According to the just-released Independent Landlord Rental Performance Report – June 2025 from Chandan Economics, Missouri finds itself far from the top in terms of on-time rental payments. The national on-time payment rate dropped to 84.3%, down 85 basis points from the month before, while the forecast full-payment rate slid to a post-pandemic low of 94.0%. While western states like Montana (93.5%) and Utah (92.3%) led the nation, Missouri did not crack the top 10 — or even top 20 — states for on-time rent performance. This matters for St. Louis landlords and property managers who rely on timely rent to meet mortgage and maintenance obligations.
The report, using data from over 73,000 independently managed rental units tracked via RentRedi, is a key indicator for “mom-and-pop” landlords. Properties with 2-4 units performed best at 84.6% on-time payment, compared to just 83.6% for larger multifamily properties. For St. Louis investors managing smaller portfolios, this suggests resilience in duplexes and fourplexes. But with rising credit card delinquencies and resumed student loan payments, economic pressure on renters is growing. It’s more important than ever for landlords to stay informed, use solid tenant screening practices, and explore tools for efficient rent collection. For support navigating this changing landscape, connect with MORE, REALTORS®.
Source: Chandan Economics – Independent Landlord Rental Performance Report, June 2025
