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NMHC Rent Payment Tracker Finds 86.8 Percent of Apartment Households Paid Rent as of October 13

October 20, 2020

NMHC Rent Payment Tracker Finds 86.8 Percent of Apartment Households Paid Rent as of October 13

October 15, 2020 | National Multifamily Housing Council

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 86.8 percent of apartment households made a full or partial rent payment by October 13 in its survey of 11.5 million units of professionally managed apartment units across the country.

This is a 2.4-percentage point, or 271,000-household decrease from the share who paid rent through October 13, 2019 and compares to 86.2 percent that had paid by September 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.

“While the broader multifamily industry continues to show its resilience at a national level, other metrics in the industry are beginning to highlight the growing localized financial distress due to inaction by political leaders in Washington,” said Doug Bibby, NMHC President.

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Austin Gross
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