What is the homeownership rate in the US?
Updated Apr. 14, 2026Refreshed annually
The homeownership rate in the US was 65.2% in 2025. That means about 2 in 3 households owned their home while the remainder rented.
65.2%
of households owned their home in 2025
2 in 3
households owned their home in 2025
According to the Census Bureau, understanding homeownership rates can help determine if people's needs are met by available housing and can inform policy and funding decisions.
Homeownership rates declined from the start of the Great Recession through 2016.
Share of households that own their own home, 1960–2025
During the housing bubble of the mid-2000s, homeownership rates rose to a peak of 69% in 2004. When the housing bubble popped in 2007 and the Great Recession started, foreclosures increased and there was a shift from owning to renting: the homeownership rate declined through 2016, when it bottomed out at 63.4%. It then began to increase. The homeownership rate in 2025 was down 1.4 percentage points from 2020.
How do homeownership rates vary across rural and urban areas?
Homeownership rates don't just shift over time — they also vary across places for many reasons, including economic conditions and demographic characteristics.
Homeownership is least common in urban areas.
Share of households that own their home, by urbanicity (1994–2025)
In 2025, homeownership rates were highest in rural areas, at 73.9%; 72.6% of households owned their homes in suburban areas, and 49.8% of households in urban areas. Since their respective housing-bubble highs, homeownership rates have dropped 3.8 percentage points in suburban areas, 4.5 points in urban areas, and 2.4 points in rural areas. In the shorter term, homeownership rates in all three area types have increased over the last five years.
The places defined as rural, suburban, or urban shift every 10 years or so as populations grow, fall, or move and how places become more or less economically interconnected. This means changes in the rate may be the result of, for example, a county's classification changing from rural to suburban as opposed to a real change in homeownership.
Which states have the highest and lowest homeownership rates?
Homeownership rates ranged from a low of 52.2% in New York to 78.1% in West Virginia in 2025. Washington, DC's rate is lower than all states at least partly because it's entirely urban. Washington DC's 2025 homeownership rate was 40.3%.
New York had the lowest homeownership rate of any state in 2025.
Share of households that own their home, 2025
State-level homeownership rates vary due to factors like population density, economic conditions, and population characteristics.
Homeownership rate by state (2025)
| 1. | West Virginia | 78.1% |
| 2. | Delaware | 75.5% |
| 3. | Vermont | 75.3% |
| 4. | Mississippi | 74.9% |
| 5. | Maine | 74.7% |
| 6. | Michigan | 74% |
| 7. | Wyoming | 73.7% |
| 8. | New Hampshire | 73.3% |
| 9. | South Carolina | 73% |
| 10. | Kentucky | 72.4% |
Keep exploring
Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
The analysis was generated with the help of AI and reviewed by USAFacts for accuracy.
Page sources
USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.
