I'm renting an apartment in Mountain View, CA. My lease will be up for renewal in about 7-8 weeks. My landlord has not sent me a renewal notice yet, and when I called asking about it I was told that they are doing "market research" and will inform me shortly. Rents have been increasing a lot in recent years in the bay area, and my landlord has a reputation for raising the rent year after year.
There are a couple of empty units in our complex. In general, they seem to be very lazy about getting apartments ready for market, and once someone moves out they seem to take about 1.5 month before they are ready to list it online. They generally take at least a month to be taken which is a bit long for the market. The apartments they are currently listing are listed for $100 less than what I have been paying for the previous year. Does this give me any leverage to get my rent lowered for a renewal? How can I effectively negotiate this? Is there any legal requirement for him to lower my rent to match the other apartments he is offering at the time? Should I wait for him to notify me of the future rent, or should I let him know in advance that I am aware that he is offering other units at a lower price?
The landlord is not very honest and I have been unsuccessful in previous negotiations at the time of my move in. I feel like I need a game plan before I start negotiating. The rent at me complex is slightly lower than average for the area and given the crazy housing situation in the bay area I think this give the landlord the confidence to never budge. BTW, the apartments are also very old and below average compared to the nearby complexes that are slightly more expensive.
P.S. I am aware of this question, mine is difference because my lease is ending soon.