Rent in going up.

United States
April 26, 2013 2:04pm CST
Yes it is I found out that yesterday! My landlord put a notice in my mailbox that my rent is going up $25.00 starting June 1,2013. This is the first rent increase since I moved in to the apartment I live in! That will be 12 years on June 1st this year! Twenty five bucks is not a big increase per month! I can afford it! If it was going to go up higher I would be pretty bummed out!
4 people like this
11 responses
@sid556 (30973)
• United States
27 Apr 13
Like the others said, you are very fortunate. I live in low income housing and my rent increases all the time here. If the cost of fuel or water goes up, so does my rent. One rent increase in 12 yrs with taxes going up all the time etc is amazing actually.
• United States
30 Apr 13
I am fortune to only have a rent increase in 12 years. I got lucky! Not sure how but I did! I pay my own heat and water. That has never part of my rent. I am the fixed billing plan with heat and with water I get a bill every three months. I thought my rent would of gone up sooner like 2 years ago. That is when the house I live in had insulation put in and other improvements were done.
@lelin1123 (15611)
• Puerto Rico
27 Apr 13
If this is the first rent increase for you in twelve years and its only twenty-five dollars you are a very fortunate person. Usually a persons rent goes up maybe every 2 to 3 years. When I was a landlord we raised the rent maybe twice in eleven years and also only 25 dollars. That was only because it was my brother-in-law. If it was a stranger I know we would have most likely raised it every other year at the same amount.
• United States
30 Apr 13
I have been lucky! At least where I live and the cost of my rent! I never signed a lease. I am a person who likes to stay put! I would go nuts if I had to move all the time! I also hope my next rent increase doesn't happen for another 12 years! LOL!
@celticeagle (137309)
• Boise, Idaho
27 Apr 13
That is rather nice that you haven't had a rental increase in so long. And only $25 is nice also. You are lucky. Ours gets changed annually. Usually not much but it is ruled by HUD and we are in a housing complex.
• United States
26 Apr 13
That is a fairly minor increase. We are currently renting. However, I am not one who likes renting. I find it to be a waste of my money--even more so in this area than some others I've been in. My goal is for us to buy a piece of land and build. I want to have solar panels, a wood stove and some other features to limit the resources we need to use. Given how much we spend in rent and utilities here, the place should pay for itself within 3-4 years' time.
• United States
30 Apr 13
I have never wanted and never will buy a house or build a house. That is never been a goal of mine. I don't want the worry about the upkeep and property taxes. It would be more of a pain in the azz then renting is. At least for me it would.
@MaryLynn321 (2680)
• United States
26 Apr 13
That is great that you landlord notified you in plenty of time so that you can make sure you have it in your budget. Glad to hear that is was only $25.
• United States
30 Apr 13
I am glad my landlord give me enough time and raised it only $25.00. If it would of been $50.00 or more then it would of been a big worry! I would have a hard time paying that much more! I thought my rent would of gone up sooner since 2 years ago he had up dates done on my apartment and all the ones he owns.
• China
28 Apr 13
Now that The rent has not gone up for 12 years,how come the landlord suddenly increased it? Is it due to a rise in the value of real estate there ?
@lilybug (21133)
• United States
27 Apr 13
$25 is not a bad rent increase. Especially if that is the only increase you have had in the almost 12 years you have been living there. I just hope that it is not just the beginning of the rent increases. Holding off on increasing the rent this long I wonder if it will start to happen annually now. *fingers crossed that this is the only one you get*
@aabuda (1722)
• Philippines
26 Apr 13
Wow. Although you can afford it but I think the very main solution in order for you to have a very rewarding point is to have your very own unit such as looking for a subdivision unit wherein units can become your own.
• Philippines
27 Apr 13
Fair enough, considering it takes 12 years before increasing the rent. Most likely it would take another 12 years before the next increase, hopefully. :D
@emily7339 (1338)
• Malaysia
27 Apr 13
You have a good landlord for only increase your rent by $25.00 after a period of 12 years ! Usually our landlord here will adjust the rent after two or three years contract. So, your rate of increase is not a big sum
@RebeccasFarm (74457)
• United States
27 Apr 13
I am sorry to hear of it Blue. Any more money we have to pay out is bad. I suppose after 12 yrs though, it seems he has tried to not increase the rent.