Renters have lived in their current homes for four years, on average, according to a new study. The survey of 2,000 American renters found that 28% have even stayed planted for longer, residing in their rentals for seven years or more. And within that group, baby boomers (41%) and Gen X (28%) have remained in place the longest out of all generations.
Research Shows Rise in Long-Term Renting Across u.s.