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Lowering your rent can save you tons of money that you can use for more important things. If you don’t know how to do this, here are tips on how to lower your rent.

1. In order to get a lower rent, you first have to negotiate and talk to your property owner. You also have to research for the prices or all the similar rental apartments; this step is very important especially if you are planning to renew our lease. You can write the owner a formal letter of explaining your full understanding of the current average prices within your area. Do not forget to highlight your clean and excellent record as a tenant. If you have a very clean record, your tenant will most likely be willing to lower your rent or at least offer you better terms.
2. Get a friend to share your room and your rent with you. If your landlord is stubborn about giving you a lower rent, you can ask your friends to share your place with you. This will really help you save a lot of money considering that you both will be sharing the rent, utilities and even the grocery bill. The more roommates you can have, the more money you will save. Just make sure you look for someone who will regularly pay the bills and has great hygiene.
3. Compromise by taking commuting. Apartments or rooms that are near the city or are closer to bus stop and train stations can be more expensive. You will save a lot if you will be willing to walk a block or two from the nearest bus station. You can also find cheaper places if you get an apartment that is a few more blocks farther than the usual.
4. Most landlords are willing ti give a discount if you can help them out with certain things. If you have the time to spare, do some extra work for your landlord and surely he/she will be willing to negotiate the terms with you. It can be as simple as shoveling the off the front door, repainting or refurnishing the cabinets or even do a bit of paperwork for them.
5. You can always ask your friends to refer you to someone who can help you find a cheaper place to live in. You can also make use of the social network to find someone who can help you out. This is especially good if it’s coming from your friend because you ask them questions and maybe they can help you out with getting a lower rent as well.
6. A lot of landlords give bonuses or discounts to their tenants who pay ahead of time. Doing this will also show your landlord that you are less of a risk and this makes it easier for them to cut down on the price of the rent.
7. Work on improving your credit score. Do a credit check and see if your score is high enough. Landlords will give a sense of how responsible you are with your payments if you have a high credit score and a clean credit report. Get a copy of your credit report and check it thoroughly for errors. If there are errors, make sure you file a dispute immediately because those errors can make or break your chances of getting a cheaper price for the place that you want to rent.

Follow these tips and don’t let your rent ruin your budget. These are just a few of the things that you can do to save money from it. The tips mentioned above can help you save hundreds or even thousands of dollars in the long run and the good thing about it is that you will be assured with a place to live in. Don’t forget to pay your bills and your utilities on time and of course, be the best tenant you can be. Do this and you’ll have no problems with your rent, your landlord and your budget from now on.