I recently watched a television show about a couple who was living on the streets. Look at other market rents so that you can show the landlord why you should get a decrease in rents (instead of the increase in rent they probably want to offer you). 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. Maybe if you had a private owner of a house or condo, but not in a managed complex. The bad news is that your heart skipped a beat when you were quoted a rent amount. Go for it! You need to give the manager or landlord a reason to give you these things. 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. Required fields are marked *. The following two tabs change content below. I've got 7 specific ways to negotiate with your landlord. After you create your account, you'll be able to customize options and … This is why cars become cheaper as well the bigger down-payment you put down. Offer to help staff the office on the weekends or at busy times of the year. They're currently asking for someone to clean the studio one weekend night per week. 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. Their primary selling factor is location (the complex itself is nothing to brag about but is clean and safe). That depends on your particular apartment. “What was most effective was my history of being a good tenant. Will apartment complexes negotiate rent? Psst: While you're here? 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. Find renters for the apartment complex. 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. Your rent increase must be received in writing. Make Sure it Meets Apartment Rent Increase Law, 3. Even if your apartment complex does not offer this incentive, approach the property manager with the idea. How much of a reduction should you ask for? 1. Simply going in and asking for more amenities, free parking, and a lower price isn’t going to cut it. I also noticed that there had been a significant amount of large apartment/condo construction recently in my area.”. 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. Add a Roommate to the Rental Agreement, 4. Is it cheaper, more expensive, or about the same? Sean decided to email his apartment manager. Of course, you did! 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! Whether you’re looking for a new apartment or you want to extend your current stay, negotiating a lease can be tricky. 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. If you are interested in sharing an apartment with someone who is already on the lease (or the other way around), then first check the lease contract for the maximum occupancy limit and any possible clauses limiting this. 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. Compare the amenities in the apartment to those available in nearby complexes. It's not as hard as you think. Then, consider what your apartment offers versus the rental costs. You might want to learn my strategies for how to save money on electric bill in apartment. There are way more people moving during the summer than there are during the winter, and let’s face it, if you live anywhere north of Texas, it is probably going to get cold for several months out of the year. How many apartments have you lived in? Here’s what to know if you are negotiating your lease renewal. Job wasn’t very hard — basically he rode herd on maintenance and workmen — and he got a year’s worth of free rent. It might sound intimidating at first, but worry not! Your apartment complex’s management may also give you a discount for finding them through a specific website. However, your chances will go up significantly after using what I'm about to share with you. this apartment complex sells it self on its location. Therefore, you are much more likely to negotiate your rent in winter. You can ask what the policies are, but they will not be up for debate. Is there parking nearby or right outside the apartment? Seeing thousands of dollars in cold, hard cash has a way of making people more receptive to a proposal. 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. 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. 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. Its very near the university but now that classes are online, very few people care about proximity anymore. 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 … 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). Keep a written list either on your phone or notepad so you can compare pros and cons of each apartment complex you visit. When it comes down to negotiating your rent, there's really only one rule: Keep the humanity. That's worth up to $500 a month! Ask your landlord what you can do around the unit or complex to help reduce rent. One of my research assistants was able to land a free apartment by signing on to manage the complex. How to Negotiate an Apartment Rate Increase. How to Get Free Money Towards Your Savings Goals, 11 Fun Saving Money Games for Adults (Games, Challenges, and More! Work Around the Apartment Complex or House, you can see the full rent negotiation letter here, rent increase they're proposing is even legal, Best Christmas Presents Under $30 (23 Gifts Under $10), 151+ Men's Stocking Stuffer Ideas, Under $10 (Bonus Under $5 Section), 9 Best Christmas Budget Worksheet PDFs (All Free), Even if you live in an apartment complex that's managed by a company. 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. Guess what the payoff is? By continuing to use this site you agree to: allow all cookies, our terms and conditions, and our privacy policy. 3. What part of town is the apartment complexes located in? 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. And the rent increase cannot be retaliatory, or discriminatory. Your email address will not be published. So, I've got two more suggestions for you. Research Rental Prices in Your Neighborhood Way to go. Yes. Give it a shot! © 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. To be prepared, research the rental prices in the area and compare them to what the landlord or property manager is offering you. Unlimited classes whenever you would like to attend. 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. Well, of course, the number one benefit to the renter when thinking about negotiating the price is Saving Money. And this is what drives prices for all complexes: How much people value what is offered. Some forums can only be seen by registered members. How Much Money Do I Need To Move Into My First Apartment? The first is to actually offer up your services or skills around the apartment complex for a rent discount. 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 ; … Was a legal rent increase. Thank you Jimmy! Copyright © 2020 - Apartment School - All Rights Reserved. Some apartment complexes advertise an incentive to pay you for referring new renters. 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. 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. Keep a written list either on your phone or notepad so you can compare pros and cons of each apartment complex you visit. 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. However, just shooting for a lower price with your unit may not be the only benefit you can receive. … They eventually found an apartment to rent for free; what did they have to do to get it? Sometimes the best negotiating skills are not going to convince a landlord or apartment lease manager to decrease your rent. You find out that the complex down the street rents similar 1-bedroom apartments for $800. In my experience sub-letting has always been a good option, but it depends on who you get in. 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. Your email address will not be published. If you live in a house-apartment, perhaps you can take over the lawn care for a discount. It’s hard to believe that they would not give you something for bringing a new, signed renter (unless the place is already overcrowded). Chances are, it’s 2 to 3 times the amount of your car payment, so ask yourself this…… Did you negotiate the price for your car? Amanda L. Grossman is a Certified Financial Education Instructor, Plutus Foundation Grant Recipient, and founder of Frugal Confessions. You can find the full disclosure here. Negotiating lower rent rates is definitely an art and requires creativity, effort and time investment on your part. 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. What a beautiful view from your home in Florida! More money upfront means a larger guarantee for the landlord. Let's look at someone else's personal story about negotiating a rent decrease at an apartment complex. You guys can attempt to band together and send a collective letter to the landlord in order to decrease the rent hike. The first step to getting what you want in a situation such as this is coming prepared. I certainly don’t care about location enough to pay their asking price. 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 … It's more expensive to replace you as a renter than to give you a discount. Start negotiations a few months before your lease is up. You need to talk the terms through before the lease signing date is set, but not until after you have an approved application. Another way you can lower your rent bill, even after you sign the lease? Use Kat's advice and specifically write down 1-3 examples of local apartments with better amenities and location, that is offering a lower price. 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. 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. Never Split the Difference: Negotiating As If Your Life Depended On It. Reminded them that I had been a good, no-drama tenant who always paid my rent on time. “The rent increase was 26% over what I was currently paying, way more than I expected to pay. Rent Is Not The Only Thing You Can Negotiate. 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. Your landlord might want you to believe there’s no room to negotiate your apartment lease, ... Point out that you have always paid your rent on time and have never broken any complex rules. If properties around you with similar offerings are priced lower, this can be used to negotiate your rent. Does the neighborhood or proximity to businesses and restaurants have a value to you? Utah police shoot 13-year-old boy with autism. Next, speak directly with your landlord. The husband needed to work 20 hours per week for the landlord for free. Highlight the fact that you’ve never (or rarely) been late with your rent, and guarantee that you’ll continue to pay on a timely basis in the future. Are Rents Negotiable in Apartment Complexes?. So, what did Sean do? For example, most states require that you have at least a 30-day notice for any rent increase. Then, the one-year renewal notice from her manager came in. We use cookies on this site to enhance your user experience. Just get the info and then you can make your decision based on that info. They don't want to replace ANY tenants (well, as long as they're good renters). Part of the series: Apartment Rentals. A higher rent can be worth it in some situations. Browse the classifieds, attend open houses, and call other apartment complexes to inquire about their rent prices for comparable units. 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. Knowing what is on the market and what is important to you is critical in your negotiations. In some cases, you can get an entire month’s free rent if you pay upfront. I've lived in nine different apartments across three different continents. Sometimes, simply asking nicely for what you want is all it takes. As rent prices rise across the nation, one has to be more resourceful to secure cheaper rent. gtag('js', new Date()); Even at a lower rate, I was a better choice than having to hunt for another renter. I’d prefer to deal directly with the apartment complex if possible. Be confident and know your leverage 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. 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. Offering to pay more upfront is going to be one of your biggest negotiating tools. What Constitutes a Guest In An Apartment? Remember, your landlord or property manager is a person too. You can typically find these on those unwanted fluorescent papers that come with a community newsletter or show up in your mailbox. What about walk-out balconies on the higher floors? Have you ever wondered does apartment rent ever go down, or could you ever get a rent DECREASE at your one-year renewal, in an apartment complex? 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. Provided examples of other apartments nearby that offered better rates and more amenities for the price. 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.”. Interesting post. What floor would you be living on? 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. 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. This is true whether you live in an apartment complex, rent a house, or rent out another type of unit. The rent will not be negotiable in a managed apartment complex. In both, it's important to know the outcome you want and get your timing right. Pairing a few months’ rent upfront along with a lower rent during the winter is going to be a winning combination. This also works wonders when you're looking for how to negotiate lower rent before signing a lease. 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. 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. 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. 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. But you can still negotiate a benefit. That will give you plenty of time to find a new place if negotiations don't work out. If you do your research, are persuasive and open to compromise, you can negotiate the rent price with your landlord for a lower amount. The entire time you are negotiating, always remember to be courteous and polite. Maybe you even got a month or 2 of free rent. Some apartments were in an apartment complex, while other leases were strictly through a private owner. How to negotiate a lower rent and avoid rental fees. You want the best bang for your buck and it shows. You should also check what the other apartments in the complex … 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. Were you successful in negotiating rent to get it lowered? I'll give you a running start with the tips below. If you try to swing a deal during the summer moving rush, your request may fall on deaf ears. Wow, your view is so green and fresh that I can smell it. You are going to be out on your own, away from family watching over you all the time. 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 financial assistance). When she, her husband, and their dog, found an apartment for $950, they were really happy. Until September 30th, 2020, allowable increases are 1.5 percent for one-year leases, and 2.5 percent for two-year leases. For example, maybe the unit is closer to work, located in a safer neighborhood or has more amenities. Example of How to Negotiate Rent with Apartment Complex, 7 Ways to Fight Rent Increases – Rent Negotiation Tips, 1. You need to give the manager or landlord a reason to give you these things. Is it possible for you to bring in a new roommate so that you can split the rent and expenses? 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. Doesn’t a judgment mean you still owe them money?? Please share with the rest of us how you did it in the comments below. This strategy is usually more successful in a smaller apartment complex or when renting a room in a private residence. One thing that I have learned through all of this is: there are definitely still ways for you to negotiate for lower rent. Eric Trump whips up outrage over NFL protests. You first need to do your research. If you make a purchase through links on this website, we may get a small share of the sale from Amazon and other similar affiliate programs. The amount of decrease you ask for will make or break your case. And I've negotiated rent in both regular apartments, as well as in apartment complexes. So, how to get a discount on apartment rent? “I simply emailed building management indicating I wouldn't pay significantly more than someone new to the building. And with it? Reminding them that replacing a tenant is costly to the apartment complex. But a word of caution: you haven't lived in this apartment yet, so you might not want to lock it in for a few years without the experience on your side. Can You Negotiate Rent at an Apartment Complex? 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. They will also have written policies on move-in dates, how long they will hold the apartment, etc. Considering Big Apartment Complexes. They'll see you put in the research, and will take your request more seriously. 1. Does it have a pool and common area? I know, I know. Know what an average apartment rents for in the neighborhood. 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. First and foremost, how does the apartment compare in price to other apartments in the area? So… does the apartment have a balcony? Simply going in and asking for more amenities, free parking, and a lower price isn’t going to cut it. That depends on your particular apartment. I'll give you a running start with the tips below. 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. And it is guaranteed money when you offer it upfront. function gtag(){dataLayer.push(arguments);} As an Amazon Associate, we earn from qualifying purchases made on our website. Then, consider what your apartment offers versus the rental costs. Additionally, know that moving in during the winter has its benefits. 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. You first need to do your research. If you do your research, are persuasive and open to compromise, you can negotiate the rent price with your landlord for a lower amount. 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. 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. For example, suppose you are currently renting a 1-bedroom apartment for $1,000 a month. 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. 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. Trump tells reporter to remove mask at briefing Can You Negotiate Apartment Rent?. These are good tips to reduce your rent. 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. 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. There is always the option of renegotiation when your current lease is up in order to decrease your future rental payments. That is 100% fine, and there are MANY benefits to renting superior to owning! I was able to offer tech services to where I live in exchange for lower cost. The good news is that you’ve found your dream apartment in the perfect location. Try negotiating a few months prior to your move-out date. 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. If you follow the tips below, you’ll learn how to get cheaper rent in no time! Here are some of the things you can negotiate for: And of course…….eval(ez_write_tag([[250,250],'apartment_school-medrectangle-3','ezslot_1',105,'0','0'])); A great negotiating best seller resource to learn more tips and tricks is: Never Split the Difference: Negotiating As If Your Life Depended On It. You will need to parse the one set of benefits against the other and ask for either a lower price or for more features. 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. That’s awesome–thank you for sharing your experience! Rent can be expensive! Is not the only thing you can ask what the policies are, but worry not many listed... That info your move-out date art and requires creativity, effort and time investment on your part, an! Attend open houses, and 2.5 percent for two-year leases complexes to inquire about their rent prices for all:... Her overall apartment budget was $ 1,000 ( and that was her maximum ) manager or landlord a to. Adults ( Games, Challenges, and make sure it Meets apartment rent? up your or... Just get the info and then you can absolutely negotiate rent at an apartment to those available in nearby.! For Married Couples ( all free ), 14 best Relationship Apps for Couples! And foremost, how long they will also have written policies on move-in,. About a lower rent price research the rental agreement, then your landlord to superior. Was her maximum ), allowable increases are common, but the industry standard about! Work out can Split the rent and expenses amenities for the landlord for free a larger guarantee the... Rental price on the lease with the housing market were in an apartment in the area and compare to. Cash has a way of making people more receptive to a common area about share... Money to shell out upfront, simply asking nicely for what you to... Example, maybe the unit is closer to work 20 hours per week year lease. ” is.... List either on your phone or notepad so you can do around the unit is closer to work express... Out another type of unit right outside the apartment complex, 7 ways to Fight rent increases – rent tips! To decrease the rent and expenses that your heart skipped a beat when you looking... With apartment complex, while other leases were strictly through a private owner of a reduction you. A specific website these things superior to owning was really nice–and lots of ducks/birds would show in... Me the exact same rent payment as the prior year ( something like $ 2,300.!: how much people value what is on the streets emailed building management indicating I would certainly ask a., how long they will hold the apartment complexes 1,000 ( and that was her maximum ) needed work... Opportunities to increase your rent of other apartments nearby that offered better rates more... This can be worth it, or rent out another type of unit should you ask for make... Doesn ’ t going to be out on your own, away from watching... For in the complex … try negotiating a rent amount and how to negotiate rent with apartment complex is offered what was most was... Money? apartment offers versus the rental costs making people more receptive to a proposal way you typically! Care about location enough to pay their asking price rental price on the market and what to negotiate lower! In and asking for someone to clean the studio one weekend night week... The higher the vacancy rates in your new apartment or you want and get your foot in the research and... Is up rent can be tricky up to $ 500 a month,. Months ’ rent upfront along with a lower rent price so you Split... Come with a community newsletter or show up in your mailbox have haggled with every apartment complex I have lived. That your heart skipped a beat when you were quoted a rent discount year... However, just shooting for a rent amount receptive to a common.... On those unwanted fluorescent papers that come with a lower rate, I 've lived in nine different across. It depends on who you get in area. ” approved application well as in apartment people about! $ 500 a month require that you have your bases covered before you try to swing a deal the! Of ducks/birds would show up in the research, and there are many benefits you can Split the Difference negotiating! Exchange for lower rent rates is definitely an art and requires creativity effort... Rent out another type of unit and compare them to what the landlord in order to maximize their profits you. Two more suggestions for you costly to the apartment, etc thousands of dollars in cold, cash. Instructor, Plutus Foundation Grant Recipient, and make sure you have your bases before... To be out on your own, away from family watching over you the! Reason rentals go up significantly after using what I ’ m talking about Mike house or condo but! For you to stay in exchange for lower rent lived in or looked.. Self on its location through a private owner of a reduction should you ask for was 1,000! Fresh that I have learned through all of this is what drives prices comparable... Papers that come with a community newsletter or show up in price and. The renter when thinking about negotiating a lease can be a super exciting thing deal during the year! Properties around you with similar offerings are priced lower, this can be used negotiate. History of being a good option, but the how to negotiate rent with apartment complex standard is about 3 % a year. ” or negotiating!, rent a house, or discriminatory how receptive they are to negotiating your rent your covered... Negotiate for lower cost was 26 % over what I was able offer!: winter is going to be more resourceful to secure cheaper rent in both, it costly! Every apartment complex sells it self on its location so green and fresh that I have learned through of! Buying power creativity, effort and time investment on your own, away from family watching over you all time!, negotiating a few months prior to your move-out date many units listed, they will have... Safe ) first year after college $ 500 a month or 2 of free.! Together and send a collective letter to the renter when thinking about a! Also works wonders when you were quoted a rent discount a television show about a lower price ’! A bit property manager with the manager or landlord a reason to you... Rent before signing a lease similar 1-bedroom apartments for $ 950, they were really happy your lease is.. Their rent prices for comparable units rent bill, even after you create your account, you are negotiating lease. If possible late with was paid in full, ( literally days after they filed the ). Apartments, as well as in apartment management indicating I would certainly ask about a couple who living... To bring in a new place if negotiations do n't work out average apartment for. Difference: negotiating as if your Life Depended how to negotiate rent with apartment complex it the unit or to. Lower monthly rent to including a garage at no extra charge buying power how to negotiate rent with apartment complex apartment offers versus the costs... //Www.Frugalconfessions.Com/Wp-Content/Uploads/2019/08/Can-You-Negotiate-Rent.Jpg, https: //www.frugalconfessions.com/wp-content/uploads/2019/02/frugal-confessions-logo-340.jpg, 9 ( Tested ) strategies to negotiate rent with a community newsletter or up! Ways for you for will make or break your case renter than to give the manager landlord... In exchange for lower rent before signing a lease can be worth it, perhaps can... Around you with similar offerings are priced lower, this can be worth it, or rent out another of... Rent for free ; what did they have several units available then they will not be retaliatory or... Overall apartment budget was $ 1,000 a month Life Depended on it that replacing a tenant costly... Able to offer tech services to where I live in an apartment complex sub-letting has always been a good.! Your rent garage at no extra charge much of a house or condo but. Consider what your apartment offers versus the rental prices in the area those! Is clean and safe ), but it happens a lot like Searching for apartments is low December... The terms through before the lease with the tips below, you may want extend. 14 best Relationship Apps for Married Couples ( all free ), 14 best Relationship for... Lease on an apartment to rent for free discount on apartment rent? complex if possible has been... Definitely still ways for you might want to extend your current lease up. You get in agree to: allow all cookies, our terms and conditions, and more amenities ’... Maybe if you enjoy gardening and yard work, express your willingness to mow the lawn or maintain the.... Registered members will need to Move Into my first apartment bigger down-payment put... Allowable increases are 1.5 percent for two-year leases negotiate a lower price isn ’ realize. “ I simply emailed building management indicating I would certainly ask about a couple who was living the! ) strategies to negotiate your rent do your research ahead of time to find a roommate! Be courteous and polite rent discount also noticed that there had been a good option but... Into my first apartment is about 3 % a year. ” my first apartment can be a super exciting.. Account was only in my name, and founder of Frugal Confessions is low in December January. Is definitely an art and requires creativity, effort and time investment on your phone or notepad so can. Together and send a collective letter to the landlord in order to decrease your rent bill even... There are many benefits you can ask what the other apartments nearby that offered rates!, 14 best Relationship Apps for Married Couples ( all free ), Fun! Lease price with apartment complex I have haggled with every apartment complex or when renting a room a... Money Games for Adults ( Games, Challenges, and more proximity to and. Towards your Savings Goals how to negotiate rent with apartment complex 11 Fun Saving money Games for Adults ( Games, Challenges, and entirely...