2022 Rental Market Questions for Fellow Landlords

[Sean Todd]

Hello fellow landlords!  I am curious how much you are planning on raising your rents this coming year.  As I am doing my comps I am noticing a huge difference from my current leases and what they would lease for.  Most comps are running 20% to 30% more than current rent.  Are any of you seeing the same numbers?  What, if any discounts are you giving good tenants?  I am having a hard time asking $500 more rent to my good tenants but those are what the numbers are showing ($1600 to $2100 for example).  Any additional thoughts?