Trending

Coronavirus: More than 30% of American renters didn’t pay rent in April

After nearly 10 million Americans filed for unemployment in March, nearly a third of all renters didn’t pay their April rent, an apartment industry group says.

>> Read more trending news

The National Multifamily Housing Council reported that 69% of households paid rent, down from 82% from the same time a year earlier.

About 81% of households paid their March rent.

The group tracks rent payments for about 13.4 million units across the country.

Many states and cities have placed moratoriums on evictions and late fees.

>> Coronavirus: New York landlord waives rent for hundreds of tenants

A New York landlord waived April rent for his tenants.

0