In an effort to gauge the payment of rents nationally during the COVID-19 crisis, the National Multifamily Housing Council launched a tool—the NMHC Rent Payment Tracker—to provide insight into the housing market during these times.
The NMHC reported this week that 89% of apartment households in the country made a full or partial payment by mid-June. The housing council said it surveyed 11.4 million units of apartments in the country.
The 89% number is similar to the percentage of apartment dwellers who paid rent through June 13, 2019 and similar to those that had paid by May 13. The NMHC reports that there was a 0.1% point increase from the previous year and that the percentage rate for those paying through May 13 was at 87.7%.
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Robert Storace
Robert Storace covers legal trends, lawsuits and analysis for the Connecticut Law Tribune. Follow him on Twitter @RobertSCTLaw or reach him at 203-437-5950.
