The share of Kenyan households owning homes has shrunk by at least three percentage points over a decade, a new survey has revealed, as more people moving to urban areas prefer to rent houses.
Fresh data by the Kenya National Bureau of Statistics (KNBS) shows that the share of households that own homes dipped to 61 percent in 2024, from 64 percent 11 years ago, while the number of those living in rentals exceeded homeowners.