{"id":5931,"date":"2024-10-31T17:45:48","date_gmt":"2024-10-31T21:45:48","guid":{"rendered":"http:\/\/rentblog.reevesmediagroup.com\/5-ways-to-avoid-a-rent-increase\/"},"modified":"2024-11-01T18:57:38","modified_gmt":"2024-11-01T22:57:38","slug":"5-ways-avoid-rent-increase","status":"publish","type":"post","link":"https:\/\/www.rent.com\/blog\/5-ways-avoid-rent-increase\/","title":{"rendered":"5 Ways to Avoid a Rent Increase on Your Apartment"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">A lot of things happen as you near the end of your lease. First, you decide whether you want to stay in your apartment. Then, you have to think about how long you want to stay. This will impact whether you ask to take your lease month-to-month or renew for another year. Lastly, you have to sign a new rental agreement, but don&#8217;t feel surprised if it&#8217;s not for the same price.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It&#8217;s typical for a rent increase to occur at the end of your lease. <\/span><a href=\"https:\/\/www.avail.co\/education\/articles\/how-much-should-rent-increase-per-year\"><span style=\"font-weight: 400;\">Rent usually increases by around 5% per year<\/span><\/a><span style=\"font-weight: 400;\">. That means if you&#8217;re paying around $1,500 each month for your <\/span><a href=\"https:\/\/www.rent.com\/colorado\/denver-apartments\"><span style=\"font-weight: 400;\">apartment in Denver<\/span><\/a><span style=\"font-weight: 400;\"> or <\/span><a href=\"https:\/\/www.rent.com\/florida\/miami-houses\"><span style=\"font-weight: 400;\">Miami rental<\/span><\/a><span style=\"font-weight: 400;\">, you may see an increase of around $75. If that seems like too much, you have options. Wondering how to avoid a rent increase? We&#8217;ve got five ways to help you save.<\/span><\/p>\n<h2><b>How to avoid a rent increase<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Figuring out a way to avoid a rent increase can help lower your housing expenses in the long run. It can give you an incentive to stay in your current apartment, and allow you to avoid having to<\/span><a href=\"https:\/\/www.rent.com\/blog\/pros-and-cons-of-moving\/\"> <span style=\"font-weight: 400;\">deal with a move<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here are five strategies that may help put an end to a rent increase.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">1. Pay your rent on time or early<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-443667\" src=\"https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/check_shutterstock_714566791.jpg\" alt=\"paying rent how do you avoid rent increase\" width=\"1200\" height=\"800\" srcset=\"https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/check_shutterstock_714566791.jpg 1200w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/check_shutterstock_714566791-300x200.jpg 300w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/check_shutterstock_714566791-1024x683.jpg 1024w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/check_shutterstock_714566791-768x512.jpg 768w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/check_shutterstock_714566791-672x448.jpg 672w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/check_shutterstock_714566791-1080x720.jpg 1080w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The better a tenant you are, the more likely your property manager will hold off on increasing your rent. They don&#8217;t want to lose you if you&#8217;re a good renter. One way to do this is to pay your rent on time every month. If you&#8217;re able to pay it a little early, even better.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This not only makes you more reliable to your property manager, but it helps you, too. Paying rent on time <\/span><a href=\"https:\/\/www.redfin.com\/guides\/how-to-improve-your-credit-score\"><span style=\"font-weight: 400;\">improves your credit score<\/span><\/a><span style=\"font-weight: 400;\">. It may also give you a little power if presented with a rent increase. Because you&#8217;re a good tenant, you might be able to ask your property manager to reduce the increase. You&#8217;ll still pay more each month, but not nearly as much.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">2. Ask to sign a two-year lease<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-443668\" src=\"https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/shakinghands_pexels-fauxels-3184465.jpg\" alt=\"shaking hands\" width=\"1200\" height=\"800\" srcset=\"https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/shakinghands_pexels-fauxels-3184465.jpg 1200w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/shakinghands_pexels-fauxels-3184465-300x200.jpg 300w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/shakinghands_pexels-fauxels-3184465-1024x683.jpg 1024w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/shakinghands_pexels-fauxels-3184465-768x512.jpg 768w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/shakinghands_pexels-fauxels-3184465-672x448.jpg 672w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/shakinghands_pexels-fauxels-3184465-1080x720.jpg 1080w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0standard lease should have language in it about when a property manager can increase rent, and this language usually states rent can&#8217;t go up until the lease is up for<\/span><a href=\"https:\/\/www.rent.com\/blog\/3-things-to-know-about-lease-renewals\/\"> <span style=\"font-weight: 400;\">renewal<\/span><\/a><span style=\"font-weight: 400;\">. If you sign a longer lease, you&#8217;ll have more security when it comes to cost. You&#8217;ll have it in writing that your rent can&#8217;t go up until the end of two years, rather than one.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Offering to sign a longer lease is also attractive to property managers. Finding new renters and refreshing an apartment when it&#8217;s vacant is costly and time-consuming. A property manager would much rather put it off if you&#8217;re willing to stay for longer than a year. You may even have success negotiating a lower monthly rent with this long-term commitment.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">3. Keep your apartment pet-free<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-443669\" src=\"https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/dog_shutterstock_621664817.jpg\" alt=\"dog how do you avoid rent increase\" width=\"1200\" height=\"800\" srcset=\"https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/dog_shutterstock_621664817.jpg 1200w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/dog_shutterstock_621664817-300x200.jpg 300w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/dog_shutterstock_621664817-1024x683.jpg 1024w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/dog_shutterstock_621664817-768x512.jpg 768w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/dog_shutterstock_621664817-672x448.jpg 672w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/dog_shutterstock_621664817-1080x720.jpg 1080w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">One of the best ways to avoid a rent increase is to not have a pet. Renting with pets often translates into extra fees or deposits to help cover the costs of potential pet damage. This not only makes your rent higher right from the start, but it makes property managers nervous. If they see your pet has done damage within the first year of you living there, they may want to raise your rent, when you renew, in anticipation of even more issues.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A<\/span><a href=\"https:\/\/www.rent.com\/blog\/searching-dog-friendly-apartments\/\"> <span style=\"font-weight: 400;\">pet-friendly apartment<\/span><\/a><span style=\"font-weight: 400;\"> usually charges between $15 and $50 per month for owning a pet. Cost varies greatly depending on location, the number of animals and the type of pet. Imagine paying this on top of a rent increase. Your<\/span><a href=\"https:\/\/www.rent.com\/blog\/best-budgeting-apps-for-renters\/\"> <span style=\"font-weight: 400;\">budget<\/span><\/a><span style=\"font-weight: 400;\"> already takes a hit having this extra fee, but can you afford it if your rent gets raised?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The best strategy may be to wait until you own a home or can easily afford pet fees, no matter if rent goes up a little bit each year.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">4. Extend your lease in your current apartment<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-443670\" src=\"https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/moving_pexels-karolina-grabowska-4506270.jpg\" alt=\"moving\" width=\"1200\" height=\"800\" srcset=\"https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/moving_pexels-karolina-grabowska-4506270.jpg 1200w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/moving_pexels-karolina-grabowska-4506270-300x200.jpg 300w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/moving_pexels-karolina-grabowska-4506270-1024x683.jpg 1024w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/moving_pexels-karolina-grabowska-4506270-768x512.jpg 768w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/moving_pexels-karolina-grabowska-4506270-672x448.jpg 672w, https:\/\/www.rent.com\/blog\/wp-content\/uploads\/2020\/11\/moving_pexels-karolina-grabowska-4506270-1080x720.jpg 1080w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Asking for a <\/span><a href=\"https:\/\/www.rent.com\/blog\/how-to-request-an-extension-on-your-lease-end-date\/\"><span style=\"font-weight: 400;\">lease extension<\/span><\/a><span style=\"font-weight: 400;\"> is another way to save money and potentially avoid a rent increase.<\/span><\/p>\n<p><a href=\"https:\/\/www.rent.com\/blog\/how-much-do-movers-cost\/\"><span style=\"font-weight: 400;\">Moving expenses<\/span><\/a><span style=\"font-weight: 400;\"> can add up fast, and the cost of the entire process is often underestimated. Not only that, but moving requires payment upfront. Unlike a rent increase, you&#8217;re not paying a little bit over time. When you total up the extra money you&#8217;ll pay because of a rent increase, you might spend less staying put than forking over the cash to move.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Not only that, but signing a new lease, in a new place, means paying first and last month&#8217;s rent, a security deposit and other upfront fees. You may not have the money to cover all that. Instead, restructure your budget to afford a slight rent increase, if it&#8217;s reasonable.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">5. Don&#8217;t ask for apartment upgrades<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Is the oven in your apartment older than you? You may really want to ask your property manager for an upgrade, but who do you think pays for that? A property manager may raise the rent to cover the cost of new appliances. Even if you&#8217;re not asking for an upgrade, when your property manager offers one, don&#8217;t automatically think it&#8217;s a freebie. Ask if it comes with an increase in your rent. If it does, hold out if what you&#8217;ve got works fine.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, if there&#8217;s a simple maintenance issue, like a clogged toilet or even a broken window, consider fixing it yourself if your lease allows, just don&#8217;t forget to report it. Every small issue costs someone money, and you don&#8217;t want that coming back to you through increased rent. At the same time, you want your property manager to know you&#8217;re making a small repair. That way, if it leads to a more expensive issue, you&#8217;re not responsible for that, too.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Why do landlords increase rent every year?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The fact that there&#8217;s a standard rent increase means it&#8217;s pretty common for rent to go up each year. Often ,rents increase because other costs of maintaining the property go up. Charging more for rent is part of a ripple effect in the need to cover higher expenses. A small rent increase means your property manager is covering for the additional costs on their end. A big rent increase may meanthey&#8217;re trying to take advantage.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Rent increases may also happen because the property manager is trying to cover the cost of improvements in the apartment. Maybe they had to put in a new appliance over the last year or make a major repair. Maybe they&#8217;re anticipating higher costs when you move out to replace carpet or paint. These issues can also impact rent prices.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sometimes you&#8217;re battling a rent increase you have no control over, but other times you may have a bargaining chip. It doesn&#8217;t hurt to ask why rent is going up, and then have a discussion about how to prevent it.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What should you do if your rent increases?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If your rent does increase, the first thing you should do is check your local laws to make sure the increase is allowed. The landlord must give you at least 30 days notice before hiking rent prices. Don\u2019t be afraid to talk about it with your landlord. As we mentioned earlier, they may be willing to compromise.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Rent increases aren\u2019t inevitable<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">For seasoned renters, it&#8217;s understood that a<\/span><a href=\"https:\/\/www.rent.com\/blog\/how-to-respond-to-a-rent-increase\/\"> <span style=\"font-weight: 400;\">rent increase<\/span><\/a><span style=\"font-weight: 400;\"> is a normal part of the housing market. It&#8217;s often worthwhile to go with the flow if you love your apartment, and the increase, each year, is small.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if you feel like what your property manager is asking is too much, don&#8217;t hesitate to talk it through with them. Maybe you can avoid a rent increase, or get it to a more reasonable place. Most property managers don&#8217;t want to lose good tenants, so use that to your advantage to figure out how to avoid a rent increase.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s not always possible, but there are a few ways to avoid a rent increase.<\/p>\n","protected":false},"author":234,"featured_media":443673,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[840],"tags":[],"topics":[19858],"renters":[],"cities":[],"propertymanagement":[],"class_list":["post-5931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all","topics-money"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.5 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How to Avoid a Rent Increase | Rent. 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