Are you attempting to move, but are wary because of the cost of rent?
With monthly payments at the highest price they have been in 30 years, you are not alone.
Rent is climbing every month, but that does not mean finding an affordable rental is impossible. Here are some tips on how to pay less when looking for an place to rent.
Offer to Pay Early
Late payments can end up costing you more with late fees. Offering to pay early gives a landlord incentive to lower the rent during negotiations. Ask your potential landlord if they are willing to write a trigger clause into the lease contract that if you fail to pay the rent early you get a $100 discount.
Offer to Work as a Property Manager
Landlords usually have full-time jobs. Doing some cleanup and maintenance around the apartment complex can get you a decent reduction.
Get a Roommate
One of the best ways to get a large discount is by splitting it with someone else. As rents have risen over the last decade, more people have joined up as roommates.
If the place you want is out of your budget, ask your landlord if they have any other units available. Sometimes they may have a smaller unit that they are not as aggressively advertising because its less money for them .and if you are already in negotiation with them, it will help them retain you as a tenant.
Time your apartment search right
Avoid moving in the summer. From May to October is when most people are searching for apartments and rentals. landlords are a lot less likely to give you a break if they have tons of other options..You have more leverage when they are desperate to get the vacancy filled.
Offer to pay first and last months rent, and security deposit, all up front.
It may cost you more, but since cash is king, and more of it is better you may be able to use it as a negotiating tactic to get the place you want for a cheaper price.
Be ready to move right away.
When a landlord has a vacancy they can sometimes be eager to get it filled. If that is the case you can use this point to help you get lower rent. Less is better than nothing.
…and when find a new place to call home, give 1st Step Movers a call and we will get you there stress free.