COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

On-time rent payments at mom-and-pop multifamily properties are improving faster than other rental segments, adding to signs of an operational recovery as supply recedes.

US multifamily rent growth reached 2.2% year-over-year in August as monthly momentum remained strong and rent gains broadened across more metro areas.

The September 2026 Independent Landlord Rental Performance Report from Chandan Economics and RentRedi shows further improvement across independently operated rental properties. On-time payments rose to 83.2%, year-over-year collections strengthened by 91 basis points, and multifamily continued to narrow the performance gap with smaller rental formats.

The August 2026 Independent Landlord Rental Performance Report from Chandan Economics and RentRedi shows further signs of stabilization across independently operated rental properties. On-time payments improved to 83.2%, year-over-year performance strengthened materially, and multifamily properties drove much of the monthly rebound.