In 2024, more than two-thirds of people living in European Union households—68%—owned their own home, a slight decrease from 69% in 2023. The remaining 32% of EU

residents lived in rented accommodation, up from 31% the previous year.

Homeownership rates vary widely across the EU. Romania leads the pack, with an impressive 94% of its population owning their homes. Slovakia follows closely at 93%, while Hungary records 92% homeownership.

In contrast, renting is more common in some northern and central European countries. Germany stands out, with a majority of residents—53%—living in rental properties. Austria and Denmark also show higher rental rates, with 46% and 39% of their populations renting, respectively.

Overall, owning a home remains the norm in most EU countries, reflecting long-standing cultural and economic trends, though the slight drop in ownership suggests changing housing dynamics in the region.