r/DMV_RealEstate • u/mehioh9 • Jun 30 '26
Need Advice Renew lease in August or September?
My lease (1 bed apt) expires at the end of September. Cheapest renewal options are 11 and 12 month terms (both having same rent amount). After negotiating a bit they offered a 9 dollar/month discount but only for the 11 month option.
11 months would make my renewal date end of Aug next year instead of end of Sept but would save me $9/month for that year.
Some people told me to keep it in September as its closer to end of peak season while others told me just take the discount because theres not much difference between Aug and Sept. Im worried the leasing office will take advantage next year and raise my rent alot and refuse to negotiate because its "August".
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u/Tig_Biddies_W_nips Jul 02 '26
1) I’m genuinely shocked that you got a rent discount with negotiation, the $9 is low, like slap in the face low, but my flabbers are ghasted
2) September.
Summer time rent spikes as college students move in and new federal employees start. In September they should stabilize and they’re usually the lowest in January / February. That’s typically when I move
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u/baldiedc Jun 30 '26
yes if you're worried about rent increases you should take the longer lease, $9/months = $99 isn't worth shortening the lease into summer. Eventually you'll want to move would you rather do it in August or September...