Why Do Renters Move?

Ask renters why they moved and "for a job" is often what you hear, according to the American Housing Survey. Twenty-five percent of renters who moved in the past year did so for employment reasons.  

The job factor is especially important for renters who moved into new housing--newly built apartments or single-family homes. Thirty-two percent of renters who moved into a new unit in the past year cited a new job, a job transfer, or the need to be closer to their job. 

With gasoline approaching $4.00 per gallon, the job factor is likely to become increasingly important to renters as they decide where to live. 

Source: Bureau of the Census, American Housing Survey