TOPIC: Quick Question: What’s the highest rent increase you’ve had to give an existing resident?

Quick Question: What’s the highest rent increase you’ve had to give an existing resident? 3 months 3 weeks ago #48284

Quick Question: What’s the highest rent increase you’ve had to give an existing resident?

Quick Question: What’s the highest rent increase you’ve had to give an existing resident? 3 months 3 weeks ago #48286

$199 was the original offer. Negotiated down to $150
  • Beth Feinberg
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Quick Question: What’s the highest rent increase you’ve had to give an existing resident? 3 months 3 weeks ago #48287

Here lately $318
  • Jessica McMillan
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Quick Question: What’s the highest rent increase you’ve had to give an existing resident? 3 months 3 weeks ago #48288

30% on a takeover with renovation plan
  • Jacklyn Arnest
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Quick Question: What’s the highest rent increase you’ve had to give an existing resident? 3 months 3 weeks ago #48289

Holy moly! We max out at $50 (Alabama suburb)
  • Chelsea Coker
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Quick Question: What’s the highest rent increase you’ve had to give an existing resident? 3 months 3 weeks ago #48290

$247 in 2006 due to proper rental increases not going on over many years. In 2010 I saw many clients in DC applying back 2 months prorated rent on units at $2k plus. So that is like $333.00 minimum. This was on a lease up/ new construction/ high rise not an existing 20 year old community.
  • Myles Waldrop
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Quick Question: What’s the highest rent increase you’ve had to give an existing resident? 3 months 3 weeks ago #48291

I just gave someone a $200 increase on a 2 bedroom.
  • Dimitri Kosta Kritikos
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Quick Question: What’s the highest rent increase you’ve had to give an existing resident? 3 months 3 weeks ago #48292

We are doing $250+ on some renewals right now
  • Shelly Griggs
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Quick Question: What’s the highest rent increase you’ve had to give an existing resident? 3 months 3 weeks ago #48293

5 - 8% however the community where I live is giving up to 18% increases.
  • Gerry Hunt
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Quick Question: What’s the highest rent increase you’ve had to give an existing resident? 3 months 3 weeks ago #48294

$634 is the highest, but the average for August and September expiration is $378
  • Kris Lindsey
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