Renters worry more than homeowners about costs

RentingBy Jeffrey M. Jones | Gallup

Americans who rent their home are nearly twice as likely as those who own their home to say they worry about not being able to pay their housing costs. While upper-income Americans are more likely to own and lower-income Americans are more likely to rent, renters worry more than homeowners at all income levels.

These results are based on more than 5,000 combined interviews from Gallup’s 2013-2016 Economy and Personal Finance surveys, including 3,606 homeowners and 1,294 renters.

Overall, during this time, 33% of Americans said they were very (15%) or moderately (18%) worried about not being able to pay their “rent, mortgage or other housing costs.”

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