Ownership and Management of Small Multifamily Rental Properties

To better understand the small multifamily rental housing market, the Terner Center fielded a survey of the owners and managers of small multifamily properties across the country. This report provides a brief overview of our research methods, followed by key findings from the survey in the following areas: 1) who owns small multifamily rental properties and why they own them; 2) how landlords of small multifamily properties screen and select tenants; 3) owners’ rent-setting practices; 4) how landlords responded to late or missed rent payments during the pandemic; and 5) small multifamily property maintenance practices.

Authors:

Shazia Manji, Research Associate

Nat Decker, Terner Affiliate

Read the full paper “Ownership and Management of Small Multifamily Rental Properties” here.