Apartment Survey Finds August Rent Payments Held Up Fairly Well


GlobeSt (August 14, 2020) -- Apartment rental payments are holding up fairly well—at least for now.

The National Multifamily Housing Council reported that 79.3 percent of surveyed households made a full or partial rent payment by August 6. That’s slightly better than last month’s 77.4 percent, and just shy of the August 2019 level of 81.2, according to NMHC’s Rent Payment Tracker.

“Over the past few months apartment residents have largely been able to meet their housing obligations,” NMHC Chair David Schwartz said in a written statement.

Read more at: GlobeSt