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Rent NegotiationGood Find

I negotiated my rent DOWN at renewal. Here's exactly what I said.

NegotiatedDownward_CLTSouth Endyesterday

The renewal offer arrived 60 days before my lease ended. $1,890, up from $1,780. That's a 6.2% increase on a unit where nothing has changed and the concession I got at move-in is long gone.

I did not call them. I wrote an email. I want to be specific about this because the email is the whole thing. Here is approximately what I said:

"Thank you for sending my renewal offer. I've reviewed it carefully. I've been a tenant in good standing for 20 months with no late payments and no maintenance-caused damage. I've enjoyed living here and would like to continue.

The proposed rate of $1,890 would represent the fourth rent increase I've absorbed since moving in, bringing my total cost increase to approximately 18% over that period. I understand market conditions have been difficult. I'm asking whether there's flexibility on this offer, and if so, what the adjusted rate could be.

If renewal at the current rate or close to it isn't possible, I'd like to understand the timeline so I can plan accordingly."

They came back in two days with $1,810. I waited 24 hours and replied: "I appreciate the adjustment. I want to stay, and I want to make the decision easy for you. Could we do $1,760?" They said yes. $1,760. Twenty dollars less than what I'm paying now.

What I know for certain: the cost of preparing a unit for a new tenant, running it empty, and running the leasing process is real. I was a known quantity who paid on time. They priced that correctly.

4,231 upvotes4 replies

Replies (4)

RentNegotiator_CLTNoDayesterday

The email tone is everything. Not adversarial, not pleading. Informational and direct. I used almost the same approach last year and got a $95/month reduction on a $1,900 renewal.

1892
GoodTenantDiscountyesterday

The 'cost of turning over a unit' argument is real and underused. A vacant unit + cleaning + new tenant incentives + leasing fees can run $3,000-5,000 easily. You're offering to not make them incur that.

1567
WaitlistMyth_CLT2d ago

They ALWAYS say they have a waitlist. Sometimes true, often a negotiating tactic. The real test is whether the unit sits empty for weeks after you leave.

2341
AlwaysInWritingyesterday

Key detail: doing this by email rather than phone. It gives them time to check with their manager, documents the negotiation, and removes the pressure of a live call where they're more likely to just say no.

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