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Home Source, April 3, 2026

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How cost and geography are defining America’s renters

Realtor.com

News release

America’s rental market is often discussed as if it were a single, uniform experience. It is not. A new report, which includes an analysis of 2024 American Community Survey data across the 100 largest metropolitan areas by Realtor.com, finds the U.S. rental market is splitting into three distinct but overlapping groups. For most tenants, the decision of where and how to live is increasingly a calculation of financial survival rather than a lifestyle choice.

Young renters are being priced out of the markets they once defined, while family renters — disproportionately minority households — find homeownership structurally out of

reach. Meanwhile, long-term renters remain largely locked in place, many unable to afford the market they already live in. Together, these trends reveal a rental landscape shaped less by individual preference than by cost, geography and unequal access.

“We often hear that today’s renters are choosing to rent because they don’t want to be homeowners or are choosing to be ‘forever renters.’ But in order to understand what’s holding renters back, we need to know who they are, where they are and why they’re renting,” said Danielle Hale, chief economist at Realtor.com. “America’s rental landscape is being shaped by cost and geography in ways that limit flexibility for almost every type of tenant. Whether it’s young professionals moving inland for breathing room or

families in high-cost markets stuck behind an affordability wall. Despite the fact that 75% of Americans believe homeownership is part of the American dream, we found that in nearly every category of renter, achieving homeownership is a challenge.”

The new geography of young renters

• Represent 31.9% of all renter households nationally

• A typical young renter household in the U.S. is headed by a 28-year-old adult, with a household size of two people living in a two-bedroom unit, earning $65,000 annually

• Concentrated in mid-size, affordable inland metros that offer job opportunity — not expensive coastal cities

• Markets with high young renter shares show significantly lower affordability stress, higher shares of single-person households and lower rates of doubling-up

Young renter households, headed by an adult under 34, represent 31.9% of all renter households nationally. While high-profile coastal cities are traditionally seen as magnets for this group, they are increasingly absent from the top markets for young renter concentration. Instead, young renters are flocking to mid-size, affordable inland metros with tight labor markets. The top metros for young renters include Colorado Springs (45.7%), Austin (44.6%), and Denver (43.5%). The shift is driven by a massive

n See RENTERS, page 4

Debunking common myths about metal roofs

StatePoint Media

Shopping for a new roof but unsure if metal is the right material for your home? Metal roofing is tougher, safer and longer-lasting than asphalt, with an expected lifespan of more than 50 years. Additionally, metal roof systems offer energy cost savings, withstand extreme weather, and boost resale value.

Despite these benefits, lingering myths sometimes prevent homeowners from opting for metal roofs. Below are answers to frequently asked questions about metal roofs to help you sort fact from fiction: Can you walk on a metal roof? Tin roofs that bend, buckle or crumple are a thing of the past. Whether cleaning gutters, picking up storm debris or fetching a lost kite, you can do so on a high-quality metal roof. For example, ProVia shake, slate and barrel tile metal roofing is made with strong 26-gauge galvanized steel. Just be sure to ask your contractor or manufacturer where and how to walk on the roof and never do so when it is wet or extremely dusty. Is metal roofing heavy? Metal panel roofing systems are heavy duty, not heavyweight, giving you the added strength of steel without added weight. The average per-square weight for an asphalt shingle roof is 240-270 pounds, and for slate is 800-1500 pounds.

By contrast, a metal roof system is much lighter, coming in at a persquare-weight of only 108 pounds.

Do metal roofs attract lightning? Metal is actually one of the best materials to have if your home were struck by lightning, working to disperse energy safely through the home’s structure rather than allowing it to penetrate or spontaneously ignite or shock. And metal is noncombustible, so if lightning does hit, a metal roof will not catch fire. Are metal roofs noisy when it rains? In residential structures, roofing is part of a complete system that includes attic space, the roof deck, underlayment materials that prevent moisture, and interior insulation, all of which absorb sound. When

installed properly, a metal roofing system should be as quiet as any other roofing material. Are metal roofs easily dented by hail? Metal roofs are well-known for being much more durable than other roofing materials, especially asphalt. In fact, in many areas where extreme weather can occur, metal roofs are the better choice for homes, so much so that many insurance companies offer price breaks for metal roof systems.

Do metal roofs attract heat? Metal roofs release solar heat much more quickly than asphalt roofs, which absorb heat with their petroleum and granular composition. ProVia metal roofing reduces the heat load of your house, providing up to 30% energy savings. Do metal roofs impact cell reception? Metal

Metal roofs are long lasting and durable and can even provide energy savings.

roofing allows radio signals to pass through with little disruption and is no different in this regard to other common building materials like brick or concrete.

Do metal roofs rust? Rust occurs when iron reacts with oxygen and water, causing oxidation that deteriorates the metal. That’s why ProVia metal roofing panels are treated with 11 total layers of anti-corrosive coating that prevent moisture from reaching the metal, ensuring each panel is protected.

To learn more about the benefits of metal roofing, visit provia.com.

“Don’t let misinformation deter you from selecting your next roof wisely. Metal roofing is durable, beautiful and safe,” said Chance Shalosky, ProVia Metal Roofing product manager.

Equal Opportunity Law

All real estate advertising in this newspaper is subject to the federal Fair Housing Act which makes it illegal to advertise “any preference, limitation or discrimination based on race, color, religion, sex, physical handicap, familial status or national origin, or an intention to make any such preferences, limitation or discrimination.” California also extends protection based on age and marital status. The Mountain Democrat makes every effort to comply with these federal and state regulations. We ask your assistance in maintaining an acceptable standard of advertising. While they may seem inconvenient at times, these laws are written to protect you, our readers and advertisers, as well as ourselves. This newspaper will not knowingly accept any advertising for real estate which is in violation of the law. Our readers are hereby informed that all dwellings advertised in this paper are available on an equal opportunity basis. For further information, you can call the Dept. of Fair Employment & Housing at (916) 445-9918 or the State Dept. of Consumer Affairs at (800) 344-9940.Note: Rental ads that contain the phrase “Single Occupancy” refer only to the physical characteristics of the dwelling and are not intended to state a preference of either marital or familial status.

Courtesy photo

a ordability gap: in the top 10 young renter markets, an average of 52.6% of renters can a ord a fair market rent, compared to just 32.0% in Miami and 33.6% in Los Angeles. Yet, a ordability alone does not explain why young renters choose these specific markets over other a ordable alternatives.

The top markets also o er something equally important — jobs. In December 2025, the average unemployment rate across the top 10 young renter markets was 3.6%, compared to a national rate of 4.1%, suggesting these are not just cheap markets but genuinely tight labor markets where early-

career opportunities are abundant. Austin — named twice as a top destination for recent college graduates — has emerged as one of the country’s most dynamic labor markets, drawing technology companies, financial services

firms and corporate relocations that have created a deep well of early-career opportunity. Where renting is a ordable, these households have the financial room to live independently, with higher shares of singleperson households. Where it is not, they are forced to double up. In Los Angeles, for example, 16.3% of young rental households live in “doubled-up”

arrangements, nearly double the 8.6% average in the top 10 young renter markets.

The homeownership barrier for family renters

• Represent 44.3% of all renter households nationally

• A typical family renter household in the U.S. is headed by a 42-year-old adult, with a family size of three people living in a twobedroom unit, earning $68,000 annually

• Concentrated in majority-minority markets across California, Texas, Florida and Hawaii

• Face a double barrier:

so you thought about listing your home with an on-line agent?

high home prices that put buying out of reach, compounded by a long-documented homeownership gap that disproportionately a ects minority households

• Markets where family renters concentrate most heavily are among the most burdened and most crowded in the country

Family renters represent the largest share of the market at 44.3% nationally. The geography of family renting is, to a significant degree, the geography of minority America. The highest concentrations are found in majorityminority markets across California, Texas, Florida and Hawaii — led by Stockton (63.3%), Riverside (61.7%) and McAllen (61.0%).

This concentration reflects two forces working in the same direction. First, minority groups tend to have higher family formation rates. For example, among all Hispanic households, 67.9% are family households, compared to 60.1% among white-alone households. Second, and more fundamentally, minority families in these markets face a double barrier to homeownership.

data. This a ordability wall is compounded by structural barriers that persist regardless of market conditions — unequal access to credit and limited intergenerational wealth have produced a homeownership gap that remains wide and welldocumented.

The lock-in effect for long-term renters

• Represent 36.1% of all renter households nationally

• Concentrated in rent-regulated anchor cities (New York, Los Angeles) and their spillover markets across California and the Northeast

• A majority cannot a ord current market rents. An average of just 39.2% of renting households in the top 10 metros would face severe a ordability stress if forced to move at fair market rent within the same metro, assuming the same household incomes and bedroom sizes.

• A typical long-term renting household is headed by a 55 yearold adult, living in a household of two people and two bedrooms with a median household income of $48,500.

decades of rent stabilization have kept millions of tenants in below-market units they cannot a ord to leave. This “lock-in” e ect extends to overflow markets as well.

Renters priced out of Boston have moved to Providence (44.4%) and Worcester (44.0%), but as rents rise in these secondary cities, many find themselves stuck again. On average, 39.2% of renter households in the top 10 long-term renter metros would face severe a ordability challenges if they were forced to move within their current metro at fair market rent. The burden is most acute in Providence (45.8%) and Bridgeport (43.9%), where renters have simply run out of a ordable places to go. Not all long-term renters are the same. Some stay by choice — drawn by community ties, neighborhood familiarity, or simply a preference for stability, especially for senior renters. But for many others, staying put is not a preference.

Home prices have climbed far beyond the reach of median-income households — every one of these markets scores below the national a ordability benchmark, according to Realtor.com

Long-term renters, those in the same unit for five or more years, are increasingly concentrated in the country’s most expensive anchor cities. In New York (53.3%) and Los Angeles (49.6%),

“When you look beneath the national averages, you see a market that is failing to provide mobility,” said Jiayi Xu, economist at Realtor.com. “The lack of new, a ordable inventory means that for many, the ‘American Dream’ of choosing where you live has been replaced by the necessity of staying exactly where you are.”

3188 Bonanza Drive, Cameron Park

EXTRAORDINARY CAMERON AIR PARK RETREAT!

This expansive property blends comfort, convenience, and aviation charm. This is a opportunity for pilots, outdoor enthusiasts, and families alike. The key features of this sparkling pool, owned -solar with Tesla battery backup, large hangar, ideal for aviation needing secure convenient aircraft storage and workspace, a two-car garage with ample vehicles and storage. Interior highlights spacious, well-lit living areas designed for comfortable living and entertaining. Unique floor plan optimizing flow between kitchen, dining, space. A modern kitchen with high-end appliances and ample counter space. Stylish appointed bedrooms with flexible use for guests, or a home office. The exterior features pool area with shaded lounging spaces for year-round enjoyment. A rare combination accessibility and modern, energy-efficient living. Cameron Air Park offers a welcoming with runway access, social events, and a shared passion for aviation. Proximity to local dining, and services while maintaining a serene, private setting.

Asking $1,299,000

Beautiful home located close to Historic Downtown Placerville offering 5 well sized bedrooms and 3 full bathrooms with a functional, flexible floor plan. The property includes a downstairs bedroom with private exterior entrance and full bathroom, ideal for guest quarters or potential rental use. Interior features include excellent natural lighting, a large laundry room, a cozy family room with wood burning stove, and a primary bedroom with its own outside access. Exterior amenities include RV parking, a sparkling pool, and a large rear deck with views. Situated in a quiet neighborhood near Placerville Airport, Marshall Hospital, Lions Park, and just minutes from Hwy 50. A great opportunity to make this home your own.

Residential Homes

Residential Homes

12602 Residential Homes el DoraDo hillS

$419,000

1) 1358 0.06 225070863

$499,997 3002 Tri Ln 3 3 (2 1) 1542 0.08 226002508

$565,000 3822 Trestle Glen Ct 3 2 (2 0) 1545 0.26 226032123

$575,000 2435 Sandpiper Way 4 3 (2 1) 2096 0.25 225149100

$589,000 3831 Sheridan Rd 3 2 (2 0) 1500 0.32 225082214

$625,000 3048 Merrywood Cir 3 2 (2 0) 1681 0.39 226031373

$625,000 3980 Rustic Rd 3 2 (2 0) 1644 0.37 225105626

$649,900 3463 Orinda Cir 4 4 (4 0) 2480 0.34 226009461

$650,000 3937 Rustic Rd 3 2 (2 0) 1993 0.3 226021395

$650,000 2886 Knollwood Dr 3 4 (2 2) 1930 0.35 226012285

$669,999 3020 Oakwood Rd 3 2 (2 0) 1858 0.42 226016741

$674,999 2901 Cambridge Rd 3 3 (2 1) 1958 0.27 226024203

$675,000 3817 Los Santos Dr 4 3 (3 0) 2208 0.28 226029054

$699,000 2801 Osborne Rd 4 3 (2 1) 1695 0.37 226035511

$759,000 2527 Rosales St 5 3 (3 0) 2504 0.25 226036257

$780,299 7967 Stone Ranch Dr 4 2 (2 0) 2321 0.267 225143486

$789,000 3218 Cambridge Rd 4 3 (2 1) 3189 0.31 226012807

$790,000 4285 Crazy Horse Rd 5 3 (3 0) 2664 0.26 226028845

$799,999 2717 Knollwood Dr 5 4 (3 1) 2424 0.34 226031893

$830,000 2560 Solano Rd 5 3 (3 0) 2598 0.27 226035561

$851,999 3516 Montclair Rd 4 3 (3 0) 3239 0.34 226036527

$876,649 7878 Stone Ranch Dr 4 2 (2 0) 2515 0.222 225139619

$935,346 7890 Stone Ranch Dr 6 3 (3 0) 2829 0.228 226038085

$949,000 3629 Chelsea Rd 4 3 (3 0) 2557 0.36 226031105

$625,000 7714 Briarberry Way

$659,000 5130 Sycamore Canyon Dr

$669,000 8536 Avelin Pl

$685,000 6611 Samba Way

226034938

(2 1) 1712 0.12 226028355

$689,000 2869 Canterbury Cir 3 2 (2 0) 1622 0.25 226028002

$689,000 4110 Monte Verde Dr

$689,000 7358 Grassy Creek Way

$690,000 513 Aspen Grove Ct

$699,000 8036 Ryland Dr

$699,000 2064 Ranch Bluff Way

$699,000 7003 De La Vina Dr

$699,000 2025 Begonia Ln

$705,000 8181 Ryland Dr

$714,950 4975 Del Mar Dr

$725,000 699 Montridge Way

$725,950 4977 Del Mar Dr

$729,000 1041 Elmwood Ct

$749,900 9068 Pomeroy Ln

$760,000 4820 Monte Mar Dr

$765,000 4042 Bari Dr

226027647

226006441

226023747

226035612

(2 0) 2010 0.15 226032595

226032660

226021891

226027727

225150364

226034633

226033127 $769,000 3279 Woedee

$1,375,000 701 Stanfel Pl 4 4 (3 1) 4019 0.211 225135001

$1,395,000 214 Asuncion Ct 4 3 (3 0) 3372 0.24 226000661

$1,398,000 1281 Terracina Dr 5 6 (5 1) 4897 0.26 226032117

$1,399,000 6209 Kings Peak Dr 4 4 (3 1) 3006 0.19 226033907

$1,400,000 3287 Knollridge Dr 4 3 (3 0) 4259 0.36 226035692

$1,405,000 3550 Rocky Ridge Way 4 3 (3 0) 2458 0.34 226027511

$1,409,000 6036 Penela Way 4 3 (3 0) 4003 0.25 225096025

$1,414,000 1264 Van Gogh Dr 3 4 (3 1) 2784 0.2 226012205

$1,449,900 6529 Goya Way 4 4 (3 1) 3364 0.16 226008894

$1,495,000 1790 Deer Valley Rd 3 3 (2 1) 2846 5 226031178

$1,498,000 3247 Warren Ln 4 4 (4 0) 3432 0.58 226030664

$1,499,000 4267 Suffolk Way 5 3 (3 0) 4041 0.79 226036636

$1,499,900 2665 Aberdeen Ln 5 3 (3 0) 3799 0.64 226021105

$1,499,999 165 Keystone Ct 5 5 (3 2) 4041 0.49 225151871

$1,599,000 612 Idlewood Pl 4 5 (4 1) 4198 0.35 226036994

$1,599,000 6002 Louis Way 3 3 (2 1) 3108 1.68 226035277

$1,635,000 116 Gage Ct 6 5 (5 0) 4878 0.34 226029524

$1,639,000 1050 Via Treviso 3 4 (3 1) 2955 1.36 226032705

$1,664,000 1014 Hogarth Way 4 4 (3 1) 3809 0.2 225130813

$1,699,000 1131 Salmon Falls Rnch 4 3 (3 0) 4088 9.08 226022254

$1,760,000 1620 Carnegie Way 4 4 (3 1) 4948 0.63 225120525

$1,800,000 1361 Promontory Point Dr 4 4 (3 1) 4567 0.59 226037268

$1,885,000 1345 Easy Ln 4 3 (3 0) 2631 3.01 226025350

$1,998,000 3000 Corsica Dr 4 5 (4 1) 4554 0.5 226036434

$1,999,000 9588 Pamela St 4 5 (4 1) 3832 0.51 226001060

$2,049,000 4505 Echo Springs Cir 4 5 (4 1) 5700 0.46 226024085

$2,080,000 512 Montridge Way 6 7 (5 2) 5444 0.49 226017744

$2,095,000 185 Powers Dr 4 5 (3 2) 4833 0.7 226029526

$2,199,000 4182 Greenview Dr 4 4 (3 1) 3781 0.69 226010457

$2,199,000 1781 Rocky Springs Ct 5 4 (4 0) 4199 5 225111030

$2,249,000 2044 Lockridge Pl 4 5 (4 1) 5713 0.81 226029425

$2,349,000 4930 Greyson Crk 5 5 (4 1) 4634 0.6 226021349

$2,350,000 4185 Greenview Dr 5 5 (4 1) 5250 0.61 226037014

$2,498,000 3769 Greenview Dr 4 4 (3 1) 3700 0.59 226026828

$2,699,000 5021 Da Vinci Dr 4 6 (4 2) 3943 0.49 226032222

$2,750,000 1780 Dove Tail Ln 5 5 (5 0) 5697 10.42 226035935

$2,795,000 3684 Greenview Dr 4 5 (4 1) 4851 0.69 226031013

$2,850,000 3215 Bordeaux Dr 4 4 (3 1) 4433 0.46 226031428

$2,895,000 3268 Bordeaux Dr 5 6 (5 1) 5084 0.52 226008543

$2,999,999 4970 Greyson Creek Dr 4 5 (4 1) 4762 0.56 226029224

$3,098,000 3693 Greenview Dr 3 3 (2 1) 3606 0.51 226032138

$3,100,000 4805 Moreau

$3,149,900

$3,199,000 4245 Raphael Dr 4 6 (4 2) 4406 0.54 226003771

$3,299,000 4160 Raphael Dr 5 7 (6 1) 5379 0.52 225129104

$3,490,000 1022 Via Treviso 4 4 (3 1) 4407 1.04 226005076

$3,497,000

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12604 Residential Homes reScue / luneman

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12605 Residential Homes latrobe /Shingle SpringS South

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12701 Residential Homes greater

Residential Homes

12603 Residential Homes

$425,000 6261 Grizzly Flat Rd 4 2 (2 0) 2236 2.24 226028120 $447,500 3091 Sand Ridge Rd 4 2 (2 0) 1536 3.37 226032796

Homes 12707 Residential Homes

Mayfair Ln 3 2 (2 0) 1600 1.6 223078845

$499,900 5600 Upper Siesta Ln 3 3 (2 1) 2359 0.63 226012399 $499,995 5045 Free Fox Ln 3 2 (2 0) 1392

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12801 Residential Homes

camino, ceDar grove

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12802 Residential Homes pollock pineS

$379,000 3105 Ridgecrest

$379,900 6169 Kokanee Ln

$385,000 5015 Shooting Star

$389,000 5841 Fallen Oak Trl

Placerville~ $819,000

Constructed in 2021 by one of the area’s nest builders. Single level with lots of light shining through. Upgraded nishes with all the frills. High speed Cal Net Internet. Large open kitchen opens to the dining and family area. Six burner gas range, granite slab and luxury plank vinyl oors. Solid stained interior doors with exposed knots. Huge master suite with a bay window, walk-in closet and custom built-in organizers. The guest bath features a six foot, extra deep soaking tub. The garage is a dream, oversized, fully nished and a bank of custom cabinets. The outside is landscaped with natural beauty and ease of maintenance. It features stamped and stained concrete and a wide, private asphalt driveway. The 50 year hip roof has high end extra thick shingles.

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