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Are rents changing?


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My son and his wife were looking for an apartment this week. They looked at several places. Rent ranging from $1400-1700 online. Each place in person started negotiating the amount. The apt they like settled on a 1 yrs lease at $1k a month. It was listed for $1,700. What is happening? Is it that hard to find good tenants?

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3 minutes ago, SLopez said:

I price all mine as affordable as possible until covid is on the way out

My units are full , rent fast when vacant, and I don’t negotiate. If the units are priced right for the location and market comps, no negotiation should be needed.

So that's why I'm shocked this person negotiatied so much for my kids.

Edited by LynnSmith
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