(Closed) Renting Bees: Rent Increase?

posted 6 years ago in Money
Post # 3
Member
4352 posts
Honey bee
  • Wedding: August 2013

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
Member
1827 posts
Buzzing bee
  • Wedding: September 2012

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
Member
9482 posts
Buzzing Beekeeper
  • Wedding: October 2012

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
Member
1043 posts
Bumble bee
  • Wedding: November 2012

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
Member
963 posts
Busy bee
  • Wedding: August 2011

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
Member
97 posts
Worker bee
  • Wedding: August 2011

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 # 10
Member
7901 posts
Bumble Beekeeper
  • 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
Member
1021 posts
Bumble bee
  • Wedding: June 2013

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
Member
11233 posts
Sugar Beekeeper
  • Wedding: August 2013

No increase. Our rental company doesn’t increase rent to current tenants, only new ones who come in after the increase.

Post # 13
Member
716 posts
Busy bee
  • Wedding: March 2014

Before Fiance 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
Member
4352 posts
Honey bee
  • Wedding: August 2013

Wow I wouldn’t be able to afford our place for very long if rent went up by $100 bucks each year.

Post # 15
Member
4693 posts
Honey bee
  • Wedding: October 2013

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
Member
663 posts
Busy bee
  • Wedding: August 2012

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.

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