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I have lived in a few different states but when I moved to CA that was the first time I saw that rent could fluctuate so much like you say from day to day. Or even it can fluctuate on move in date so lets say you want to move in on the 20th your monthly rent may be cheaper to move in the 18.
Most apartments do have increase after the initial year. In CA that happened to me but I negotiated the increase so it did not happen.
It's not just the company involved, either. Last year I looked at 3 different complexes owned by same company. One out of the three operated on this "day-to-day" pricing thing. I don't get the idea, either. Stupid if you ask me, but of course no-one has, lol.
If enough people offered less than the asking price and stick to it the prices would come down...Just like a bad car deal...learn to walk away from it.....
If enough people offered less than the asking price and stick to it the prices would come down...Just like a bad car deal...learn to walk away from it.....
In CA though it can be an issue to find a place that is somewhat affordable and nice. They get snapped up very quick the good ones that have a deal especially.
In CA though it can be an issue to find a place that is somewhat affordable and nice. They get snapped up very quick the good ones that have a deal especially.
So true. I just snatched up my new apartment when the rate was reasonable the other day, no additional deal or discount. It's in an upscale area and it's not a super fancy place (I've lived there before) but it's certainly not a dump.. it's also clean and quiet and very safe. When I applied, I was up against 3 others who were in the process of applying for the same unit. One's credit did not check out, and the others had not paid to "hold" the unit so it went to me because I was the first to pass the income/credit check and put deposits down to take it off the market. The 1bed/1baths go especially fast and there's always people after them. There's no way you can just "walk away" in CA, when you find a good place at a semi-reasonable rate, you have to take it or you're screwed.
My last place went from $1575 to $1630 at renewal (not bad).. but then the next year, it shot up to $1780 I moved.
Wow! That is a lot. My renewal is coming up and the rent will be increased by $33.00. I am not happy about it but at least it includes utilities. I am concerned that it may go up again because I've decided to live month to month. I will explore moving but what I see on craigslist is not encouraging. Nice areas are expensive regardless of where you live.
I do not think so. I called a rental office and I was quoted one rate. She calls me a couple of weeks later to tell me they have availability and quoted a rate $200 higher for the same floor plan. I asked why is the rent so high. She advised the rate changes daily. Fortunately, my apartment complex does not function that way. The rates change annually not monthly.
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