https://blog.openigloo.com/3-email-templates-for-when-you-want-to-negotiate-your-rent/ As median rents in NYC continue to rise, renters are left weighing the costs of moving or renewing. For the past few months, New Yorkers (especially in Manhattan) have experienced record lease renewals – sometimes upward of 50%. In June, rent increases on lease renewals for market-rate apartments averaged 13.8%. While 50%+ increases are slowing down, rent increases on renewals are still triple what they were during the same period last year.<br>Renters have been sharing details of their rental experiences and their renewals on openigloo. Many renters have reached out to us asking whether they should move or renew. Our advice is to research the rent prices in their neighborhood and see what others are quoted. For example, in Brooklyn the average June renewal was anincrease of 11%. This figure can act as a benchmark for those negotiating their rents. For those that decide to move, we encourage renters to research their prospective landlords to see what kind of rent increases they can expect to see. Mon, 06 Oct 2025 15:32:10 +0000 hourly 1 https://blog.openigloo.com/3-email-templates-for-when-you-want-to-negotiate-your-rent/comment-page-1/#comment-1017 Thu, 24 Oct 2024 13:57:13 +0000 https://blog.openigloo.com/?p=695#comment-1017 […] on how to negotiate with your landlord. If you are looking for info or guidance on lease breaks, rent negotiation, rent-stabilization rules, Good Cause Eviction, security deposit rules, broker fees and more, be […]

]]> https://blog.openigloo.com/3-email-templates-for-when-you-want-to-negotiate-your-rent/comment-page-1/#comment-331 Wed, 09 Aug 2023 19:47:51 +0000 https://blog.openigloo.com/?p=695#comment-331 […] to bring some reprise. Sub-5% rent increases are still prevalent, with 75% of renters reporting renewals in this range. Increases in Brooklyn slightly outpaced those in Manhattan. The neighborhoods with […]

]]> https://blog.openigloo.com/3-email-templates-for-when-you-want-to-negotiate-your-rent/comment-page-1/#comment-314 Mon, 10 Jul 2023 14:56:37 +0000 https://blog.openigloo.com/?p=695#comment-314 […] as summer demand pushed prices higher. While sub-5% rent increases are still prevalent, just 41% of lease renewals were in this range compared to 78% last month. Notably, apartments priced $5-7k per month […]

]]> https://blog.openigloo.com/3-email-templates-for-when-you-want-to-negotiate-your-rent/comment-page-1/#comment-294 Thu, 22 Jun 2023 16:51:14 +0000 https://blog.openigloo.com/?p=695#comment-294 […] as landlords handed out sub-5% rent increases in the majority of cases. Notably, rent increases on lease renewals for apartments priced less than $2500 received the largest increases – around 8%. But why are […]

]]> https://blog.openigloo.com/3-email-templates-for-when-you-want-to-negotiate-your-rent/comment-page-1/#comment-88 Thu, 13 Apr 2023 15:07:34 +0000 https://blog.openigloo.com/?p=695#comment-88 […] Explore more email templates […]

]]> https://blog.openigloo.com/3-email-templates-for-when-you-want-to-negotiate-your-rent/comment-page-1/#comment-85 Thu, 13 Apr 2023 15:02:35 +0000 https://blog.openigloo.com/?p=695#comment-85 […] rent increases on renewals continue to drop below previous year levels, prices are now starting to tick […]

]]> https://blog.openigloo.com/3-email-templates-for-when-you-want-to-negotiate-your-rent/comment-page-1/#comment-43 Mon, 13 Feb 2023 18:02:09 +0000 https://blog.openigloo.com/?p=695#comment-43 […] in Manhattan rent increases, 11.1% vs. 2.4% last month. The neighborhood with the highest reported rent increases was the West Village at […]

]]> https://blog.openigloo.com/3-email-templates-for-when-you-want-to-negotiate-your-rent/comment-page-1/#comment-32 Fri, 23 Dec 2022 18:16:48 +0000 https://blog.openigloo.com/?p=695#comment-32 […] The average November renewal in Brooklyn and Manhattan was a 6% increase, compared to 0% in Queens. Increases in rent renewals have been hovering around 5% since August, indicating that the post-pandemic boom in […]

]]> https://blog.openigloo.com/3-email-templates-for-when-you-want-to-negotiate-your-rent/comment-page-1/#comment-30 Fri, 23 Dec 2022 17:52:04 +0000 https://blog.openigloo.com/?p=695#comment-30 […] October 2022, rent increases on lease renewals for market-rate apartments in NYC were 5.9% compared to 8% a year before. After a […]

]]> https://blog.openigloo.com/3-email-templates-for-when-you-want-to-negotiate-your-rent/comment-page-1/#comment-27 Fri, 23 Dec 2022 17:13:18 +0000 https://blog.openigloo.com/?p=695#comment-27 […] August 2022, rent increases on lease renewals for market-rate apartments in NYC averaged 12.5%. Despite New York lease renewal […]

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