Not exactly, but during the covid pandemic prices dropped and our lease was coming up for renewal and they wanted the standard 2-3% increase anyways. We ask them to lower it and they said corporate doesn’t let them do it. So we gave 2 months notice and waited for our unit to appear on the website and started a new lease. Technically, there was a 2 week period between the leases, but we just bickered with them until they said we could stay, and they even charged us at the new lower lease rate for those 2 weeks. I think we saved like 20% a month compared to our original lease?
I’d assume you usually need to move to benefit from rent drops or at least put in notice that you’re moving out.
Not exactly, but during the covid pandemic prices dropped and our lease was coming up for renewal and they wanted the standard 2-3% increase anyways. We ask them to lower it and they said corporate doesn’t let them do it. So we gave 2 months notice and waited for our unit to appear on the website and started a new lease. Technically, there was a 2 week period between the leases, but we just bickered with them until they said we could stay, and they even charged us at the new lower lease rate for those 2 weeks. I think we saved like 20% a month compared to our original lease?
I’d assume you usually need to move to benefit from rent drops or at least put in notice that you’re moving out.