Also, pay attention during your tour. in Journalism. How you come off when you meet your landlord is just as important in this process as doing your research and feeling out a landlord's likelihood to bargain. Maybe the landlord won’t budge on the rent, but the appliances are due for an upgrade and you get a new refrigerator or cooktop out of the conversation. Fresh takes on the news and trends affecting renters sent to your inbox once a week. Answered January 12, 2018 - Assistant Manager (Current Employee) - Midland, TX . There are blooming spring flowers, more hours of sunlight, and lots of families with school-age children who want to finish up the school year and be settled in their new home for the summer. Plus, in cold-weather climates, the heat has to be kept on to avoid pipes from freezing. What you don’t know is why. The secret to getting a discount on your apartment rent is to properly prepare for the conversation. Riefflin says that if a building has more than one vacancy, you will have more power if you negotiate for a unit that’s less desirable ― say, one that’s located on a lower floor or has a less-convenient layout. I honestly only have $300 a month to spare for rent. If there are some scuff marks on the wall, or a curtain … Cities Near Chicago. If it's higher than average, you could have some wiggle room. (You also need to be okay with getting turned down.) Apartments.com is the online site to your perfect rental unit. Not everyone can afford to do this, obviously, but offering a lump sum up front often can result in a discount. From October-February, when inclement weather is at its highest, fewer people are searching for a new place to live. Cast a wide net to find an apartment While most people don’t have the time to look at every apartment in the city, viewing a good sample can help you find a good deal. The more appealing you look as a possible renter, the more likely your landlord will try to get you in the apartment. Maintenance and expenses keep coming, even if rent payments temporarily cease. You’re a known quantity, and keeping you happy ― and living there ― often results in a bigger profit than having to find and screen a replacement. One popular way to get tenants to pay on time is the “good tenant” discount. But, unfortunately, there’s a catch. SEO. Offer to help with maintenance or do your own small repairs. Your landlord might want you to believe there’s no room to negotiate your apartment lease, but that’s just not the case. Simply speak with your … Is your unit already below the average? Downvote. Seems like a win-win. You could also offer to cover or do small repairs yourself in order to relieve your landlord of some maintenance costs. While asking about the unit, the building and amenities, throw in a few questions that help you gauge how willing your possible landlord is to talk dollars when it comes to rent. Official Cheap Senior Chicago Apartments for rent from $400 . The important thing is to go into your negotiation with examples of similar rental properties with lower monthly costs. Knowing everything there is to know about the building you want to live in will give you a leg up in negotiations. Upvote. Edit Final note; If you have a years rent in hand and you have the ability to pay the monthly rent. Also, keep in mind that you could score a bonus for referring a friend to the complex that you’re moving into. It’s a bird in hand situation, and you can tweet. Vacant apartments are the stuff of landlords’ nightmares. Typically, the guidelines for discounted market rent are that the prices should be between 50% and 60% of the full market rents, including all additional charges like service charge (if one is charged). We used several sources when we were hunting for apartments. Heck, even Starbucks gives you the occasional free drink for not taking your business to Peet’s. Another option is to offer paying a slightly higher security deposit, just to demonstrate you're committed to staying in the apartment for the full term of your lease. It's best to have these conversations directly with your landlord, who is more likely to be flexible when it comes to rent and hearing your persuasive arguments for lowering costs than a large management company would. Husband, two young children, three cats and assorted fish, consider giving a little incentive in return Cheap! Paid your rent on your current unit they have for a new place to live should new tenants be a! 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