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- The share of each state’s single-family housing stock used as rentals, according to BatchData
The share of each state’s single-family housing stock used as rentals, according to BatchData
BatchData finds that nearly 18% of America’s single-family housing stock is now rental—though levels vary widely by state.
Lance Lambert
March 03, 2026
Webinar invite: Should single-family investors consider new construction?
On Thursday, March 5, we will hold a special webinar at 3:00 p.m. ET (12:00 p.m. PT). The webinar will be geared towards mom-and-pop single-family investors/landlords.
ResiClub will ask the team behind the Lennar Investor Marketplace why they think small and midsized single-family investors should consider new construction—the pros, the cons, and the math.
To join the March 5th webinar, use this Zoom link to register: https://zoom.us/meeting/register/RQcEK0wlR86owEa4m3p8eA
Add the webinar to your calendar 👇
According to an analysis by BatchData, around 18% of the nation’s total single-family housing stock is comprised of rentals.
At the state level, there is a wide range. BatchData estimates that around 24.8% of Nevada’s single-family homes are rentals, compared to just 13.2% in Maryland.
Who owns those single-family rentals?
Despite all the chatter online about Wall Street landlords and institutional investors, the single-family rental market is still overwhelmingly dominated by everyday owners. According to a BatchData’s analysis of every U.S. single-family home, 89.6% of single-family rentals are held by “mom-and-pop” landlords who own between 1 and 5 rental properties. Some small mom-and-pop landlords view single-family rentals as a supplement to a 401(k)—or even as an outright alternative to one. Some are accidental landlords who chose to keep their starter home as a rental rather than sell it, while others jumped in during the Airbnb boom.
To understand just how dominant small players are in single-family investing, just ask any property management group. Back in January, PURE Property Management and HomeRiver Group announced they were merging to form PURE HomeRiver, creating what the companies say is the nation’s largest third-party single-family rental (SFR) property management platform. The combined company—each firm bringing roughly 20,000 units—now manages more than 40,000 rental homes across 200+ markets. During my call with their executives, I asked how many individual owners they work with across those 40,000 homes. Their answer: just under 20,000.
Of course, these figures above do vary by market, with institutional players like Invitation Homes, Tricon Residential, and American Homes 4 Rent having a greater concentration in some Sun Belt markets like Atlanta.
Note: Each study on this topic will produce slightly different results depending on the classification methodologies employed.
Where home prices are down the most since their 2022 peak
For a deeper local market look at house prices, ResiClub members should read this report: Home price analysis for 800+ metros, 3,000+ counties, 25,000+ ZIPs
ResiClub is currently fielding three industry surveys. If you’re in one of these groups, we’d love your participation. The results will be published in ResiClub and across some traditional media outlets.