Real Estate Articles

2020-11-10 Study Finds 59% of Renters Used All or Some of Stimulus Check to Cover Rent | By: Brad Beckett

Study Finds 59% of Renters Used All or Some of Stimulus Check to Cover Rent

By Brad Beckett 

According to a recent study by Entrata, 59% of renters used all or some of their stimulus checks to cover rent during recent lockdowns resulting from the Coronavirus. Their survey was conducted with 1037 adult renters and collected between August 11th and September 3rd.

“COVID-19 has affected people all over the world, and U.S. renters are no exception,” said Chase Harrington, president and chief operating officer. “Our study shows that renters struggled to pay their full rent during the lockdown period, but in many cases, residents and management were able to come together to find a compromise and help ensure people were able to keep a roof over their heads…”

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