For generations, moving out in your 20s was seen as a major milestone. Today, for millions of young Americans, that goal is becoming increasingly difficult to reach.
A new Realtor.com report found that 25.2 million Americans under the age of 35 lived with their parents in 2025, the highest number ever recorded. That’s roughly one in three young adults, and nearly 70% of those between the ages of 25 and 34 are employed, suggesting that rising housing costs—not unemployment—are driving the trend.
According to the report, homeownership has become significantly less affordable over the past several years. The median U.S. home listing price is now more than 34% higher than it was before the COVID-19 pandemic, while median asking rents have increased by nearly 18%. Even young adults with steady jobs and college degrees are finding it difficult to save enough money to rent an apartment or purchase a home.
As housing costs continue to outpace income growth, many young adults are postponing major life milestones, including moving out on their own, buying a home, getting married, or starting a family. Financial experts say the challenges facing today’s generation are very different from those faced by previous generations entering adulthood.
The report also highlights the impact on parents, many of whom are delaying retirement, adjusting household budgets, or taking on additional financial responsibilities to support adult children living at home.
Researchers say the trend reflects a growing housing affordability crisis rather than a lack of ambition among young Americans. For many families, living together has become a financial necessity instead of a personal choice.
As home prices, rent, and everyday living expenses remain high, experts say more young adults may continue living with their parents until housing becomes more affordable.
