Rental Performance Report for August 2025
Wondering how on-time rent payments are faring across the nation? Take a look at Chandan Economics & RentRedi’s Independent Landlord Rental Performance Report for August 2025.
Key Takeaways on Rental Performance for August 2025
As noted in Chandan’s report, here are the key takeaways on the rental performance for August 2025:
- In August 2025, the on-time payment rate in independently operated rental units jumped by 34 basis points (bps), rising to 83.2%.
- On-time payment rates have fallen year-over-year for 25 consecutive months.
- The forecast full-payment rate increased to 93.3%, moving off its post-pandemic low.
- Western states continue to hold the highest on-time payment rates in the country, led by Montana, South Dakota, Hawaii, and Wyoming.
- 2-4-family rental properties rentals held the highest on-time payment rates in August, coming in at 83.8%.
On-time rental payments in independently operated units improved in August 2025 — a positive development for a sector that has been dogged by declining performance for most of the year-to-date. According to this month’s first estimate, 83.2% of units paid their full rent on time — an increase of 34 basis points (bps) from July.
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