Look for apartments in the winter
“This is typically a slow season, especially around the holidays,” explains Jason Tonge, a sales partner at Prime Real Estate Group. Renting in the summer brings way more competition and higher prices, so try to get yourself on a winter-rental schedule, if possible. “There will be fewer places on the market; however, there are also fewer people looking to move... so landlords show a little wiggle room to well-qualified tenants.”
Try renting from independent landlords or small management companies
“The size of the management company or landlord determines how much negotiating power you will have,” McFadden says. A private owner would much rather accept a lower monthly rent than absorb months of lost rent from a vacant apartment.
Take advantage of unfavorable building conditions
“Certain [aspects] of the building or the apartment may be an invitation to a negotiation,” explains TripleMint agent Olgierd Minkiewicz. “Anything from garbage and recycling bins outside the bedroom window, a poorly maintained staircase, old appliances, crooked floors, or not-so-perfect water pressure in the bathroom” are windows of opportunity for potential renters to negotiate a lower monthly price.