Even though the COVID-19 pandemic has impacted the economy in many ways, the National Multifamily Housing Council reports that as of May 6th, 80% of apartment households had paid their rent. This may still be 1.5% less than May 2019, but it is over a 2% increase from April 6th, 2020. [CONTINUE READING]
The NMHC has a rent tracker tool they use to find these figures. Check out the Rent Payment Tracker tool here: https://www.nmhc.org/research-insight/nmhc-rent-payment-tracker/