. Veterans–both those using VA loans and those using

Just 28 out of every 1,000 U.S. homes changed hands in the first nine months of 2025, the lowest rate since the 1990s. Affordability challenges

The typical home that was impacted had a value of $3.7 million prior to the fires. $51.7 billion worth of homes in the city of

The number of homes on the market in the Sunshine State rose 23% year over year to a record high in January amid a decrease