Negotiate rent at renewal with listings, not feelings.

Rent renewals often include increases that don't reflect the local market.

Accept the new figure.

A month before renewal, gather 3–5 comparable listings in your building or street. Politely propose a figure based on them and your track record as a tenant.

1. STEP 1Collect comparable listings a month early.
2. STEP 2Note your payment history and tenure.
3. STEP 3Propose a fair figure in writing.
4. STEP 4Be prepared to accept a smaller reduction or non-price terms.

You’ll need: A good tenancy record

• ✓Market rents are flat or falling in your area.

• ✗Your rent is already below market.

• !No guarantee. Depends on the landlord and local demand.
• !Stay polite. Threatening to leave when you can't is a bad position.