Tips for negotiating with landlords and property managers

Research the market rate: Know what other units in the area are renting for. That way, you’ll have an idea of what a fair rent should be.

Be prepared to negotiate: Be ready to bargain and make a counteroffer if you think the rental rate is too high.

Know your worth: If you have good credit, a steady income, and impeccable references, use them to your advantage.

Be flexible: Consider trading amenities for a lower rental rate. For example, if the landlord is offering an extra bedroom but you don’t need it, suggest giving up that room in exchange for a lower rent.

Know when to walk away: If negotiations aren’t going your way, don’t be afraid to look elsewhere.

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