Single-Family Rentals Are Hot -- Here's Why and Where

Last year was a record year for single-family rental (SFR) construction, and 2022 may well see more of the same. There's a good reason for that: The market is there, and the appeal is broad.

"There is a misconception that the majority of renters are millennials when, in reality, you have everyone -- including college students, empty nesters, families with kids, pet owners, and those wanting to downsize," Shannon Hersker, capital markets group director of Walker & Dunlop, told RentCafe in a new report titled "Built-to-Rent Homes Expected to Hit All-Time High in 2022, Fueled by Need for Space and Privacy."

The article contains several lists, including which metro markets and individual cities have the largest SFR inventories right now. They're all across the country, and what they have in common are thriving job markets.

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Source Fool.com