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Topic: For those of you who charge monthly fees such as admin, utilities, parking, pet, etc., how many of you are RAISING those fees?

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Lisa Trosien

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Posts: 39

Question Time:
For those of you who charge monthly fees such as admin, utilities, parking, pet, etc., how many of you are RAISING those fees, as well as raising rent when sending out your renewals?
Thank you so much for sharing your information! I appreciate it!

Posted 1 year 11 months ago

Last edit: by Amanda Hill.

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Rachel Donelson-Dugan

No fee increases currently, hopefully we stay that way!

Posted 1 year 11 months ago

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Erin Spriggs

We always recommend to the client bringing recurring charges up to “market” at renewal.
We also evaluate all one time fees at application/move-in quarterly.
It really depends on how your charges compare to your sub market. If they are substantially low by comparison, you should likely increase the rates.

Posted 1 year 11 months ago

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Maggie Scott Kramer

We raised our monthly pet rent from $25 to $30. Our non refundable pet fee went from $250 to $300 . Our renewals are going up 10% . We raised our market rents $50 . We are in Indiana .

Posted 1 year 11 months ago

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Karen Mallinger

We are. We increased our pet rent, and we have a separate charge for WSG, which has also increased. Renewal rents are currently increasing 60% of loss to lease...capped, but still working out what cap makes sense.

Posted 1 year 11 months ago

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Jessica Romero

Have we conducted a study on if having one lump fee monthly is better/worse than the million tiny monthly fees?
Like does it deter ppl from leasing?
I just hate all the nickel and diming.