High satisfaction

The June satisfaction rates are virtually unchanged from March, with a third of renters being very satisfied with their rental experience and almost a third indicating they are moderately satisfied.

In addition, the top favorable factors for renting remain the same with the strength of these favorable views rising slightly in June. The top favorable factors about renting remain freedom from home maintenance, more flexibility over where you live and protection against declines in home prices.

If renters are making adjustments due to increases in their rent, 51 percent are spending less on essentials, 29 percent are contemplating getting a roommate and 20 percent say they need to move into a smaller rental property.

Despite increases to their rent, 55 percent say they are making no changes to their spending plans and 49 percent say they like where they live and will stay in their current place.

Additional details about the research, including charts, are on the Freddie Mac website.

Freddie Mac commissioned Harris Poll to survey more than 2,000 U.S. adults online each quarter to get their perceptions about renting. The 2015 survey was conducted online within the United States between June 1923, 2015, among 2,024 adults (aged 18 and over), among which 727 were renters, by Harris Poll on behalf of Freddie Mac via its Quick-Query omnibus product. The previous survey was conducted online within the United States between March 2630, 2015, among 2,030 adults (ages 18 and older), among which 646 were renters, by Harris Poll on behalf of Freddie Mac via its Quick-Query omnibus product. Figures for age, sex, race/ethnicity, education, region and household income were weighted where necessary to bring them into line with their actual proportions in the population. Propensity score weighting was used to adjust for respondents’ propensity to be online.

Additional information is available at Freddie Mac.com, on Twitter @FreddieMac and Freddie Mac’s blog FreddieMac. com/blog.