Can tenants negotiate for lower rent? - Boston News, Weather, Sports | FOX 25 | MyFoxBoston

Can tenants negotiate for lower rent?

Posted: Updated:
NEW YORK (MYFOXNY) -

 They say everything is negotiable and apparently so is your rent!

Apartment hunters don't have to settle for the terms laid out by a would-be landlord.

Because let's be honest, it’s fair to say that when it comes to paying rent in NYC, its just too high for most people.

But what many tenants don’t know is they can actually negotiate on the rent.

Depending on the market, experts say security deposits, lease length and pets policies can be successfully negotiated.

And in some instances, the amount of the rent itself.

Joe Anuta covers real estate for Crains NY.

Anuta says tenants up for renewal have the best shot with that.

“These landlords are not looking to get people and get this much higher rent because they're not going to be able to.” Anuta said. “You’re going to have a lot more leverage because again if you leave this landlord is faced with that uncertainty again. So you can sorta demand some of these concessions."

And then there are cases like Alexandra Nunez, who says her apartment needs major work done.

“We're in the process of doing that because the apartment has a couple of like things we need to fix. And I think we're paying too much” Nunez said. “Hopefully he'll lower the rent but we're not sure"

Now before you go off trying to get a lower rent make sure you've been model tenant to your landlord... before you negotiate yourself out on the street.

  • Local NewsLocal NewsMore>>

  • Chris Rock gets foul ball at Yankees game

    Chris Rock gets foul ball at Yankees game

    Thursday, August 21 2014 10:03 PM EDT2014-08-22 02:03:11 GMT
    Chris Rock almost made the play of the day at Yankee Stadium. Instead, the comedian wound up with a nice prize -- a foul ball that nearly landed in his lap during Thursday's game between the Houston Astros and New York Yankees.
    Chris Rock almost made the play of the day at Yankee Stadium. Instead, the comedian wound up with a nice prize -- a foul ball that nearly landed in his lap during Thursday's game between the Houston Astros and New York Yankees.
  • Official: NYPD body cameras are 'win-win'

    Official: NYPD body cameras are 'win-win'

    Thursday, August 21 2014 9:02 PM EDT2014-08-22 01:02:35 GMT
    Public Advocate Letitia James says a 3-ounce camera, if used correctly, could be a key tool in improving community and police relations. She showed off one of the cameras she believes NYPD patrol officers need to be wearing. She said that the cameras would be a "win-win" for the public, transparency, police accountability improving police community relations, reducing civil liability.
    Public Advocate Letitia James says a 3-ounce camera, if used correctly, could be a key tool in improving community and police relations. She showed off one of the cameras she believes NYPD patrol officers need to be wearing. She said that the cameras would be a "win-win" for the public, transparency, police accountability improving police community relations, reducing civil liability.
  • Pediatric cancer awareness

    World Trade Center to go gold

    World Trade Center to go gold

    Thursday, August 21 2014 8:48 PM EDT2014-08-22 00:48:12 GMT
    Like so many teenagers, Shelby Huff was hung up on getting abs until one day two years ago when she realized looking good was not as important as feeling good. She was doing sit-ups when suddenly she developed huge bruises on her legs. Shelby was diagnosed with a deadly bone marrow disease.
    Like so many teenagers, Shelby Huff was hung up on getting abs until one day two years ago when she realized looking good was not as important as feeling good. She was doing sit-ups when suddenly she developed huge bruises on her legs. Shelby was diagnosed with a deadly bone marrow disease.
Powered by WorldNow

25 FOX Drive
Dedham, MA 02026

Phone (781) 467-2525

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices