Previous research has demonstrated the persistently lower residential satisfaction of tenants as compared to homeowners. However, analysis of data from 41,198 US households indicates that this gap is heavily age dependent. After middle age, the residential satisfaction of apartment housing tenants increases dramatically—eventually exceeding that of both single-family housing tenants and homeowners. Although elderly tenants are less likely to indicate dissatisfaction with building maintenance or the neighborhood, these factors are particularly important to elderly tenant satisfaction. These age differences in housing satisfaction may relate to the increasing difficulty of managing residential maintenance and the growing importance of nearby services.