Mar 23, 2026 | 9:16 am
A new report has confirmed what most Austin-based Gen Zers already know: Homeownership rates aren’t looking good for their generation. In fact, an overwhelming majority of all Gen Zers in the Austin area are renters, according to a new Rentcafe study.
Out of the 102,323 Gen Z households in the Austin metro, about 8 percent of them are homeowners, and the remaining 92 percent rent. That makes Austin the No. 6 U.S. metro where nearly all Gen Zers rent.
The housing report analyzed the U.S. hotspots where Gen Zers (individuals born between 1997 and 2012) are renting versus buying their homes. Using homeownership and renting data across 97 U.S. metros, RentCafe’s analysts determined which cities have had the biggest gains in Gen Z renters and homeowners from 2018-2023…