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Gen Z Renters Are Ditching The City In Favor of 'Vibrant' Suburbs

They also believe that buying a home makes more financial sense than renting.

By Lynn Pollack | April 15, 2021 at 07:38 AM

A recent survey of Gen Z renters conducted by the National Apartment Association in partnership with Statisfacts/Apartment Ratings late last year shows a sharp contrast in preferences compared to other cohorts.   

Compared to pre-pandemic millennials who embraced both migration and dense urban cores, more than half of Gen Zers surveyed said they’ll stay put after graduating from college, with 44% saying they prefer a vibrant suburb over city life. And 43% say they want to rent single-family detached properties after graduating.

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