May 2022 Independent Landlord Rental Performance Report
May’s Independent Landlord Rental Performance Report (data provided by RentRedi & analyzed by Chandan Economics) shows that after reaching a high of 80.6% in March, on-time payment rates have dropped in both April and May.
Highlights
- On-time rent payments total dropped to 78.1%
- 2-4 family rentals maintain the highest on-time rental payments at 81.1%
- Mid-priced rentals ($1,500-$2,499) continue to outperform all other price points.
Full Landlord Rental Performance Report
Get the full report & analysis for May here.
About RentRedi
RentRedi is property management software that provides landlords and investors with the tools they need to manage their properties. Our platform not only helps independent landlords more easily collect rent, but you can also list properties, screen tenants, sign leases, and manage maintenance.