Login

Fewer Apartment Dwellers Paying Rent on Time Signals Further Industry Struggles

National Multifamily Housing Council Reports Rent Collection Rate of 77%
Fewer tenants paid rent in the first six days of this month, according to the latest data. (iStock)
Fewer tenants paid rent in the first six days of this month, according to the latest data. (iStock)

Fewer U.S. apartment dwellers paid their June rent in the first six days of the month than in May, prompting concerns that hurdles from labor shortages to other difficulties in building more affordable units lie ahead for the industry even as the economy recovers from the pandemic.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE