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Old 04-01-2013, 11:54 AM   #1
 
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Default Renters, how often does your landlord raise your rent?

When I went to sign my rental agreement for my new place the landlord said, "I don't raise my rent on my tenants."
Later I said to my sister, "I think it's so cool that he says he doesn't raise his rent on his tenants."
My sister (now a homeowner) said, "I've never had landlords that raised their rent."
I said, "I've ONLY had landlords who raised their rent!"

Now I'm wondering about other folks. Every landlord I've had (but one) has raised my rent every year by about $50. My current landlord went up $100 this year and $100 last year.
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Old 04-01-2013, 11:57 AM   #2
 
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When I lived in an apartment, my rent was raised every time my lease was up!! It was very frustrating to me because I felt like I was a really good customer! ALWAYS paid my rent on time, kept my apartment very clean...didn't tear stuff up!!
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Old 04-01-2013, 12:02 PM   #3
 
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Mines never gone up. It went down by £50 a month because I was thinking of moving out to a place exactly the same but cheaper.
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Old 04-01-2013, 12:05 PM   #4
 
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i have only rented from two places. one was an english apartment in dc. rent wasnt raised the two years i was there. the second place is currently a single family home. i odnt know if rent will be increased or if we will even stay and resign a new lease. i have heard of some places raising rent. i have also heard of places that never raise the rent.
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Old 04-01-2013, 12:09 PM   #5
 
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When I rented I had increases. Sometimes every year and other times it might go two years without an increase. But I have never rented anywhere where it never went up.

I don't know how a landlord could never raise the rent. Taxes go up, costs of repairs go up, if they are paying for the oil-that goes up. I totally understand why rents would also go up.
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Old 04-01-2013, 12:12 PM   #6
 
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My mom lived in a duplex from the summer between my sophomore and junior years of high school, through when I was in college and a couple years after that. Rent didn't go up on her until the last year when the woman who had owned/lived in the other half sold it. Even then the increase was not huge. She ended up buying a place at about the same monthly cost as her rental that year.
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Old 04-01-2013, 12:14 PM   #7
 
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I'm a landlord; I raise it whenever I'm allowed to on my section 8 houses (rarely) and have never raised it on my market rate houses while a tenant was still there. I probably would if they had been there 5 yrs or if I wanted to get rid of them.
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Old 04-01-2013, 12:17 PM   #8
 
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Never. I've also never renewed a lease.

Well, my last landlady would raise the rent if you had a pet, sometimes . . . She threatened to raise it all the time because of stupid stuff that she blamed on tenants, like problems caused her negligence, and non-renters using the dumpster.
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Old 04-01-2013, 12:40 PM   #9
 
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I've never heard of a landlord that never raised their rent. How do they pay for property tax increases, increases for repairs, etc?

My apartment is rent stabilized which means that a board is allowed to increase the rent only by a certain amount. It varies every year, but it's often by 2%-6% depending on if you have a one or two year lease. I usually only do two year leases as renewing it every single year can be a pain. My rent just increased last month by around 4%-so an additional $40.
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Old 04-01-2013, 12:45 PM   #10
 
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It was always annual when I lived in an apartment.
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Old 04-01-2013, 12:47 PM   #11
 
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Quote:
Originally Posted by xcptnl View Post
I don't know how a landlord could never raise the rent. Taxes go up, costs of repairs go up, if they are paying for the oil-that goes up. I totally understand why rents would also go up.
I was hanging out with a bunch of peeps in the town center the other day and someone said that and the old guy who is a landlord that was hanging with us said, "I've always eaten that. I don't pass it on to my tenants."
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Old 04-01-2013, 12:49 PM   #12
 
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In CT the lease on the house we rented stated it would go up a certain % each year so at least we knew what to expect. In that situation our landlord only rented the one house and had no other properties.

The house we're currently renting in CA, we've been here two years and the rent hasn't increased nor has there been any mention of it going up. I think it's because we have super nice landlords who actually offer to give us things that make the place nicer (like the pergola they paid for, mulch and any yard upkeep items we think are needed, etc.) and they're happy we keep the place nice. Of course if it were raised I'd understand since they have taxes to pay on the property. They're so good to us I can't imagine living anywhere else while we're here. In this situation our landlord has several other properties and from what I gather they're all paid for long ago. The lease we signed was pretty detailed about certain things, but there was no mention of rent increase.
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Old 04-01-2013, 12:51 PM   #13
 
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I lived one place where they raised it whenever your lease was ending.

That was 2006-2008. Otherwise I've never had to worry about increased rent. My current place (which I love) was just sold to a new management company. I have a year lease and I'm on the 5th month. When I asked if they planned to increase the rent, they were very elusive. I may have to find a new place because I'm already near my budget limit on rent.
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Old 04-01-2013, 12:51 PM   #14
 
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Springcurl and ???????

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Old 04-01-2013, 12:55 PM   #15
 
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Way back when I rented, I rarely had my rent raised. Usually the landlords would tell me if I signed another lease, they wouldn't raise my rent, but they'd raise it $50-$100 if I went month to month. My husband rents an apartment in the city where he works and he's had his rent raised several times over the past 3.5 years. I think it's a total of $150/month more now, and that's with signing new leases. It would be $100 more/month if he went month to month.

When we were landlords, we never raised rent on our tenants. It was so much cheaper to keep a good tenant who paid their rent on time than raise their rent $50 and risk them moving. Getting new tenants is expensive! However, we didn't do section 8. If we did, we would have done what SL said.

I've heard that if you live in a place with rent control (we don't), you can pretty much count on rent going up the max that's allowed every year.
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Old 04-01-2013, 01:00 PM   #16
 
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Quote:
Originally Posted by Springcurl View Post
Quote:
Originally Posted by xcptnl View Post
I don't know how a landlord could never raise the rent. Taxes go up, costs of repairs go up, if they are paying for the oil-that goes up. I totally understand why rents would also go up.
I was hanging out with a bunch of peeps in the town center the other day and someone said that and the old guy who is a landlord that was hanging with us said, "I've always eaten that. I don't pass it on to my tenants."
It just really depends on how much those things are. Since all that stuff is tax deductible, a lot of times it's not worth it to raise rent and risk losing a good tenant. Finding a new tenant means painting, cleaning, cleaning (or replacing) carpet, etc. You also risk the apartment sitting empty for a month or more. It would take many months to make up that $50/month you want to raise the rent by.
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Old 04-01-2013, 01:12 PM   #17
 
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Quote:
Originally Posted by Springcurl View Post
Quote:
Originally Posted by xcptnl View Post
I don't know how a landlord could never raise the rent. Taxes go up, costs of repairs go up, if they are paying for the oil-that goes up. I totally understand why rents would also go up.
I was hanging out with a bunch of peeps in the town center the other day and someone said that and the old guy who is a landlord that was hanging with us said, "I've always eaten that. I don't pass it on to my tenants."

What others said about losing a good tenant for $50 makes sense. But I cannot imagine being a landlord and eating any of my increase for taxes etc if I had substantial increases. That just does not make good business sense (to me )

My last landlord was a friend and heat was included-I hate my house hot. He was so happy he didn't raise my rent for years because I think his heating bill went down when I moved in Even when he did raise it I was still paying little $.
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Old 04-01-2013, 01:13 PM   #18
 
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When I've lived in large apartment buildings, or apartments they were really managed well, they rent went up every year, usually by around $50. I also lived in 2 different apartments that were a GREAT value, but weren't exactly the type of place you'd call and complain about stuff...I'd say they were more "mom and pop" type of management. Neither of those ever raised the rent on me, for a few years.
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Old 04-01-2013, 01:25 PM   #19
 
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Every year, when the lease had to be renewed.
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Old 04-01-2013, 01:28 PM   #20
 
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Quote:
Originally Posted by Who Me? View Post
When I've lived in large apartment buildings, or apartments they were really managed well, they rent went up every year, usually by around $50. I also lived in 2 different apartments that were a GREAT value, but weren't exactly the type of place you'd call and complain about stuff...I'd say they were more "mom and pop" type of management. Neither of those ever raised the rent on me, for a few years.


This was my experience. When I lived in commercial garden apartment types of places, my rent went up each time the lease expired. When I lived in apartments within small homes, the rent stayed the same. When I rented houses, the rent stayed the same.
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