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Ask the landlord to reconsider their letter to you. Explain the history of your tenancy to date, which should show that you're a good tenant who has paid rent on time. Include comparisons to rent in the area, if it shows that a rent increase would make your rent too high when compared to similar apartments.
Dear (property manager's name), I wanted to contact you today to ask if we could discuss lowering my rent. I love living here but lately, finances have been difficult and a slight reduction in rent would go a long way in helping. It's important to me to be a good and responsible tenant.
Understand where your landlord's coming from. Your track record matters. Stay calm, and ask politely. Do your research. Talk to your neighbors. Small landlords may be more willing to negotiate. Consider asking for an upgrade. If the rent is raised, ask for a two-year lease.
Tenant's name. Property address. Landlord name and contact information. Date the letter is written. Date the rent increase will take effect. Amount of rent increase. Current cost of rent.
The name of your tenant. The date. The property address. The lease expiration date. The date the rent increase will take effect. The amount of the increase. The current rental amount. Date the new rent will be due.
A typical rent increase is around 3-5% annually.
Remember you're a business. Do your research. Raise the rent all at once or incrementally. Don't negotiate or ask tenants what they think a fair rent increase would be. Be courteous and firm. Find a template you like. Send a formal letter by certified mail. Give the tenant notice.