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Old 05-09-2009, 02:05 AM
3,853 posts, read 11,637,772 times
Reputation: 2509


I've watched the rents on craigslist for a while now. About two years back you couldn't find a 1bedroom for less than 1,300. Now I see several going for 1,000. Same story for 2bedrooms,3bedrooms and so on. Going down across the board.

If you've got your lease renewal coming up try and haggle the price down or if possible relocate to a unit with lower rent. Might save you a couple hundred dollars each month.
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Old 05-10-2009, 06:43 PM
Location: Long Beach, CA
2,072 posts, read 11,054,973 times
Reputation: 1737
I'm also seeing more move-in specials and lower security deposits.
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Old 05-10-2009, 11:38 PM
11,715 posts, read 35,847,715 times
Reputation: 7510
My complex currently has 4 vacant units, more than I've ever seen. This place is cheap too and usually stays full. I need to call and see what they're asking and bargain for a reduction. I'd rather not go through the hassle of moving again but I'd love to knock $100 off my rent too.
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Old 05-11-2009, 08:31 AM
Location: Denver
9,224 posts, read 15,888,053 times
Reputation: 5487
Friends of ours just left OC for Sacramento, their lease was ending and Irvine Co. was going to reduce the rent from 2300 to 2000 a month at Portola Place in Irvine. I think half of the units in their complex were vacant, and started to look like a ghost town.

Last edited by Mach50; 05-11-2009 at 08:52 AM..
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Old 05-11-2009, 10:19 AM
Location: Orange, CA
52 posts, read 93,099 times
Reputation: 21
I live in a gated community in Newport Beach. I have seen allot of rents much cheaper than NB. Hubby and I decided to look around even though my lease is not up until the Fall. We have seen allot of lovely places, gated, garages, tons of ammenities for less than I am paying.

I decided to speak to my leasing agent here and asked him if my rent was going to be going up in the Fall. NOPE, he said, your rent is actually going to go down. He indicated it was not going to be allot (like $30/month) BUT still it is not going UP!
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