October 22, 2020

Rent collections in market-rate apartments stagnate in October

Rent payments are down 2% since 2019 but unchanged from September

The National Multifamily Housing Council’s monthly payment tracker, which collects data on collections in 11.4 million market-rate units, found that 90.6 percent of those households paid some rent by Oct. 20. In 2019, about 200,000 more of those households paid rent.

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