Only 69% Of Apartment Residents Have Paid April Rent, But That Number Isn't The Full Story


Bisnow (April 10, 2020) -- Only 69% of apartment households in the U.S. paid their monthly rent by April 5, falling by 12% from the collection rate recorded a month ago, according to data released by the National Multifamily Housing Council Wednesday.

The percentage of households that have paid their April rent also fell 13% from the same date in 2019, NMHC said.

This could be taken as indication the coronavirus has severely impacted about one-third of renters, rendering them unable to pay rent, and headlines around the world have focused on this discrepancy.

Read more at: Bisnow