NAICS 53 — Real Estate and Rental and Leasing
Establishments primarily engaged in renting, leasing, or allowing the use of tangible or intangible assets. The Real Estate and Rental and Leasing sector encompasses 24 six-digit NAICS codes used in federal procurement, representing $1,319,484,637 in total federal contract spending. Each code within this sector has its own SBA small business size standard, which determines whether a business qualifies as "small" for set-aside and sole-source contract opportunities in that specific industry.
Understanding Sector 53
NAICS sector 53 is one of 20 industry sectors defined by the North American Industry Classification System. The federal government uses these codes to classify contract requirements, determine small business eligibility, and track procurement spending across industries. When a federal agency issues a solicitation, they assign a NAICS code that best describes the principal purpose of the acquisition — this determines the applicable size standard for small business participation.
The codes below are sorted by total federal spending, with the highest-spend industries at the top. Click any code to view detailed spending data, top contractors, and guidance on competing for contracts in that industry.
Six-Digit Codes in Sector 53
| Code | Industry | Federal Spend |
|---|---|---|
| 532490 | Other Commercial and Industrial Machinery and Equipment Rental and Leasing | $154.4M |
| 532111 | Passenger Car Rental | $123.8M |
| 531120 | Lessors of Nonresidential Buildings (except Miniwarehouses) | $123.4M |
| 531311 | Residential Property Managers | $119.6M |
| 531390 | Other Activities Related to Real Estate | $93.5M |
| 532112 | Passenger Car Leasing | $88.1M |
| 532420 | Office Machinery and Equipment Rental and Leasing | $86.3M |
| 532412 | Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing | $78.7M |
| 531110 | Lessors of Residential Buildings and Dwellings | $71.0M |
| 532411 | Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing | $66.1M |
| 532283 | Home Health Equipment Rental | $61.1M |
| 532120 | Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing | $58.3M |
| 532289 | All Other Consumer Goods Rental | $41.2M |
| 531320 | Offices of Real Estate Appraisers | $34.5M |
| 531190 | Lessors of Other Real Estate Property | $32.3M |
| 531210 | Offices of Real Estate Agents and Brokers | $29.2M |
| 531312 | Nonresidential Property Managers | $28.8M |
| 532310 | General Rental Centers | $12.0M |
| 532210 | Consumer Electronics and Appliances Rental | $8.3M |
| 533110 | Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) | $3.5M |
| 532284 | Recreational Goods Rental | $3.4M |
| 531130 | Lessors of Miniwarehouses and Self-Storage Units | $1.4M |
| 532281 | Formal Wear and Costume Rental | $473K |
| 532282 | Video Tape and Disc Rental | $37K |
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What is NAICS sector 53?
NAICS sector 53 covers Real Estate and Rental and Leasing. Establishments primarily engaged in renting, leasing, or allowing the use of tangible or intangible assets. It contains 24 six-digit industry codes used in federal procurement.
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How much does the federal government spend in sector 53?
Total federal contract spending across all codes in the Real Estate and Rental and Leasing sector is approximately $1,319,484,637. Individual codes within the sector range from the most active at $154.4M to smaller niche markets.
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How do NAICS sectors relate to size standards?
Each six-digit NAICS code has its own SBA size standard — sectors don't have a single standard. Size standards are expressed either as maximum average annual receipts (e.g., $41.5 million) or maximum number of employees (e.g., 500 employees). Click into any six-digit code to see its specific size standard.
Data sourced from USASpending.gov and Census Bureau . Federal contracting data is public domain.