COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

National multifamily rent growth held near 1.0% in April, while short-term momentum improved modestly. Conditions remain soft, but the latest data suggest the market is no longer broadly worsening.

This week’s Rental Housing Weekly Briefing examines renewed pressure on apartment valuations alongside continued improvement in mom-and-pop rent collections, even as late-payment pressure remains elevated.

The May 2026 Independent Landlord Rental Performance Report from Chandan Economics and RentRedi shows continued improvement in on-time rent payments across independently operated rental properties. But while full-payment outcomes remain resilient, late-payment pressure is still elevated, pointing to an uneven recovery beneath the surface.