Succeeding in finding a rental that you would love to live in is one of the most wonderful feelings ever. But when your landlord raises the rent for your beloved home without a warning? Not so much.

An increase in the rent can be enforced by your landlord for a variety of reasons, including adjusting to market rates or neighborhood developments or even increasing the rent to accommodate issues such as renovations to the units, maintenance costs, or higher property taxes.

Even if your landlord has a valid reason for imposing this problem on you, it still doesn’t make it a pleasant thing to have to deal with. As a tenant, indeed, it is annoying to have to understand this new rise in rent. Let’s be honest, who wants to deal with the hassles of contacting a moving company again?

So, we have some good news and some bad news here for you. The bad news is that in high-demand towns and cities, abrupt hikes in rent are fairly common. The good news, on the other hand? You can negotiate the rise and hold the rent steady for at least another lease period, in some situations, or at least reduce the bump’s sum.

Tips for Negotiating a Rent Increase

If you’re facing a raise in the rent and it’s going to take a giant chunk out of your salary or you can’t bear the extra expense for any other reason, there are a few moves you can try to negotiate with your landlord. However, don’t forget that your landlord has no duty to make any amendments to the rent as long as the rise is lawfully occurring.

On the other hand, if you have a good relationship with them and have been a responsible tenant for a while now, you can either get them to lower the hike or avoid the rise altogether.

Below we have summarized some things you need to know about rises in rents, so keep reading for some negotiation tips and (perhaps) the reduction of this additional burden:

Start by Doing Some Research

We cannot emphasize the importance of knowing the market prices enough. So put a hold on hastily calling the moving company again, and try to find out if the raised rent your landlord is trying to impose is in line with other rents in your district. You shouldn’t have to pay more than what the market requires if you’re going to get the same thing at the end of the day.

Check out other places for rent in your immediate neighborhood. See if the imposed rent increase is so extreme that your landlord will have a hard time finding someone else willing to pay it. If the rent increase is really unaffordable and out-of-hand, you have a better chance of succeeding at negotiations.

Communicate With Your Landlord

Once you have a few good points about the injustices of having to pay the increased rent, you’ll know you’re on the right path. Now it’s time to actually sit down and talk to your landlord, and convince them that you’re worthy of keeping as a tenant.

Use this meeting to respectfully and calmly remind your landlord of all the times you’ve paid the rent on time and all the extra work you’ve put in to maintain your apartment and make it a real home. Express to them that you’d love to continue living there and that you’re actually committed to them, and the house.

Communicating with your landlord will remind them that you’re more than just the check you right every month and that you’re faithful and dedicated.

Offer a Compromise

Another tactic you can use here is to offer to sign a two-year lease. This will make your landlord see how much you care for the place and the relationship with them, and they’ll maybe soften up to you!

The good thing about offering something like this when asking for something is that if you sign a long-term lease, it offers your landlord a lot of benefits like the reliability of continued tenancy, and the peace of mind that comes knowing that there will be no vacancies for a couple of years.

So, there you have it, folks – everything you need to know about getting your landlord to not make you pay increased rents.

Happy negotiating!

Published: 2021-07-23 13:13:02