COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

The June 2026 Independent Landlord Rental Performance Report from Chandan Economics and RentRedi shows rent collections stabilizing, though the recovery has become more uneven. On-time payments were little changed from May, late-payment pressure turned higher again, and full-payment resolution remained relatively firm.

National multifamily rent growth rose to 1.2% in May 2026 as monthly momentum and market breadth improved. While rent growth remains subdued nationally, several Midwest, Northeast, and coastal markets continue to outperform, highlighting the increasingly localized nature of apartment market conditions.

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.

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.