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Has anyone here ever rented an apartment from Autumn River Apartments in N Raleigh?
I currently have a 12 month lease there, with the lease ending in June. I know that it might seem early to start looking for another apartment, but a lot of apartments require a 90 written notice (and without checking my lease, I think that they might).
Well my question is, for anyone that has ever rented from Autumn River, how much did your rent go up when you renewed your lease (what did you originally sign for, and what did it go up to)? Any information on this community or any other community managed by Equity Apartments would be very helpful.
Ask at the office. They might want to cut you a deal to get a renewal.
I know that they are going to...I'm just looking to see how much the rent went up for other people.
I know that they base all this on "market value". The market value on my apartment is any where from $850-$1100. I was lucky to sign the lease when it was $870. I don't want to see the market value on my floor plan be at the $1000 price come June, and the only option I have is to move.
Increases at my apt complex were under 5%. My daughter's place held rent steady when she just renewed last month.
Here's a link to a rating at www.apartmentratings.com indicating large increases at your community. If you got in at a promotional rate, the renewal can be large.
You might try checking current pricing on units similar to yours if community has a website. That would normally be the market rate, from which discounts are are deducted for new residents.
I currently rent from Autumn River. So far, I am very pleased. I have only lived here for a few months though, so I can't help with your original questions... If you have any other questions though, you can PM me.
My wife and I were going to rent from autumn river, but after a few months of checking their rent rates i realized they were all over the map from day to day... i read complaints from a few people that had lived there saying how their rent was raised by several hundred dollars a month.. that scared me away for sure.. their policies seemed kind of sketchy.
My wife and I were going to rent from autumn river, but after a few months of checking their rent rates i realized they were all over the map from day to day... i read complaints from a few people that had lived there saying how their rent was raised by several hundred dollars a month.. that scared me away for sure.. their policies seemed kind of sketchy.
I did notice that their rates tend to be scattered...but that really depends on the floor plan that you are looking for. I know that the floor plan that I have tends to be one of the more "sought after one", and when we were looking we did notice that it went anywhere from $830-$1000(ish) per month, but this is all based on demand, and time of the year. During the summer the prices tend to be higher, I think that's because more people are looking to rent, like college students, people moving in from out of town etc. Autumn River is a great place to live. I have lived there since July and the only complaint that I really have is that the recycling needs to be emptied more frequently. I would love to continue to live there for at least another year (until I buy a house) but like I've said, it's all going to be based on what they try and get me to renew my lease at.
I have read the ratings on that website you are talking about (apartmentratings.com), but I have also talked with people that have lived there for several years before signing my current lease (unfortunately I didn't work up the nerve to ask them what they were paying for rent because I felt like that would have been rude), and it doesn't make sense to think that people would continue to live there if they were going to jack their rent up by that much?? I don't know...I know for sure that I definitely wouldn't stay somewhere where they would do that to me...as much as I hate moving...I would do that before I would pay an extra couple hundred more a month. Aren't we paying enough?? I mean come on!
I'd stop by the office and see if they can give you an estimate although it's early.
You might mention that you enjoy the property but want to begin exploring alternatives if there is likely to be a big jump.
Perhaps they may even offer to renew you early to keep you.
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