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Segment Reporting - Schedule of Segment Reporting (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting, Revenue Reconciling Item [Line Items]            
Rents and other single-family property revenues $ 457,503   $ 423,494   $ 916,779 $ 847,049
Noncash share-based compensation         14,134 20,409
General and administrative expense 20,008   21,693   39,679 43,578
Acquisition and other transaction costs 2,655   2,937   5,716 6,261
Depreciation and amortization 126,939   117,603   251,867 233,329
Loss on early extinguishment of debt 0   (63)   (216) (1,017)
Gain on sale and impairment of single-family properties and other, net 51,908   43,892   113,924 112,793
Net income 123,624 $ 128,713 108,534 $ 128,095 252,337 236,629
Reportable Segment            
Segment Reporting, Revenue Reconciling Item [Line Items]            
Core revenues 405,046   376,123   800,461 742,341
Cost of goods and services sold 160,089   149,470   327,619 305,397
Total core property operating expenses 140,907   133,141   277,511 261,689
Core NOI 264,139   242,982   522,950 480,652
Tenant charge-backs 52,457   47,371   116,318 104,708
Rents and other single-family property revenues 457,503   423,494   916,779 847,049
Noncash share-based compensation (1,137)   (1,340)   (2,383) (2,784)
General and administrative expense (20,008)   (21,693)   (39,679) (43,578)
Interest expense (46,303)   (38,678)   (91,729) (77,255)
Acquisition and other transaction costs (2,655)   (2,937)   (5,716) (6,261)
Depreciation and amortization (126,939)   (117,603)   (251,867) (233,329)
Loss on early extinguishment of debt 0   (63)   (216) (1,017)
Gain on sale and impairment of single-family properties and other, net 51,908   43,892   113,924 112,793
Other income and expense, net 4,619   3,974   7,053 7,408
Net income 123,624   108,534   252,337 236,629
Reportable Segment | Property tax expense            
Segment Reporting, Revenue Reconciling Item [Line Items]            
Cost of goods and services sold 66,119   64,026   133,059 128,614
Reportable Segment | HOA fees            
Segment Reporting, Revenue Reconciling Item [Line Items]            
Cost of goods and services sold 7,349   6,738   14,163 13,052
Reportable Segment | Repairs and maintenance and turnover costs, net of tenant charge-backs            
Segment Reporting, Revenue Reconciling Item [Line Items]            
Cost of goods and services sold 31,808   28,263   59,089 53,109
Reportable Segment | Insurance            
Segment Reporting, Revenue Reconciling Item [Line Items]            
Cost of goods and services sold 4,614   4,948   9,545 9,725
Reportable Segment | Property management expenses, net of tenant charge-backs and excluding share-based compensation            
Segment Reporting, Revenue Reconciling Item [Line Items]            
Cost of goods and services sold $ 31,017   $ 29,166   $ 61,655 $ 57,189