Multifamily NW: More Oregon Tenants Pay Rent in June than in Previous Month

Multifamily Northwest reports that on average, 12% of Oregonians did not pay their rent by June 15th, a significant improvement from 13.2% in May. 

Statewide, conventional housing showed moderate improvement between May and June, improving from 13.4% to 11.9% nonpayment. Improvements of 2-3% were recorded uniformly across each housing type. Various reasons were suggested: Households returning to work, some rental assistance being received at the properties, and elective non-payers beginning to return to their regular schedule of payments.

Note on Methodology: The survey asks “How many occupied households were unable to pay full rent by the 15th day of the month?” The survey then adjusts for vacancies to arrive at the true percentage of occupied households that are unable to pay their full rent.