Earlier this week, Apartment List released the June rent report for Houston. Rent growth in Houston still remains far below that of Texas overall, and the area continues to be one of Texas’ more affordable.
Apartment List recently conducted a survey of more than 30,000 renters across the United States, asking questions about their plans for homeownership, affordability, and savings for a down payment.
Our research indicates that the vast majority of millennial renters (79 percent) want to purchase a home, but that affordability is the biggest obstacle that they face.