A survey by Kingsley Associates found that 59.5 percent of renters said that they "definitely" or "probably" would renew their apartment leases.
That figure represents a new three-year low, however. That is probably attributable to the larger pool of renters that includes people who would make homeownership their first choice if conditions permitted it.
About three-quarters are still satisified with the rental product they're getting, the survey found.