A renewal notice is a decision, not a formality. Before you sign, compare what you would pay and what you would get against your other options.
Calculate the true increase
Look past base rent. Add any changes to fees for pets, parking, trash, amenities or utilities to find the real monthly difference.
Reinspect the unit
List any repairs that are still unresolved. A renewal is a good time to ask for them to be completed, in writing, as part of the new lease.
Compare every term
- Lease length and early-termination terms
- Notice period for moving out
- Pet, guest and parking rules
- Renewal incentives or concessions
Ask the honest question
Would you choose this unit today, at this price, if you were starting your search? If the answer is no, use the time before your deadline to compare options.
Use the Renewal Audit to compare your current lease with the renewal offer.