The Nest Q&A

Can we negotiate a rental price with our landlord? How will we know if we're getting ripped off?


Rent payments are absolutely negotiable! Just find out what other apartments are going for in the area. It's pretty easy to get this info; just ask a broker or check online listings (try Craigslist or Rent.com). So if a new four-bedroom home is going for $2,500 a month and you've had your sights set on a three-bedroom in the same neighborhood for $3,000, you're being scammed. If you love a place that's a bit pricey, ask the landlord if they'll reduce the rent if you sign a longer lease.