The Washington D.C.-based National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found that 80.8% of apartment households made a full or partial rent payment by June 6, according to its survey of 11.5 million units of professionally-managed apartments across the country.

This is a 0.7-percentage point decrease in the share who paid rent through June 6, 2019, and compares to 80.2 percent that had paid by May 6, 2020. These data encompass a wide variety of professionally-managed market-rate rental properties across the United States, which can vary by size, type and average rental price.

“These are trying times for the country, and we are reminded on a regular basis how crucial safe and secure housing is during a period of uncertainty and upheaval, so we are glad to see that residents who live in professionally-managed properties continue to pay their rent,” said Doug Bibby, president at NMHC.

“While our Rent Payment Tracker metric continues to show the resilience and strength of the professionally-managed apartment industry, it does not necessarily tell the whole story, as it doesn’t capture rent payments for smaller landlords or for affordable and subsidized properties, and according to Harvard, more than half of renters with at-risk wages due to the pandemic live in single-family and small multifamily rentals with 2–4 units.”

*Pictured above: NMHC President Doug Bibby

For comments, questions or concerns, please contact David Cohen