Rental Market Snapshot – June 2025
RentRedi, an award-winning property management software, partners with Chandan Economics, a leading economic advisory firm, to provide key insights into how on-time payment rates impact independent landlord performance.
Main Takeaways
- In June 2025, on-time rent payments in independently operated units dropped to 84.3%, the lowest rate since early 2021, signaling growing tenant financial stress.
- Landlords using autopay and credit reporting through RentRedi achieve much higher on-time payment rates, above 95% and over 99%, highlighting the effectiveness of tech-enabled rent collection.
- With affordability tightening and rising signs of consumer financial strain, landlords can stay ahead by monitoring trends, acting early on late payments, and using RentRedi tools to maintain consistent rental income.
On-Time Payments Drop Sharply, Marking a New Post-Pandemic Low
As of June 2025, on-time rent payments in independently operated units fell by 0.85 percentage points from May, landing at 84.3%—a new low not seen since early 2021. The national average rent, $1,761, has only grown 1% since last year (Multihousing News).
RentRedi Tools Still Outperform the National Trend
Despite broad market challenges, RentRedi users who leverage autopay and credit reporting continue to see better results:
- Autopay: On-time rates remain above 95% (RentRedi).
- Credit Reporting: On-time rates exceed 99% (RentRedi).
These tools help landlords encourage consistent rent collection:
- Credit reporting motivates timely payments by helping tenants build credit with each on-time rent payment.
- Autopay automates rent collection, minimizing human error and late rent payments from tenants (Bigger Pockets).
The Bigger Picture: Staying Ahead of the Trend
With lower inventory in the rental market, affordability remains tight in the market. US households are spending an average of 29.9% of their income on rent (NerdWallet), and the steady decrease in on-time payments and other signs of consumer stress, such as credit card and student loan delinquencies (New York Federal Reserve), means landlords should be thinking about staying agile and proactive.
How to Ensure Your Rentals Continue to Perform
- Monitor rent payment trends closely
- Reach out early when tenants miss payments
- Automatic rent payment reminders for tenants
- Use RentRedi tools such as autopay and credit reporting
In a tightening market, staying vigilant about ensuring your tenants continue to make timely payments is one of the best ways you can prevent a decline in late rent payments that affect your business performance.
👉 Learn more about RentRedi’s tools for rent collection:
https://rentredi.com/rent-collection/
📊 For deeper economic analysis, read the full report from Chandan Economics and RentRedi:
Independent Landlord Rental Performance – June 2025
RentRedi Partners
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