NMHC Rent Payment Tracker Shows Dip in July

Posted By: Jon Lowder Blog,

NMHC's rent payment data tracker issued on July 13 shows a dip in payment levels compared to the same point in June, 2020 and July, 2019. From the NMHC site:

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 87.6 percent of apartment households made a full or partial rent payment by July 13 in its survey of 11.4 million units of professionally managed apartment units across the country.

This is a 2.5-percentage point decrease from the share who paid rent through July 13, 2019 and compares to 89.0 percent that had paid by June 13, 2020. These data encompass a wide variety of market-rate rental properties across the United States, which can vary by size, type and average rental price.

Source: NMHC Rent Payment Tracker