Homeownership rates, renter vs owner demographics, and tenure.
West Virginia leads all U.S. states with a homeownership rate of 74.9%, followed by Maine (74.3%) and Michigan (73.2%). The national rate was 65.2% in 2025. High homeownership states tend to have lower home prices relative to incomes and older, less urbanized populations.
The U.S. homeownership rate was 65.2% in 2025, but state rates range from 74.9% in West Virginia to 54.4% in New York. This article breaks down the latest state rankings, historical trends, and the factors driving differences in homeownership across the country.
The U.S. homeownership rate was 65.0 percent in the second quarter of 2026, statistically unchanged from a year earlier. The rental vacancy rate was 7.3 percent and the homeowner vacancy rate was 1.2 percent. Affordability pressures and limited supply continue to keep the rate in a narrow mid-60s band.