Yeah, agree with flu here. If you’re only in a 1/1, it can’t be that hard to move. It IS a pain, but this is sorta where longer leases sorta helps the renter as well to keep rents from going up. I’d believe the landlord is probably correct on the rate other people are paying.

Unlike most of the renters, landlords, especially financial ones like this just look at the numbers and charge what works and what they can get away with. It’s not really that emotional for them, especially the corporate types IMO. I could be way off, but it doesn’t do them any good since the manager probably just “works” there.

If it’s a large complex and all the new people are paying 1400/month, maybe some other quality is forcing people to rent at your place like pets allowed, etc…

That said, I’ve just move. Also, another thing to consider is maybe the “nicer” place you’re seeing is from small time renters underpricing it to find the ultimate best tenant. Maybe out of 200 applicants, only 1 gets picked so hardly anyone really gets that price.

So glad we bought back in 09. Just saw one of those realtor flyers showing sold homes for near 150k from what we paid! Crazy.