More and more millionaires are stepping on the everyman's corner and renting apartments rather than putting down roots and money to become homeowners.
Roughly 43 million families across the country currently live in apartments—the highest level in half a century, according to a new report from apartment search site RentCafe. Included in that historic number of renters is a record-high number of millionaire renter households: 3,381, a number that tripled from 2015 to 2020, according to data RentCafe gathered from IPUMS.
