Eighty percent of apartment households made a full or partial rent payment by May 6, according to The National Multifamily Housing Council's Rent Payment Tracker
The 80% who paid by May 6 is a 0.1 percentage point decrease from the share who paid rent through May 6, 2020. Through May 6, 2019, 81.7% had been paid.
"This month's findings are part of what seems to be an increasingly clear pattern of economic recovery and strong demand for multifamily housing," said Doug Bibby, NMHC president, in a prepared statement. "With more and more vaccines being administered, job creation on the rise and tens of billions in rental assistance being distributed to residents and housing providers in need, the outlook for the industry is a positive one."
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
