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Statistics8 min readJune 26, 2026

Tenant Screening Statistics: The Complete 2025 Data Guide for US Landlords

93.3% of US landlords experienced rental application fraud in 2024 — a 40.4% YoY surge — while the tenant screening market races toward $3.66B by 2032. Here's every number you need.

Matthew Luke
Matthew Luke
Co-Founder, VerticalRent
Updated annually · Last updated June 26, 2026 · 20 cited sources
Tenant Screening Statistics: The Complete 2025 Data Guide for US Landlords

Key Takeaways

  • Nearly all large landlords (93.3%) reported experiencing rental application fraud in the past 12 months, with fraudulent income documentation the most common tactic (84.3%), according to the 2024 NMHC Pulse Survey.
  • The US tenant screening services market was valued at $1.95 billion in 2024 and is projected to reach $3.66 billion by 2032, growing at a CAGR of 8.29%.
  • Over 1 million eviction cases were filed in tracked jurisdictions in 2024, with an 8.0% eviction filing rate — and excluding NYC, filings were 6% above the pre-pandemic average.
  • Nearly half (49.7%) of the 42.5 million US renter households are cost-burdened, spending more than 30% of income on housing, making applicant financial screening more critical than ever.
  • Rental application fraud accounted for an average of 23.8% of all eviction filings over the past three years, and landlords wrote off an average of $4.2 million in bad debt annually — with ~24.5% tied to fraudulent applications.
  • Renter mobility has fallen by half since 1981 — from 37.2% to 18.3% in 2024 — meaning tenant quality matters more as tenancies grow longer.

Tenant screening sits at the intersection of a $3.66 billion industry, a fraud epidemic, and a rental market under mounting affordability pressure. With over 103 million renters in the United States and fraud rates surging, landlords and property managers face a high-stakes decision every time they process a rental application. This living statistics guide compiles the most authoritative, up-to-date data on tenant screening, eviction rates, rental fraud, fair housing compliance, and market growth — all drawn from primary government and industry sources.

The US Rental Market at a Glance

The sheer scale of the US rental market makes tenant screening a nationwide imperative. As of 2023, there were almost 103 million renters (31.4% of the population) compared to 224 million homeowners, according to U.S. Census Bureau ACS data. The number of renter-occupied housing units reached 44.6 million — an increase of over one million units compared to the prior five-year period. Meanwhile, the median monthly cost for renters rose to $1,406 (inflation-adjusted) in 2023, up from $1,354 in 2022, and actual average rent paid hit $1,302/month in 2024 — a 31% increase over the past five years.

~103 Million1
US Renters (2023)
44.6 Million2
Renter-Occupied Units
49.7%3
Cost-Burdened Renters
$1,4063
Median Monthly Renter Cost
$1,302/mo5
Avg. Rent Paid (2024)
31%17
Single-Family Renters

The affordability crisis is particularly acute among minority households. Within Black or African American renter households alone, 4.6 million (56.2%) paid more than 30% of their income on housing costs in 2023. Median gross rent also increased in 626 counties and decreased in only 330 between the 2015–2019 and 2020–2024 periods — underlining the geographic breadth of the affordability squeeze.

Tenant Screening Services: Market Size & Growth

Growing fraud, tighter margins, and regulatory complexity are fueling rapid expansion in the tenant screening industry. The market was valued at USD $1.95 billion in 2024 and is projected to reach USD $3.66 billion by 2032 — a CAGR of 8.29%. A parallel estimate from Business Research Insights values the global market at approximately $1.94 billion in 2026, reaching $3.01 billion by 2035. North America alone commands roughly 50% of the global market share, with Europe at approximately 30% and Asia-Pacific at 15%.

Tenant Screening Services Market Size Projections (USD Billions)6
YearMarket Size (USD Billions)
20241.95
20261.94
20323.66
20353.01
Source: Credence Research — Tenant Screening Services Market Size, Share and Forecast 2032
Source: Credence Research — Tenant Screening Services Market Size, Share and Forecast 2032
$1.95B6
Market Size (2024)
$3.66B6
Projected Market Size (2032)
~50%7
North America Market Share
3.1M+6
SmartMove Reports/Year
32.6%8
Landlord Referencing Segment
41.8%8
Small/Medium Agency Segment

TransUnion's ResidentScore predicts evictions 15% more often than a typical credit score in the bottom 20% score range — and identifies 19% more skips. Comprehensive screening tools like those integrated in VerticalRent's AI Tenant Screening help landlords act on this predictive power in minutes.

Rental Application Fraud: A Growing Epidemic

Rental application fraud has exploded in scope and sophistication. The 2024 NMHC Pulse Survey — spanning 75 leading apartment owners, developers, and managers — found that 93.3% of respondents experienced fraud in the past 12 months. Of those, 70.7% reported a year-over-year increase, with an average YoY jump of 40.4%. During the pandemic, the problem was even more acute: fraudulent applications received by property managers doubled from 15% in February 2020 to 29% just six months later, and 85% of landlords reported being fraud victims during that period.

Rental Application Fraud Tactics: % of Landlords Reporting Each (NMHC Pulse Survey, Jan 2024)13
Fraud Tactic% of Landlords Reporting
Falsified income / pay stubs / employment docs84.3
Misrepresentation on application80
Identity theft / fraudulent ID70
Unauthorized cohabitants / illegal subletting67.1
Fraudulent checks / payment methods62.9
Source: National Multifamily Housing Council (NMHC) — NMHC Pulse Survey: Analyzing the Operational Impact of Rental Application Fraud and Bad Debt
Source: National Multifamily Housing Council (NMHC) — NMHC Pulse Survey: Analyzing the Operational Impact of Rental Application Fraud and Bad Debt
93.3%13
Landlords Who Experienced Fraud
40.4%14
YoY Fraud Increase
23.8%14
Evictions Tied to Fraud
$4.2M14
Avg. Bad Debt Written Off
15% → 29%15
Pandemic Fraud Spike
Atlanta, TX & FL16
Fraud Hot Spots

The $3,500 risk per bad placement: The average eviction costs $3,500 — and nearly 1-in-4 evictions (23.8%) are tied to fraudulent applications. Running a thorough background and credit check via VerticalRent's tenant screening tools before signing a lease is the single most effective way to protect your investment.

Eviction Filings & Rates: 2024 Data

Eviction data paints a complex picture. Landlords filed over one million eviction cases in 2024 in the jurisdictions tracked by the Eviction Lab at Princeton University — a small drop relative to 2023 and roughly 4% fewer than in a typical pre-pandemic year. However, that national decline was driven entirely by New York City: excluding NYC, eviction filings ran more than 6% above the historical average. The overall eviction filing rate across tracked cities was 8.0 per 100 renter households in 2024, compared to the 2018 national benchmark of 7.8 per 100 renter households (3.6 million total filings that year).

1M+11
Eviction Filings (2024, Tracked Cities)
8.0 per 10011
Eviction Filing Rate (2024)
+6%11
Eviction Filings ex-NYC vs. Pre-Pandemic
3.6 Million12
2018 National Eviction Benchmark
58%11
Share of Eviction Filers: Women
32.6%11
Top Evictors' Share of Filings

Data coverage gap: Despite aggregating more than 99 million eviction records and 30,000 county reports between 2000 and 2018, the Eviction Lab still lacks reliable data for counties that include a third of all US renters — meaning the true national eviction picture is likely worse than reported figures suggest.

One of the most underappreciated trends in the rental market is the long-term decline in renter mobility. The share of renter households that moved in the past year has fallen dramatically — from 37.2% in 1981 to just 18.3% in 2024, according to NMHC analysis of Current Population Survey data. This trend has major implications for screening: longer average tenancy lengths mean a single bad placement carries significantly more financial and operational risk. The age gap is stark — 38.0% of renters aged 18–24 moved in the past year, versus just 7.8% of those aged 65 or older.

US Renter Mobility Rate (% of Renter Households That Moved in the Past Year), 1981–202418
YearRenter Mobility Rate (%)
198137.2
200030.1
201024.5
202021
202418.3
Source: NMHC Research Notes — The Impact of New Development on Renter Mobility in a Changing Housing Market
Source: NMHC Research Notes — The Impact of New Development on Renter Mobility in a Changing Housing Market

Landlord Behavior & Market Conditions

Despite the challenges, landlord sentiment remains largely optimistic. Baselane's 2025 survey found that 71% of property investors feel optimistic about rental industry profitability in 2025, with 33% feeling very optimistic. Rent increases have been widespread: 85% of landlords raised rents in 2024, with 31% implementing increases of 6–10%. Looking ahead, 78% of landlords plan to increase rents in 2025 by a weighted average of 6.21%. However, 17% of landlords cite compliance with increased tenant protections and local regulations as a significant operational challenge.

85%17
Landlords Who Raised Rents (2024)
78%17
Landlords Planning Rent Increases (2025)
71%17
Optimistic About Profitability
17%17
Compliance Challenge
40 years18
Renter Median Age (2024)
6264
Counties With Rising Gross Rent

Fair Housing Complaints & Screening Compliance

Every tenant screening decision carries fair housing risk. In 2024, fair housing organizations, HUD, FHAP agencies, and the DOJ received a combined 32,321 fair housing complaints — a decrease of 1,829 (5.36%) from 2023's 34,150. Disability-related complaints comprised the largest share of filings, followed by race, national origin, sex, familial status, color, and religion. Private nonprofit fair housing organizations processed 74.12% of all complaints, while HUD reported a 10.1% decrease in its own complaint volume from FY2023 to FY2024.

Total US Fair Housing Complaints by Year, 2022–202419
YearTotal Fair Housing Complaints
202233,007
202334,150
202432,321
Source: National Fair Housing Alliance (NFHA) — 2025 Fair Housing Trends Report
Source: National Fair Housing Alliance (NFHA) — 2025 Fair Housing Trends Report

Fair Housing Compliance Matters: Screening criteria must be applied consistently and documented carefully. In 2023, harassment complaints based on color skyrocketed by 470.59% and race-based harassment by 114.97%. Using a standardized, documented screening process — like those built into VerticalRent's screening platform — helps protect landlords from inadvertent fair housing violations.

Frequently Asked Questions

How prevalent is rental application fraud among US landlords?
Extremely prevalent. According to the January 2024 NMHC Pulse Survey covering 75 leading apartment owners, developers, and managers, 93.3% reported experiencing fraud in the past 12 months. Of those, 70.7% reported an increase year-over-year, with an average YoY surge of 40.4%. The most common tactic was falsifying income documentation or pay stubs, reported by 84.3% of respondents.
What does it cost a landlord to evict a tenant?
The average eviction costs $3,500, according to TransUnion SmartMove. When you factor in that nearly 1-in-4 evictions (23.8%) are tied to fraudulent applications, the case for investing in comprehensive tenant screening — starting with a full background and credit check — is compelling. Large property managers in the NMHC survey wrote off an average of $4.2 million in bad debt annually, with about 24.5% linked to fraudulent applications.
What is the current eviction filing rate in the United States?
The Eviction Lab at Princeton University tracked an overall eviction filing rate of 8.0 per 100 renter households across all cities in their Eviction Tracking System in 2024. More than one million eviction cases were filed in those jurisdictions in 2024. When New York City is excluded, filings ran more than 6% above the pre-pandemic average, suggesting the national picture remains elevated.
How large is the tenant screening services industry?
The global tenant screening services market was valued at USD $1.95 billion in 2024 and is projected to grow at a CAGR of 8.29% to reach $3.66 billion by 2032 (Credence Research). North America leads all regions with approximately 50% of global market share. TransUnion SmartMove alone processes over 3.1 million screening reports annually.
What are the fair housing risks in tenant screening?
Any screening criteria must be applied consistently and in compliance with the Fair Housing Act. In 2024, there were 32,321 fair housing complaints filed across all agencies, with disability as the leading basis for complaints, followed by race and national origin. Using a standardized, documented process — and being familiar with local protected-class laws — is essential. VerticalRent's AI-assisted screening tools are designed with compliance guardrails built in.
How has renter mobility changed over time, and why does it matter for screening?
Renter mobility has fallen dramatically — from 37.2% of renter households moving annually in 1981 to just 18.3% in 2024 (NMHC/CPS data). The median age of a renter householder has risen from 33 to 40. This means tenancies last longer on average, so a bad tenant placement carries significantly more financial risk. Thorough upfront screening is the most cost-effective mitigation strategy available to landlords.

Screen Smarter — Protect Your Rental Income

VerticalRent's AI-native tenant screening platform delivers comprehensive credit, criminal, and eviction reports in minutes — with built-in fair housing safeguards. Join thousands of landlords who've replaced guesswork with data-driven decisions.

Start Screening for Free

Changelog

First published: June 26, 2026Last updated: June 26, 2026
  • June 26, 2026First published.

Sources & References

  1. 1U.S. Census BureauACS 1-Year Supplemental Estimates: Total Number of Renters (2023)
  2. 2U.S. Census BureauNearly All U.S. Counties Had More Homeowners Than Renters Between 2019 and 2023 (2024)
  3. 3U.S. Census BureauNearly Half of Renter Households Are Cost-Burdened (2024)
  4. 4U.S. Census BureauRenters in 20% of U.S. Counties Paid More in 2020–2024 Than in Previous Five Years (2026)
  5. 5ZipReports (citing Rentec Direct)2025 Rent Trends, Affordability, Regional Shifts & Smart Screening (2025)
  6. 6Credence ResearchTenant Screening Services Market Size, Share and Forecast 2032 (2024)
  7. 7Business Research InsightsTenant Screening Services Market Size & Share Report 2026–2035 (2026)
  8. 8Precision Business InsightsTenant Screening Services Market Size and Growth Report 2032 (2024)
  9. 9TransUnion SmartMoveTransUnion SmartMove Tenant Screening (2024)
  10. 10TransUnion SmartMoveResidentScore: Predictive Rental Screening Score (2016)
  11. 11Eviction Lab, Princeton UniversityPreliminary Analysis: Eviction Filing Patterns in 2024 (2025)
  12. 12Stateline / States NewsroomLack of Eviction Data Obscures Extent of the Affordable Housing Crisis (2024)
  13. 13National Multifamily Housing Council (NMHC)NMHC Pulse Survey: Analyzing the Operational Impact of Rental Application Fraud and Bad Debt (2024)
  14. 14National Multifamily Housing Council (NMHC)Rampant, Increasing Fraud Impacting Rental Housing Costs (2024)
  15. 15SnapptTenant Application Fraud Statistics to Know for 2026 (2026)
  16. 16YieldPRONMHC Survey Reveals Rise in Rental Fraud (2024)
  17. 18NMHC Research NotesThe Impact of New Development on Renter Mobility in a Changing Housing Market (2025)

Legal Disclaimer

VerticalRent and its authors are not attorneys, CPAs, or licensed legal or financial advisors, and nothing on this site constitutes legal, tax, or professional advice. The information in this article is provided for general educational purposes only. Landlord-tenant laws, eviction procedures, security deposit rules, and tax regulations vary significantly by state, county, and municipality — and change frequently. Nothing on this site creates an attorney-client relationship. Always consult a licensed attorney or qualified professional in your jurisdiction before taking any action based on information you read here.

Matthew Luke
Matthew Luke
Co-Founder, VerticalRent

Co-founded VerticalRent in 2011, growing it from nothing to 100k landlords and renters. Sold it in 2019, then re-acquired it in 2026 to make it better than ever.