Consumer Expenditure Survey · BLS CE 2024
Rented dwellings spending
U.S. households spent $5,660/yr on rented dwellings in 2024 - 7.2% of the average budget . Up 5.4% vs 2023 ; the top income quintile outspends the bottom by 0.7×. Figures from the BLS Consumer Expenditure Survey.
- 2024 avg
- $5,660
- Budget share
- 7.2%
- vs 2023
- +5.4%
CES spend plate
Line RENTED-DWELLINGS · Rented dwellings $5,660 · 7.2%
SHARE-SOLID · QUINT-FLAT · YOY-UP · REAL-BURDEN · REGION-WEST · BOOK-UPPER
- SHARE-SOLID 7.2% of budget
- QUINT-FLAT 0.7× Q5/Q1
- YOY-UP +5.4% YoY
- REAL-BURDEN Above CPI
- REGION-WEST West leads
- BOOK-UPPER #10/99 dollars
Nearest dollar peer: Owned dwellings (+$3,650)
Instrument codes from this line’s budget share, income-quintile gap, YoY move, real change vs ~21% CPI-U (2020-2024), regional lead, and corpus book size, not a budgeting recommendation.
Spend neighbourhood around Rented dwellings
Lowest and highest poles plus nearest dollar peers among sibling lines, not a full-board reprint. Figures from the BLS Consumer Expenditure Survey.
Dollar neighbourhood · Rented dwellings
Average annual spending · 2024 · poles + near peers
this line
Spending Trend (2020–2024)
Rented dwellings spending per household, 2020–2024
National average annual spending
| Year | Annual Amount |
|---|---|
| 2024 | $5,660 |
| 2023 | $5,370 |
| 2022 | $4,990 |
| 2021 | $4,684 |
| 2020 | $4,408 |
Income stretch on a large rented dwellings line
A large CES line: top-quintile households spend $3,894/yr here vs $5,781 at the bottom (0.7×).
| Income Group | Annual Amount |
|---|---|
| Lowest 20% | $5,781 |
| Second 20% | $6,225 |
| Middle 20% | $6,720 |
| Fourth 20% | $5,697 |
| Highest 20% | $3,894 |
West leads rented dwellings geographically
West leads at $7,818/yr among the bigger CES categories.
Lifecycle peak · Under 25
Under 25 heads spend the most on this line at $10,119/yr - a lifecycle peak on a large budget share.
Frequently Asked Questions (show 6)
How much does the average household spend on rented dwellings? ▼
Is rented dwellings spending increasing? ▼
How does income affect rented dwellings spending? ▼
Which region spends the most on rented dwellings? ▼
Which age group spends the most on rented dwellings? ▼
Does household size affect rented dwellings spending? ▼
Other large CES lines near rented dwellings
Dollar-amount and budget-share neighbours from BLS CE 2024 (this category excluded).
Similar dollar amount
Nearest other categories by 2024 average annual spending ($5,660 here).
| Category | 2024 avg |
|---|---|
| Vehicle purchases (net outlay) | $5,337 |
| Healthcare | $6,197 |
| Food at home | $6,224 |
| Utilities, fuels, and public services | $4,736 |
| Other vehicle expenses | $4,206 |
| Health insurance | $4,055 |
| Food away from home | $3,945 |
| Mortgage interest and charges | $3,646 |
Similar budget share
Nearest other categories by share of the household budget (7.2% here).
| Category | Budget share |
|---|---|
| Vehicle purchases (net outlay) | 6.8% |
| Food at home | 7.9% |
| Healthcare | 7.9% |
| Utilities, fuels, and public services | 6.0% |
| Other vehicle expenses | 5.4% |
| Health insurance | 5.2% |
| Food away from home | 5.0% |
| Entertainment | 4.6% |
Average household budget · Methodology · BLS CEX source
Informational only - not advice. See disclaimer.