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.