Renters are mostly happy with their apartments and satisfied with being able to afford their monthly rent, even if it's in areas of town where they could not afford to buy, according to a new RealPage survey of renters.

Most prefer the financial freedom that renting gives them compared to owning a home, especially so among Gen Z, with more than half the group (51%) finding renting a better option than buying.

The survey, in partnership with global research firm The Center for Generational Kinetics, asked 2,000 American renters about their beliefs and perceptions of renting, their expectations for continuing to rent, their opinions on the most important search, decision, and rental experience drivers, their technology requirements, and more.

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