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Apartment Rent Rolls Post Major Improvement in NMHC’s Second Weekly Survey
The National Multifamily Housing Council (NMHC) found that 84% of apartment households made a full or partial rent payment by April 12 in its second survey of 11.5 million apartment units across the country. That’s up 15 percentage points from April 5.
NMHC’s Rent Payment Tracker numbers also examined historical numbers and found that 90% of renters made full or partial payments from April 1-12, 2019. Ninety-one percent of renters did the same last month.
“We are pleased to see that it appears that the vast majority of apartment residents who can pay their rent are doing so to help ensure that their properties can continue to operate safely, and so apartment owners can help residents who legitimately need help,” said NMHC president Doug Bibby. “Unfortunately, unemployment levels are continuing to rise and delays have been reported in getting assistance to residents, which could affect May’s rent levels.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Economy
- ◦Lease
