I'd hazard to say a fair amount of low-income rentals are still paid in cash. It's not like the "don't declare income" slice of the economy disappeared. If yo

I'd hazard to say a fair amount of low-income rentals are still paid in cash. It's not like the "don't declare income" slice of the economy disappeared. If you're paid in cash but not declaring it, you probably want to pay rent in cash too. Quick search, but unbanked seems a good proxy for "pay with cash": https://www.fdic.gov/analysis/household-survey/index.html https://www.fdic.gov/analysis/household-survey/index.html From the above, somewhere between 4.5% (average) and ~8% (low income African-American and Hispanic) people do not have a bank account. Add in some more who choose not to declare, and it's a small but significantly non-zero number.