Rental housing refers to a type of residential property that is rented out by its owner or landlord to tenants. This can include apartments, townhouses, duplexes, and other types of dwellings that are available for rent on either a short-term or long-term basis. The tenant pays the landlord a monthly fee, known as rent, in exchange for the use of the property. Rental housing can be found in various locations such as urban areas, suburban neighborhoods, and rural communities. It provides an affordable option for people who may not have the financial means to purchase their own home or prefer the flexibility of leasing a property instead.