BiggerPockets Daily Rent Collections Fall as Some Landlords Face Pressure
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Sep 18, 2025 Rent payments are on the decline, marking the 23rd consecutive month of falling on-time collections. A national overview reveals that payment reliability is higher in Western states like Montana and Utah. The Sun Belt is facing challenges, with Mississippi at the bottom of the rankings. Listeners gain insights into state-by-state performance changes and valuable tips for landlords on screening tenants and managing reserves. This data is crucial for any landlord looking to navigate today's shifting rental landscape.
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Nationwide On-Time Rent Decline
- On-time rent payments nationwide dipped to 85.2% and continue a long-term decline.
- This marks the 23rd consecutive year-over-year drop, signaling growing tenant payment stress.
Small Rent Hikes, Big Payment Impact
- Average national rent rose modestly to $1,761 in June, only a 1% yearly increase.
- Small rent hikes can still push tenants into payment trouble when affordability is tight.
Western States Outperforming
- Western states like Montana, Utah, and Hawaii show much higher on-time payment rates than the national average.
- These Western markets remain the most consistent for mom-and-pop landlords right now.