So you really like your place but you’re worried that renewing your lease might mean that your rent will raise – or maybe you want to see if you can lower your rent since you’re a trustworthy renter. Here are some tips on how to negotiate your lease renewal!
1. Show off what a great tenant you are
Note that you haven’t burned the place down, bounced a check, disturbed the neighbors, snuck a pet in, or broken a window.
2. Try to extend your lease.
Guaranteeing that you’ll stick with them might be worth more than an increased rent.
3. Offer money up-front.
4. Come up with some requests. Would you be willing to pay the increased rent if they’d just replace those awful, drafty windows? Or the crumbling grout in your bathroom? What if they agreed to bring an exterminator twice a month instead of once? How about access to the backyard?