2022 NAICS national industry in sector 53 Real Estate and Rental and Leasing
531110 Lessors of Residential Buildings and Dwellings
NAICS 531110 is the US industry code for lessors of residential buildings and dwellings. It covers establishments primarily engaged in acting as lessors of buildings used as residences or dwellings, such as single-family homes, apartment buildings, and town homes.
- Code
- 531110 (2022 NAICS)
- Title
- Lessors of Residential Buildings and Dwellings
- Part of
- Lessors of Real Estate
- SBA small business limit
- Average annual receipts up to $34 million (plus 1 exception, below)
- Closest UK SIC
- 68100 (details)
Changes coming. The NAICS 2027 revision applies to data from 1 January 2027, and SBA proposed new size standards on 20 August 2026. The values on this page are the ones in force today; we update this page when the official files change.
Official definition
This industry comprises establishments primarily engaged in acting as lessors of buildings used as residences or dwellings, such as single-family homes, apartment buildings, and town homes. Included in this industry are owner-lessors and establishments renting real estate and then acting as lessors in subleasing it to others. The establishments in this industry may manage the property themselves or have another establishment manage it for them.
When to use a different code
Census classifies these close-sounding activities somewhere else. Businesses mainly engaged in:
Businesses that use this code
Activities listed under 531110
The Census index assigns these 19 activities to this code. If your business matches one, this is your code.
- Apartment building rental or leasing
- Apartment hotel rental or leasing
- Apartment rental or leasing
- Building, apartment, rental or leasing
- Building, residential, rental or leasing
- Cottage rental or leasing
- Duplex houses (i.e., single-family) rental or leasing
- Dwelling rental or leasing
- Equity real estate investment trusts (REITs), primarily leasing residential buildings and dwellings
- Houses rental or leasing
- Housing authorities owning and operating residential buildings
- Lessors of residential buildings and dwellings
- Mobile (manufactured) home rental or leasing, on-site
- Real estate rental or leasing of residential building
- Residential building rental or leasing
- Residential hotel rental or leasing
- Retirement hotel rental or leasing
- Single-family house rental or leasing
- Town house rental or leasing
SBA size standard for 531110
To count as a small business for SBA loans and federal contracts under NAICS 531110, your business (including affiliates) must not exceed $34 million in average annual receipts. Check your business.
| Activity | Size standard |
|---|---|
| Leasing of Building Space to the Federal Government by Owners | $47 million |
SBA footnote 9: NAICS codes 531110, 531120, 531130, and 531190 – Leasing of building space to the Federal Government by Owners: For Government procurement, a size standard of $47.0 million in gross receipts applies to the owners of building space leased to the Federal Government. The standard does not apply to an agent.
Source: SBA table of size standards, effective March 17, 2023.
Closest UK SIC 2007 codes
There is no official one-to-one link between NAICS and UK SIC. These codes share the same international class (ISIC Rev. 4: 6810), so treat them as a starting point and check the definition.
Built from Census concordances 2022→2017 NAICS and 2017 NAICS→ISIC Rev. 4.
Similar codes to compare
Data last changed November 14, 2026. How this page is built.