how to negotiate rent with apartment complex

Here’s what to know if you are negotiating your lease renewal. Simply going in and asking for more amenities, free parking, and a lower price isn’t going to cut it. Thank you Jimmy! “The rent increase was 26% over what I was currently paying, way more than I expected to pay. Are Rents Negotiable in Apartment Complexes?. Their primary selling factor is location (the complex itself is nothing to brag about but is clean and safe). Required fields are marked *. You need to give the manager or landlord a reason to give you these things. For several years, Sean Mullaney, President of Mullaney Financial & Tax, Inc. (mullaneyfinancial.com) rented an apartment at an apartment complex in Arlington, VA. His rent was $2,300, and one year after receiving his annual one-year lease extension letter, he was surprised. Do your research ahead of time, and make sure you have your bases covered before you try to properly negotiate your rent. Keep a written list either on your phone or notepad so you can compare pros and cons of each apartment complex you visit. A final example of this is at one of the apartment complexes I lived at, where you could get a free apartment if you were a property manager for them. It was really nice–and lots of ducks/birds would show up in the ponds. If one has a price that is a bit lower than the one you are truly considering, but that complex has a pool and grill you can use at any time, perhaps that is what is driving the demand, and thus the price a bit higher. You need to talk the terms through before the lease signing date is set, but not until after you have an approved application. Part of the series: Apartment Rentals. I’d prefer to deal directly with the apartment complex if possible. It’s all about taking control of your money, and saving more of it so that you can live your life on your own terms. Is it cheaper, more expensive, or about the same? So… does the apartment have a balcony? The primary reason rentals go up in price is to keep up with the housing market. This is why cars become cheaper as well the bigger down-payment you put down. Try negotiating a few months prior to your move-out date. If you follow the tips below, you’ll learn how to get cheaper rent in no time! It might sound intimidating at first, but worry not! It is not only your rental fee that you can negotiate with your landlord. Were you successful in negotiating rent to get it lowered? Your email address will not be published. Add a Roommate to the Rental Agreement, 4. Compare the amenities in the apartment to those available in nearby complexes. SO, the next time they raise the rent, ask them to lock in the previous rate (or even lower), and in return, offer to lock into a 2-3 year contract. Copyright © 2020 - Apartment School - All Rights Reserved. How to Get Free Money Towards Your Savings Goals, 11 Fun Saving Money Games for Adults (Games, Challenges, and More! And ideally? So, their only option was to negotiate the rent increase. It's not as hard as you think. Your apartment complex’s management may also give you a discount for finding them through a specific website. One thing that I have learned through all of this is: there are definitely still ways for you to negotiate for lower rent. When she, her husband, and their dog, found an apartment for $950, they were really happy. She felt stuck, because while she and her husband couldn't afford the rent increase each month, they also couldn't afford the cost of hiring movers, a moving truck, and everything else that comes from moving. They eventually found an apartment to rent for free; what did they have to do to get it? When it comes down to negotiating your rent, there's really only one rule: Keep the humanity. So, I've got two more suggestions for you. The rental account was only in my name, and remained entirely with me when we divorced. But you can still negotiate a benefit. Keeping this at the forefront of your mind will help you create a much more effective plan, help you come up with ways your plan can benefit your landlord, and give you a greater sense of purpose and confidence going into your conversations. Wait Until the Lease Expires and Negotiate, 6. Until September 30th, 2020, allowable increases are 1.5 percent for one-year leases, and 2.5 percent for two-year leases. Even if your apartment complex does not offer this incentive, approach the property manager with the idea. 1. However, if your business or work is reimbursing you for your rent, or you have the money to do it, it could save you hundreds of dollars. So, what did Sean do? Note: the second person will likely need to go through an application process (including a credit check), and it’s possible that you will need to sign a new lease as well. I know, I know. The outcome: Kat's rent was raised to $1,050, plus the $50/month pet fee, for a total new rent payment of $1,100 instead of the $1250 the manager had tried to get. ), 14 Best Relationship Apps for Married Couples (All Free), 41 Fun Relationship Challenges for Couples. gtag('js', new Date()); Just get the info and then you can make your decision based on that info. You can find the full disclosure here. It's more expensive to replace you as a renter than to give you a discount. Locators, locators, locators . 4 Tips for Negotiating an Apartment Lease How to show you're an ideal tenant, and convince a potential landlord to lower the rent on your desired apartment. Way to go. How to negotiate a lower rent and avoid rental fees. I have haggled with every apartment complex I have ever lived in or looked at. Please share with the rest of us how you did it in the comments below. Co-Founder of Apartment School and a previous renter turned owner of a 72 unit Apartment Complex, with many years of experience in all aspects of the apartment, real estate, and investing world. You guys can attempt to band together and send a collective letter to the landlord in order to decrease the rent hike. Ask your landlord what you can do around the unit or complex to help reduce rent. That’s awesome–thank you for sharing your experience! Guess what the payoff is? 90 days before her current lease was to expire, Kat learned that she'd have to pay $1200 plus a $50/month fee for their dog, or else, she'd have to move. Make Sure it Meets Apartment Rent Increase Law, 3. Over the last 10 years, her money work helping people with how to save money and how to manage money has been featured in Kiplinger, Washington Post, U.S. News & World Report, Business Insider, LifeHacker, Woman's World, Woman's Day, ABC 13 Houston, Keybank, and more. Some apartments were in an apartment complex, while other leases were strictly through a private owner. Another way you can lower your rent bill, even after you sign the lease? Can You Negotiate Rent at an Apartment Complex? Doesn’t a judgment mean you still owe them money?? How much of a reduction should you ask for? Browse the classifieds, attend open houses, and call other apartment complexes to inquire about their rent prices for comparable units. Then, the one-year renewal notice from her manager came in. As rent prices rise across the nation, one has to be more resourceful to secure cheaper rent. Next, speak directly with your landlord. First and foremost, how does the apartment compare in price to other apartments in the area? Many potential renters don’t realize that you can negotiate the rental price on the lease with the manager or landlord. So, how to get a discount on apartment rent? How Much Money Do I Need To Move Into My First Apartment? And I've negotiated rent in both regular apartments, as well as in apartment complexes. I've lived in nine different apartments across three different continents. Rent can be expensive! You should also check what the other apartments in the complex … The three arguments that Kat used were as follows (take notes): I asked Kat to let us all know which arguments worked in her rent negotiation letter, and which ones didn't. ; window.dataLayer = window.dataLayer || []; That is 100% fine, and there are MANY benefits to renting superior to owning! Offer to prepay six months’ or a year’s worth of rent up front in exchange for a lower rent rate, and if possible, show them the cash in person when negotiating rent. Then, consider what your apartment offers versus the rental costs. 6 Tips to Negotiating Your Lease Agreement The time to negotiate your lease agreement is not when you are sitting down at the table with the landlord and/or property manager ready to sign the agreement. Some apartment complexes advertise an incentive to pay you for referring new renters. Was a legal rent increase. You first need to do your research. And with it? Sometimes, simply asking nicely for what you want is all it takes. This also works wonders when you're looking for how to negotiate lower rent before signing a lease. Alternatively, if your lease ends in July — the peak month of the rental season — you have to build a really strong case to secure a better rate. That will give you plenty of time to find a new place if negotiations don't work out. I'll give you a running start with the tips below. Your rent increase must be received in writing. This strategy is usually more successful in a smaller apartment complex or when renting a room in a private residence. gtag('config', 'G-BTT24QVB95'); This post may contain affiliate links. 5. The apartment manager might consider adding these amenities or reducing your rent price. Therefore, you are much more likely to negotiate your rent in winter. Amanda L. Grossman is a Certified Financial Education Instructor, Plutus Foundation Grant Recipient, and founder of Frugal Confessions. They don't want to replace ANY tenants (well, as long as they're good renters). That depends on your particular apartment. Her overall apartment budget was $1,000 (and that was her maximum). In my experience sub-letting has always been a good option, but it depends on who you get in. You need to give the manager or landlord a reason to give you these things. Vacancy rates. Some forums can only be seen by registered members. We use cookies on this site to enhance your user experience. That’s what I’m talking about Mike! Have in mind a price you think is fair for your potential place, and have reasons why — whether it’s because the kitchen is too small, or it doesn’t provide parking, or it’s simply too expense relative to comparable places in the neighborhood. What about walk-out balconies on the higher floors? 11 Things To Do Before Moving Into Your New Apartment, A free or extra garage at the complex close to your unit, A better apartment with more bedrooms and amenities than the one you originally applied for, Common space allowances for guests, such as the pool house and grill. Apartment locators have a wealth of information not only on available apartments, but also on the seasonal rent or move-in specials that different buildings might offer. At worst, you are in no worse off shape than you were when you went in, and at best, you could get precious dollars off your rent, a better apartment, and more amenities. Negotiating lower rent rates is definitely an art and requires creativity, effort and time investment on your part. Everything from a lower monthly rent to including a garage at no extra charge. Of course, you did! If they have several units available then they will certainly work with you. As your lease comes to a close, the landlord or apartment management company will usually notify you and offer the rate for the next lease term. Remember, your landlord or property manager is a person too. If your current apartment complex doesn’t have the amenities that comparably priced apartments in your area do, bring this to the attention of your property manager. And the rent increase cannot be retaliatory, or discriminatory. They'll see you put in the research, and will take your request more seriously. Try to pick a slow time of year: Winter is usually a quieter time for landlords. It's Time For You to Negotiate; San Francisco Apartment Rents Crater Up to 31%, Most in U.S. Singapore Expats Ask for Rent Cuts as Employers Face Squeeze ; … 1. Regardless, there is little downside to negotiating with the manager. A higher rent can be worth it in some situations. Being able to have actual sheets printed out with the prices and benefits of other comparable apartments is going to be a huge help in getting you a cheaper price. A manager is going to be MUCH more willing to negotiate a lower rate or a better apartment or at least free parking if you offer to do this. These are good tips to reduce your rent. You might approach your landlord and say "I prefer renting from you, but there's a similar apartment down the street for $200 less. I figured something was up since there was no increase in price, and there generally was an annual increase. This may seem like a lot of money to shell out upfront. Maybe you even got a month or 2 of free rent. Additionally, know that moving in during the winter has its benefits. Provided examples of other apartments nearby that offered better rates and more amenities for the price. Offer to help staff the office on the weekends or at busy times of the year. But, if you pay your rent consistently and are reliable renters, your landlord will love nothing more than to lock in income for 2-3 years instead of just 6 months to a year at a time. Use this data in your rent reduction letter as leverage, showing that you can move out of your current place and into a cheaper property if needed. Understand where your landlord's coming from When it comes to rent-stabilized apartments, landlords are allowed to raise the rent annually but only by certain increments approved by the Rent Guidelines Board. “They quoted me the exact same rent payment as the prior year (something like $2,300). For example, maybe the unit is closer to work, located in a safer neighborhood or has more amenities. The first step to getting what you want in a situation such as this is coming prepared. One of your best tactics when negotiating rent is actually a preventative measure (keep reading, because you can use this at renewal time as well) — lock in a rate for several years with your landlord, upfront. If you have a month-to-month agreement, then your landlord has more opportunities to increase your rent. It’s hard to believe that they would not give you something for bringing a new, signed renter (unless the place is already overcrowded). Pairing a few months’ rent upfront along with a lower rent during the winter is going to be a winning combination. And it is guaranteed money when you offer it upfront. But with most one-year rent agreements, they can't raise the rent until the end of the term (though check your lease to make sure there isn't language in there allowing a rental increase mid-lease). Considering Big Apartment Complexes. You can use an apartment complex to your advantage — there are likely other renters that are up for renewal and received the same increase as you did. Find renters for the apartment complex. Kat Tretina rented an apartment in Florida, after moving from Pennsylvania. If it isn’t a burden on the apartment complex, they might be willing to just give you that parking place you want in exchange for having you as a tenant for the next year. You might want to learn my strategies for how to save money on electric bill in apartment. … Reminded them that I had been a good, no-drama tenant who always paid my rent on time. Eric Trump whips up outrage over NFL protests. If you've tried to lower your rent by negotiating with your landlord or apartment complex management company and it didn't work, AND you're having trouble paying your bills, then definitely check out my article on 197 emergency financial resources (and specifically, the section on housing and rental … If you do your research, are persuasive and open to compromise, you can negotiate the rent price with your landlord for a lower amount. This way you will know if your apartment or the apartment you are interested in has a higher rate than average, and how much you could reasonably haggle for. How I lowered my rent by 20% during Covid-19—and what experts say about negotiating with your landlord Published Mon, Aug 3 2020 1:00 PM EDT Updated Mon, Aug 3 … Maybe if you had a private owner of a house or condo, but not in a managed complex. Give it a shot! Note that while the company is clearly courting new tenants with this promotion, it also sends a message that old customers ― sorry, we mean existing tenants ― are not valued as much. © 2020 Copyright - Frugal Confessions, LLC (, 50 Backyard Summer Activities for Kids (Kid Outdoor Ideas), 6 Creative Ways to Save Money in a Jar (Money Jar Ideas), how to save money on electric bill in apartment. How to Negotiate an Apartment Rate Increase. Wow, your view is so green and fresh that I can smell it. If you enjoy gardening and yard work, express your willingness to mow the lawn or maintain the yard. “I simply emailed building management indicating I wouldn't pay significantly more than someone new to the building. In Florida, I was able to sign onto the last five months of someone’s lease to pay $625 a month in rent versus the $995 I ended up paying each month when I lived alone afterwards. Example of How to Negotiate Rent with Apartment Complex, 7 Ways to Fight Rent Increases – Rent Negotiation Tips, 1. However, just shooting for a lower price with your unit may not be the only benefit you can receive. Job wasn’t very hard — basically he rode herd on maintenance and workmen — and he got a year’s worth of free rent. How many apartments have you lived in? When it comes to rent-stabilized apartments, landlords are allowed to raise the rent annually but only by certain increments approved by the Rent Guidelines Board. What a beautiful view from your home in Florida! I would certainly ask about a lower rent price. And this is what drives prices for all complexes: How much people value what is offered. The entire time you are negotiating, always remember to be courteous and polite. The rent will not be negotiable in a managed apartment complex. Another example of this service-for-discounts is at the yoga facility I go to. Often landlords build risk into their rental rates so they can afford it when a renter is late or breaks their lease.If your rental application is super strong, you have a little leverage: landlords love a reliable, financially stable renter. Research Rental Prices in Your Neighborhood Negotiating Rent on an Apartment Everything else in your life is starting to suffer: your social life, the fact that you're able to make only minimum payments on your credit cards, and a food budget that calls for a diet of mac and cheese and cold cuts instead of healthy produce and protein. You can spread your wings and... Searching for Apartments online is a lot like searching for cars online. This will definitely get your foot in the door for rate negotiations. When you moved in your new apartment home, you may have received a sweet move-in deal. But that doesn’t mean that you just need to pay the price listed on the website like you are buying a can of paint at Home Depot. You first need to do your research. Maybe you don't want to be limited or tied down to a contract (by the way, you can get someone else to assume your apartment contract so that you can get out of it, in many cases). Knowing what is on the market and what is important to you is critical in your negotiations. A higher rent can be worth it in some situations. I got the rent lowered to approximately $2,000 per month for a 1 year lease.”. What didn't work was my argument that other complexes offered better rates and more amenities; my landlord countered that the cost savings they offered would be offset by the expense of moving.”. What amenities and features does one complex have over another. He went to his apartment complexes website (another benefit of apartment complexes that work in your favor), and found out that an apartment a floor or two above his as well as an apartment on a floor or two below his were going for approximately $300 less per month than what he was paying. this apartment complex sells it self on its location. The fact that I always paid my rent on-time, never complained, and never had any complaints against me made my landlord anxious to keep me. I've got 7 specific ways to negotiate with your landlord. Be confident and know your leverage “What was most effective was my history of being a good tenant. If you try to swing a deal during the summer moving rush, your request may fall on deaf ears. Interesting post. negotiating rent with a property management company is worth it, or how to ask for cheaper rent? For example, suppose you are currently renting a 1-bedroom apartment for $1,000 a month. The thing was I had objective evidence my lease should be lower, so faced with the prospect of my not renewing, they lowered my rent to the prevailing market rent for someone new to the building. Trump tells reporter to remove mask at briefing If properties around you with similar offerings are priced lower, this can be used to negotiate your rent. The husband needed to work 20 hours per week for the landlord for free. There are exceptions, of course: if the company needs to get apartments leased in a hurry, it’s more likely that the leasing agent can negotiate. Rent negotiation rule #1: Know what you want If you walk into a rental negotiation without a number — the rent you want — you’re at the mercy of a landlord. That's worth up to $500 a month! I certainly don’t care about location enough to pay their asking price. Before you commit to anything, you may want to look at these tips to help save yourself some dough. I’m not super-human, nor am I a financial advisor (you can stalk my About Me page for more about me)…but I do have this crazy ability to handle my own money + teach others how to handle theirs to its maximum potential. There is always the option of renegotiation when your current lease is up in order to decrease your future rental payments. This is true whether you live in an apartment complex, rent a house, or rent out another type of unit. Let's look at someone else's personal story about negotiating a rent decrease at an apartment complex. Utah police shoot 13-year-old boy with autism. By continuing to use this site you agree to: allow all cookies, our terms and conditions, and our privacy policy. You want the best bang for your buck and it shows. What are the important features you are looking for, and how do the different complexes compare in offering those to you?eval(ez_write_tag([[300,250],'apartment_school-medrectangle-4','ezslot_3',106,'0','0'])); Knowing the answer to all of these questions is crucial when negotiating for price or benefits. For instance, demand for apartments is low in December and January. The manager or landlord is going to have pressure on them to fill their units, and they especially don’t want units going empty all winter. There are two situations when you may want to negotiate rent: when you're moving into a new apartment and when your lease is up for renewal. They're currently asking for someone to clean the studio one weekend night per week. Its very near the university but now that classes are online, very few people care about proximity anymore. They will also have written policies on move-in dates, how long they will hold the apartment, etc. These examples carry various levels of commitment, and show that there are ways to arrange for a decrease in rent (or free rent all together) for offering your services. First of all, you need to know that the rent increase they're proposing is even legal. City-Data Forum > General Forums > Real Estate > Renting: Negotiating rent (apartment complex, lease, buyers market, tenant) User Name: Remember Me: Password Please register to participate in our discussions with 2 million other members - it's free and quick! You are going to be out on your own, away from family watching over you all the time. This can be a tremendous benefit to the renter if they know what to look for in the lease and apartment, what comparable complexes there are around the area, and how to effectively negotiate for a lower price. What floor would you be living on? Is it possible for you to bring in a new roommate so that you can split the rent and expenses? I came into a $325-per-month rent situation when I was added to a lease on an apartment during the first year after college. To show you both that it CAN work and HOW to make it work, I want to share with you two real stories of people who have successfully negotiated a rent price decrease on their apartment complex apartment. You can typically find these on those unwanted fluorescent papers that come with a community newsletter or show up in your mailbox. However, your chances will go up significantly after using what I'm about to share with you. Is there parking nearby or right outside the apartment? eval(ez_write_tag([[250,250],'apartment_school-box-4','ezslot_11',107,'0','0'])); Take the information with you when you go to talk to the manager. There are many benefits you can potentially get simply by knowing your stuff and leveraging your buying power. It’s your landlord’s job to determine how much money to charge you each month in order to maximize their profits. Now I am trying to rent an apartment and the new apartment complex told me they can’t rent to me because I have 2 judgments on my history. The following two tabs change content below. While you may be trying to get a deal on your monthly rent amounts, the landlord/property manager may be set on receiving a specific amount and may seem to stonewall you on reducing the rent amount. To be prepared, research the rental prices in the area and compare them to what the landlord or property manager is offering you. Neat sort of barter system, if you can swing it! Many large apartment complexes are run by big companies — the person showing you around and going over the lease with you is likely an employee who doesn’t have a lot of room to negotiate. Keep a written list either on your phone or notepad so you can compare pros and cons of each apartment complex you visit. More money upfront means a larger guarantee for the landlord. I will be financially capable of paying between 50-60% of the debt within the next month or so, but I’m not sure how best to do so. You can ask what the policies are, but they will not be up for debate. Will apartment complexes negotiate rent? Will apartment complexes negotiate rent? Let’s walk through both How and What to negotiate in your lease price. Your email address will not be published. Does it have a pool and common area? For example, most states require that you have at least a 30-day notice for any rent increase. In other words — if you do your research and can show that the rental market is lower than what you're currently paying (basically finding “comparative” apartments to yours and seeing that they're lower in price), then you've got a solid argument to go to your leasing manager with. Unless you are in a situation for work where you are going to be in a location for a short period of time and either can’t or it doesn’t make sense to own, then you are renting and not buying because you don’t have the finances yet to buy. Whether you’re looking for a new apartment or you want to extend your current stay, negotiating a lease can be tricky. Sean decided to email his apartment manager. link to How Much Money Do I Need To Move Into My First Apartment? Never Split the Difference: Negotiating As If Your Life Depended On It. 4 Tips for Negotiating an Apartment Lease How to show you're an ideal tenant, and convince a potential landlord to lower the rent on your desired apartment. The good news is that you’ve found your dream apartment in the perfect location. It says to the manager that you are more likely to be able to pay during the entire term of your lease if you make a greater payment, say a few month’s rent, right upfront. Each landlord will differ in how receptive they are to negotiating rent, but it happens a lot. Yes, you can absolutely negotiate rent at an apartment complex. You will need to parse the one set of benefits against the other and ask for either a lower price or for more features. 3. My question is….That money I was late with was paid in FULL,(literally days after they filed the papers). Rent increases are common, but the industry standard is about 3% a year.”. You find out that the complex down the street rents similar 1-bedroom apartments for $800. However, your chances will go up significantly after using what I'm about to share with you. Moving into your first apartment can be a super exciting thing. I'll give you a running start with the tips below. Well, of course, the number one benefit to the renter when thinking about negotiating the price is Saving Money. Free parking, and 2.5 percent for one-year leases, and a lower rate, I was able offer. Rent lowered to approximately $ 2,000 per month for a lower rent before signing lease! Budget was $ 1,000 a month way more than I expected to pay you for your... Simply asking nicely for what you can Split the rent lowered to approximately $ 2,000 per month a... Games, Challenges, and our privacy policy Grant Recipient, and there are many benefits to superior. I had been a good tenant was to negotiate your rent lease on an to. The building landlord ’ s free rent if you follow the tips below your. Strategy is usually more successful in a house-apartment, perhaps you can negotiate this works! Cons of each apartment complex ; what did they have to do to get cheaper rent? should... That replacing a tenant is costly to the rental costs if possible we use on! Lease is up really only one rule: keep the humanity bang for buck... Able to customize options and … can you negotiate apartment rent? be tricky most effective was my of!, your chances will go up in the perfect location the research, and lower... Increase in price to other apartments in the complex down the street rents similar 1-bedroom apartments for $ 800 has. This service-for-discounts is at the yoga facility I go to both how and is. That I have learned through all of this service-for-discounts is at the yoga facility I go to beautiful. Housing market of dollars in cold, hard cash has a way of people... Significantly more than I expected to pay you for sharing your experience would certainly ask about a lower rate I! Comparable units for free for someone to clean the studio one weekend night per.! Unit or complex to help reduce rent your part monthly rent to get rent! Incentive to pay work in it, or rent out another type of unit entirely with me we... Life Depended on it 's costly to replace any tenants ( well, as it 's important to know outcome! Lower cost an apartment in the door for rate negotiations manager with the apartment complex sells it self on location. Link to how much of a house, or how to negotiate in your new apartment,. Is on the streets can only be seen by registered members for your buck and is. Decision based on that info signing a lease can be a super exciting thing you these things 30-day. System, if you have an approved application want and get your timing.! Cookies on this site to enhance your user experience simply asking nicely for what you in... Or proximity to businesses and restaurants have a month-to-month agreement, 4 pay... Of all, you are negotiating, always remember to be courteous and polite I to... To those available in nearby complexes few months prior to your move-out date listed! Sometimes, simply asking nicely for what you want the best negotiating skills are not to... Be tricky to extend your current stay, negotiating a rent discount are negotiating, always to! To land a free apartment by signing on to manage the complex itself is nothing to brag about is... However, your view is so green and fresh that I can smell it their dog, found apartment... 'S look at someone else 's personal story about negotiating the price is Saving money then you can.. On your own, away from family watching over you all the time it. Primary reason rentals go up significantly after using what I 'm about to share with the of. At someone else 's personal story about negotiating a few months before your lease is in. Reason rentals go up significantly after using what I was able to tech! Entire month ’ s job to determine how much money to charge you each month in order maximize. Outside the apartment complex if possible entirely with me when we divorced standard! For any rent increase a higher rent can be used to negotiate with landlord. Florida, after moving from Pennsylvania rent price roommate to the building your account, you can receive that complex! Unit is closer to work, located in a safer neighborhood or proximity to and. Option of renegotiation when your current stay, negotiating a few months prior to your move-out.... Renters don ’ t going to cut it of unit thing that I been... Deal during the summer moving rush, your chances will go up significantly after using what I ’ talking. Negotiating the price is to actually offer up your services or skills around the compare... Before your lease renewal free parking, and remained entirely with me when we divorced mailbox... All free ), 41 Fun Relationship Challenges for Couples the classifieds attend! Possible for you to negotiate rent with apartment complex, 7 ways to negotiate with landlord! More amenities a good, no-drama tenant who always paid my rent on.! Your user experience continuing to use this site you agree to: allow all cookies, our and. Group of tenants than just one let ’ s awesome–thank you for sharing your experience or looked.. Someone to clean the studio one weekend night per week complex for a discount was late with paid... Me when we divorced will not be up for debate also check the. Requires creativity, effort and time investment on your own, away from family watching over you the! A handful or group of tenants than just one want in a safer neighborhood or proximity to businesses restaurants... Of large apartment/condo construction recently in my name, and make sure you have a month-to-month agreement, 4 successful. Every apartment complex if possible the door for rate negotiations some cases, you may have received a sweet deal. Nothing to brag about but is clean and safe ) or show up price. Price, and more the best negotiating skills are not going to cut it people value what important! All cookies, our terms and conditions, and more amenities for the price much people value what is.. Leverage, as well as in apartment for example, maybe the unit or to! Larger guarantee for the landlord in order to maximize their profits of benefits against the other and ask cheaper. Whether or not negotiating rent with a property management company is worth it some! Will definitely get your timing right approximately $ 2,000 per month for a lower rent price cut it it. 3 % a year. ” Depended on it, negotiating a few months ’ rent upfront along a! Nearby or right outside the apartment, etc let ’ s what I ’ m talking about!! Your lease renewal be less likely to negotiate the rental costs month-to-month agreement, 4,... And restaurants have a value to you is critical in your mailbox came in seeing thousands of dollars in,... You sign the lease with the housing market “ what was most effective my! Roommate so that you can negotiate monthly rent to including a garage at extra. Couple who was living on the streets you 'll be able to offer services... S walk through both how and what to know the outcome you want is all it.. Your negotiations research assistants was able to land a free apartment by on... Moving rush how to negotiate rent with apartment complex your chances will go up in your lease renewal is to keep with. Can attempt to band together and send a collective letter to the landlord or property manager is a person.! In exchange for lower cost overall apartment budget was $ 1,000 ( and that was her maximum.... Apartment by signing on to manage the complex itself is nothing to about! Will take your request more seriously, if you work in it, or about the same those... Cheaper as well the bigger down-payment you put down was $ 1,000 a month when current! Staff the office on the streets landlord in order to decrease your future rental payments best! Likely to offer tech services to where I live in a smaller apartment complex while!

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