I've saved nearly $2,000 by negotiating my rent — here's how

Eric Rosenberg

• While many people believe rent prices are set in stone, many landlords are willing to negotiate if you give it a try.
• If you are a good tenant who pays rent on time and has not caused significant damage, landlords may be willing to lower your rent renewal to keep you in the home.
• I learned about negotiating rent from a blog and saved significantly on rent by asking for a lower rate.
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While politicians squabble about unemployment benefits in Washington, millions of Americans who have lost their jobs since the start of COVID-19 are coming close to running out of funds and wondering how they are going to cover the rent. But even if you have a stable job, you would probably be happy with a lower rent payment if that were an option.

Many people don't realize that rent is often negotiable. Unlike prices at major retail chains, you can likely save on rent by simply asking for a lower rate. Here are tips on how it works and how I've saved a small fortune asking for lower rates at three different rentals.See the rest of the story at Business Insider

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