Post # 1
I am curious how often your rent is increased for you long term renting bees?
We have lived at our current location for three years now and they are adding on a $25.00/month increase. They tried to do it last year but my DH talked them out it by mentioning that we were paying for the wedding and needed to save and thankfully the management company dropped the issue considering as we are amazing tenants. This year with the renewal they have once again suggested the minor increase.
I don’t really see it as out of the ordinary but I’m curious what other bees have experienced.
Post # 3
Ours went up $20 bucks a month this year (2nd year living there). Its so small that we don’t worry about it.
Post # 4
i’ve renewed my lease twice and they haven’t charged us anything more. but we’re under new management now, so i suspect that next june there will be an increase! siiigh
Post # 5
Our lease is up in December so I’m not sure what the increase will be. We got our apartment at a special price plus an additional $35 for our dog. I’m crossing my fingers that it only goes up $20-$25
Post # 6
Last year our rent went up about $125 more/month, plus parking went up $25 more/month. It was with a large property management company, no negotiations permitted (jerks).
My sister just renewed her lease last month for about $75 more/month and another friend just got her new lease terms last week, hers will only go up about $25 more/month.
I feel like people are flooding the rental market around here, lots of folks got rid of their homes and started renting.
Post # 7
Mine normally goes up $10-15/yr. I think it’s pretty normal due to increased cost of living, maintanence, property taxes, etc
Post # 8
Our rent went up by $12 this year. It will be our second year here, and we’ll probably be here for a third as well.
Post # 9
I know that my DH won’t be thrilled but a $25.00 increase in three years isn’t too shabby compared to what some of you have had to endure.
Post # 10
- Wedding: March 2012 - Pelican Grand Beach Resort
I once had my rent go up by $105 a month and the only way out of that would be to move so we had to deal with it. Other than that one year though at that one place, I’m used to seeing rent go up every 2 or 3 years by $40 or $50. $25 doesn’t seem that bad since rental rates are at an high right now with the increased demand from people leaving home ownership for renting or delaying home ownership.
Post # 11
Ours went up $20 last year and we just resigned for year 3. We have friends who live in a Post property (apartment chain) and their rent went up around $150 last year. That’s insane and made my fiance and I feel pretty good about our increase.
Post # 12
No increase. Our rental company doesn’t increase rent to current tenants, only new ones who come in after the increase.
Post # 13
Before FI and I moved to a bigger apartment, they raised the rent on my 1 bedroom by $150 or so and that was if I signed a 15 month lease… if I did any other lease terms the increase was much more. All i all, still a good deal though… I kind of hate the housing market here…
Post # 14
Wow I wouldn’t be able to afford our place for very long if rent went up by $100 bucks each year.
Post # 15
I left my last apartment because they were going to raise my rent from $540 to $785. It wasn’t even close to worth that kind of money.
Post # 16
We live in Boston and our rent went up $225/month! We were planning to move anyways but even if we weren’t we would have reconsidered. I have no idea how they think that is okay. We heard the realtor speaking with possible new tenents, the new rent was $1850 – we pay $1550.