It’s been 30 years since the Fresno market experienced the level of apartment construction going on today, and the builders tried to take advantage of Fresno’s record rent increases and tight housing market. If you are looking Fresno apartments for rent, you should ask for discounts first.
Fresno Apartments For Rent
SOURCE– Are you looking Fresno apartments for rent? Before taking their offer, you should ask for discounts first. The Senior Vice President of the Mogharebi Group, Robin Kane, said that rentals returned to normal and it’s a great time to be a renter. In 2021, the developers planned for 45 projects across Fresno that will bring more than 5,000 units to the city over 3 years, and only about half of those units are slated to come to Fresno.
Since the pandemic, the property managers were able to set a price, and tenants would pay it. Rents increased at double-digit rates. Robin Kane said that tenants should ask for discounts first. However, the landlords may be hesitant to less the monthly rentals, but tenants could get $500 off the first month’s rent.
Landlords want to keep the existing tenants, meaning they should avoid raising rents by the maximum 10% allowed in California. Robin Kane said that tenants should negotiate and don’t take the first offer from landlords.