The phrase "millennial renters" refers to young adults who were born between the early 1980s and the mid-1990s, and who choose to rent homes or apartments rather than buy them. Full definition
In contrast, less than 40 % of millennial renters say they are delaying homeownership because they are waiting to settle down or be married. (apartmentlist.com)
Less than 1 in 4 surveyed Millennial renters said they would be very confident to recover their down payment. (valueinsured.com)
Overall, Millennial renters who want to convert to homeowners appear to believe buying is more financially sound than renting. (valueinsured.com)