Post # 17
Ours just went up $100 for the next year (we’ve been there one year already) from $1500 to $1600/month. We tried to negotiate it down a bit before renewing, but they wouldn’t budge. It’s in a pretty trendy area, so I think they were just increasing due to demand – if we left they could probably fill our spot pretty quickly!
Post # 18
@MrsPinkPeony: I would mention your research when you approach your landlord. In fact, you can pretty much say what you just wrote:
“I’ve been researching other rentals in the area, and it seems like we’re currently paying a fair market price for the apartment. Are you willing to negotiate on the increase? We’ve been good tenants and would like to stay in the building, but we’re only comfortable paying $XX.”