Decide and Negotiate Lease Renewal Terms

Cost Savings

Checklist Tasks

• Request a written renewal offer detailing rent and new policy changes.
• Research nearby rental rates to prepare for negotiation.
• Calculate the total costs for renewing versus moving out.
• Review your lease for auto-renewal clauses or critical deadlines.
• Note past maintenance or amenity issues to negotiate concessions.
• List your unit improvements to strengthen case for lower increases.
• Request non-rent incentives such as free parking or upgraded appliances.
• Negotiate for caps on future rent hikes or a longer fixed-rate term.
• Get all agreed terms and changes in writing from your landlord.
• Clarify available renewal incentives or referral bonuses.
• Assess landlord’s responsiveness and reputation before committing.
• Set a reminder for the deadline and confirm receipt of your decision.