The number of people who rented versus owned their housing increased by about 5 percent nationwide from 2006 to 2016.
In Memphis, the number of renters increased by more than double that amount — 11 percent — over that same time period, according to an analysis of U.S. Census data by Zillow.
In fact, Memphis had the largest increase in renters among the 50 largest metros in the U.S., going from about 45 percent of residents who rented in 2006 to 56 percent in 2016.
