1/3 of Renters in the U.S. Did Not Pay April Rent

1/3 of Renters in the U.S. Did Not Pay April Rent

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Millions of people have lost their jobs because of businesses closing due to the COVID-19 pandemic.

According to Market Watch, nearly one-third of U.S. renters did not pay April rent for 2020. Specifically, rent was not paid during the first week of the month by nearly one-third of U.S. apartment renters. 6.6 million workers have filed for unemployment in the U.S., according to NBC.

 Market Watch reports that only 69% of tenants paid rent between April 1 and April 5. When you look at March, 2020, 82% of renters paid their rent within the first five days. This is a sobering look at how badly COVID-19 is affecting workers.

Have you been affected by COVID-19 and lost your job? Were you able to pay rent this month? I wish the best for you and your loved ones and hope this will all be over soon.

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Filed Under: Coronavirus in New York
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