Can tenants negotiate for lower rent? - FOX 13 News

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>>

  • Trench collapse traps workers

    Trench collapse traps workers

    Thursday, July 31 2014 2:56 PM EDT2014-07-31 18:56:22 GMT
    Two construction workers were rescued from a collapsed trench outside a home in Rye, N.Y. on Thursday.  Firefighters from across Westchester County responded to the scene at 15 Bradford Ave. at about noon.
    Two construction workers were rescued from a collapsed trench outside a home in Rye, N.Y. on Thursday.  Firefighters from across Westchester County responded to the scene at 15 Bradford Ave. at about noon.
  • 5 annoying things about the New York City subway

    5 annoying things about the New York City subway

    Thursday, July 31 2014 2:55 PM EDT2014-07-31 18:55:21 GMT
    Subway problems are annoying, but it’s just a part of living in New York City. Public transportation isn’t glamorous. It’s a pain. It’s a convenience that can cause an inconvenience. Here is a list of five annoying things about the subway system.
    Subway problems are annoying, but it’s just a part of living in New York City. Public transportation isn’t glamorous. It’s a pain. It’s a convenience that can cause an inconvenience. Here is a list of five annoying things about the subway system.
  • Woman plunges to death over cliff in Catskills

    Woman plunges to death over cliff in Catskills

    Thursday, July 31 2014 2:42 PM EDT2014-07-31 18:42:28 GMT
    Authorities say a 23-year-old woman trying to take a picture by the edge of a cliff in the Catskill Mountains died after falling more than 150 feet.
    Authorities say a 23-year-old woman trying to take a picture by the edge of a cliff in the Catskill Mountains died after falling more than 150 feet.
Powered by WorldNow

FOX 13 / WTVT-TV
3213 West Kennedy Blvd.
Tampa, Florida 33609
Main: (813) 876-1313
Newsroom: (813) 870-9630
Fax: (813) 871-3135

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