Lower Priced Rental Housing Stock Is Steadily Shrinking
Rental Units by Price Range
Units Priced below $750 Units Priced above $750
# of units % of units # of units % of units
(millions) (millions)
2007 15.8 45.7 18.8 54.3
2008 15.0 42.1 20.6 57.9
2009 14.8 40.4 21.8 59.6
2010 14.6 38.9 22.9 61.1
Source: U.S. Census Bureau. (2011). 2007, 2008, 2009 and 2010 American Community Survey 1 Year Estimates. Table B25063. Retrieved from http://www.census.gov/acs/www/