Should You Stay or Should You Go
That renewal notice just landed in your inbox, and the number is higher than what you’re paying now. The instinct is to either sign it and avoid the hassle, or panic and start browsing Zillow at midnight. Both reactions skip the most important step: running the actual numbers.
Here’s what makes this decision different in 2026 than it was three years ago: Austin’s vacancy rate is above 10%. Two-thirds of properties are offering concessions. Asking rents have dropped roughly 20% from their 2022 peak. The property sending you that renewal increase? They’re competing against neighbors giving away 6-12 weeks of free rent to fill empty units.
Most “should I renew?” advice boils down to “moving is expensive, so just stay.” That’s lazy math in any market. In Austin’s current oversupplied market, it’s potentially expensive math because it ignores the concessions and lower base rents available at competing properties. Our team tracks rental pricing daily across Austin and runs these renewal-versus-move comparisons constantly. The answer is different for every renter, but the framework for getting to the answer is the same.
This guide walks through what your renewal increase actually means, how to calculate net effective rent on both options, and when moving saves you money versus when staying put is the smarter play.
What Your Renewal Offer Actually Means
A renewal increase isn’t arbitrary. It reflects a calculation your property management team ran based on current market conditions, your unit’s demand, and how badly they want to avoid turnover.
Most renters don’t realize this: it costs properties $1,000-$5,000 to turn over a single unit. Cleaning, maintenance, painting, marketing, lost rent during vacancy — it adds up fast. Your property manager knows this. So a renewal offer is a negotiation opening, not a final price — especially given where Austin’s market sits right now.
Texas has no rent control. Per the Texas State Law Library, landlords can raise rent by any amount at lease renewal with proper notice. No cap. No ceiling. No state-mandated limit. For a full overview of Texas tenant protections at lease end, TexasLawHelp.org covers the process. But the flip side? There’s also no floor on what competing properties can offer you if you’re willing to move.
Renewal increases vary by property class and current occupancy. Here’s what we’re tracking across Austin in 2026:
| Property Class | Typical Renewal Increase | What’s Driving It |
|---|---|---|
| Luxury/A+ (0-5 yrs old) | 3-7% | High operating costs, newer amenities to maintain |
| Class A (5-15 yrs old) | 2-5% | Moderate overhead, competitive market pressure |
| Class B (15-30 yrs old) | 0-4% | Older properties competing harder for retention |
| Properties with 8%+ vacancy | 0-2% (or flat) | Desperate to retain any paying tenant |
Data reflects Austin Apartment Team tracking across 1,000+ properties, Q1 2026
A 5% increase on $1,500/month is $75/month, or $900 over a 12-month lease. That’s the number you need to compare against the total cost of staying versus leaving. (Not sure if your current rent is even competitive? See where you can afford to rent in Austin’s current market.)
Austin’s 2026 Rental Market: Why Your Negotiating Power Has Changed
Austin’s apartment market flipped from landlord-friendly to renter-friendly between 2022 and 2024. It’s still firmly in renter territory as of early 2026, and understanding why gives you real bargaining power at renewal time.
The short version: Austin built too many apartments. Between 2023 and 2025, the metro delivered roughly 50,000+ new units while population growth slowed. The result: a supply glut that pushed vacancy rates above 10%, nearly double the 5-7% range that represents a balanced market.
| Austin Market Indicator | Current (Q1 2026) | 2022 Peak | Change |
|---|---|---|---|
| Average asking rent (1BR) | ~$1,400-$1,525 | ~$1,726 | Down ~15-20% |
| Vacancy rate | ~10%+ | ~4% | Up 150%+ |
| Properties offering concessions | ~65% | ~15-20% | Up 3x+ |
| Typical concession range | 4-12 weeks free | 0-2 weeks free | Major shift |
| New units delivered (annual) | ~4,600 (est. 2026) | ~33,000 (2024) | Down 74% |
Sources: CoStar Q1 2026 estimates, RentCafe/Yardi Matrix, Cushman & Wakefield market reports
Pay attention to the last row. New supply is dropping fast: from 33,000 units in 2024 to an estimated 4,600 in 2026. CoStar projects rents won’t see meaningful upward pressure until 2027. So you’re negotiating in a window where properties are still competing hard for tenants, but that window is starting to close.
The takeaway for your renewal: your property knows the market is soft. They know you have options. Use that if you want to stay otherwise fill out the form below and we’ll find you a better place with a better price.
Your Renewal Timeline: What to Do and When
Most renters don’t realize they’re on a clock. Austin apartment leases typically require 60 days’ written notice to vacate, and your property will send renewal terms 60-90 days before expiration. If you’re not prepared when that offer arrives, you’re negotiating from behind.
This timeline gives you maximum options:
90 days before lease expiration: Start your research. Check current market rates for your unit type in your submarket. Run a search at search.austinapartments.com to see what’s available at what net effective rent. You don’t need to tour anything yet. Just know what the market looks like.
75-80 days out: Tour 2-3 alternatives. You’re not committing. You’re building a comparison file. Take note of concession offers, mandatory fees, and lease terms. Having specific listings in hand turns a vague “I’ve been looking around” into a concrete negotiation position.
60-70 days out: Receive and evaluate your renewal offer. Your property will send renewal terms around this window. Don’t sign immediately. Compare the offer against your research using the 12-month cost comparison framework below. Identify whether the offer is above, at, or below current market rates.
45-60 days out: Negotiate or give notice. If you’re staying, counter the renewal offer with your market data. If you’re leaving, provide written notice to vacate. Don’t wait until the last minute, because some leases penalize late notice. If you need more time, ask the leasing office for a 1-2 week extension on the response deadline. Most will grant it.
30 days out: Hard deadline. Your lease likely requires notice by this point. If you haven’t responded, check your lease terms carefully. Some automatically renew under the new terms, and others flip you to month-to-month at a steep premium. Never let this deadline pass without a written response.
The Renewal vs. Moving Cost Comparison: A Framework That Actually Works
Generic advice treats this as a simple question: is the moving cost worth the rent savings? But that framing misses half the equation.
You need to compare the total 12-month cost of both options, including concessions at the new property, mandatory fees you might not know about, and the one-time costs of relocating.
The True Cost of Moving in Austin
Before comparing monthly rent, add up what moving actually costs:
| Moving Expense | Typical Austin Range | Notes |
|---|---|---|
| Professional movers (local) | $400-$1,200 | 1BR = lower end; 2BR+ = higher |
| Security deposit (new property) | $200-$500 | Varies by credit; some properties waive in current market |
| Application fees | $50-$150 per applicant | Non-refundable; couples pay double |
| Admin/move-in fee | $150-$400 | Sometimes negotiable or waived with concessions |
| Utility transfers/setup | $50-$150 | Deposits for new accounts, overlap charges |
| Renter’s insurance adjustment | $0-$50 | If switching providers or updating policy |
| Miscellaneous (boxes, supplies, time off work) | $100-$300 | Often underestimated |
| Total range | $950-$2,750 | Can reach $3,500-$4,500 for 2BR+ with full-service movers |
And that’s just the move itself. If you’re going from a furnished to unfurnished situation, the cost to furnish an apartment adds another $3,500-$8,000. Factor that in if it applies.
The 12-Month Cost Comparison
This is where net effective rent changes the decision. Say your current rent is $1,500/month and your renewal offer is $1,575 (a 5% increase). A competing property charges $1,600/month base rent but offers 8 weeks free on a 12-month lease.
| Cost Factor | Renew at Current Property | Move to New Property |
|---|---|---|
| Monthly rent | $1,575 | $1,600 base |
| Concession | None | 8 weeks free |
| Net effective rent | $1,575/month | ~$1,354/month |
| 12-month rent total | $18,900 | $16,248 |
| Moving costs | $0 | ~$2,000 (est.) |
| 12-month total cost | $18,900 | $18,248 |
| Difference | — | $652 savings by moving |
In this scenario, moving saves $652 over the year despite $2,000 in moving costs. But change one variable (say the concession is only 4 weeks instead of 8), and the math flips:
With 4 weeks free: net effective rent = ~$1,477/month. Twelve-month rent = $17,724. Plus $2,000 moving costs = $19,724. That’s $824 more expensive than renewing.
The variables that swing this decision: the concession size at the new property, your moving costs, and the gap between your renewal rate and current market rates.
How to Calculate Net Effective Rent on a New Lease
Net effective rent is the actual monthly cost after concessions are prorated across the lease term. It’s the number you compare against your renewal rate, not the advertised base rent. (For a deeper breakdown of how this works, see our full guide to net effective rent.)
The formula: Net Effective Rent = (Base Rent × Paid Months) ÷ Total Lease Months
Or, with our daily calculation method: Base Rent × ((Lease Days − Free Days) ÷ Lease Days)
This table covers the most common Austin concession packages on a 12-month lease:
| Concession | Multiplier | $1,400 Base | $1,600 Base | $1,800 Base |
|---|---|---|---|---|
| 1 month free | 0.9178 | $1,285 | $1,468 | $1,652 |
| 6 weeks free | 0.8849 | $1,239 | $1,416 | $1,593 |
| 2 months free | 0.8356 | $1,170 | $1,337 | $1,504 |
| 3 months free | 0.7534 | $1,055 | $1,205 | $1,356 |
Multipliers based on 365-day lease year
A critical detail most renters miss: concessions only apply to the first lease term. If you move to a property offering 8 weeks free, your year-two renewal will likely jump 5-12% from the full base rent — not from your net effective rate. A property at $1,600 base with 8 weeks free gives you $1,354 net effective in year one. Year two? If they increase to $1,680 with no concession, that’s a 24% effective jump from what you were paying.
Plan for year two before committing to year one. Our search tool at search.austinapartments.com ranks properties by net effective rent, so you can compare actual costs instead of advertised rates that obscure the real picture.
Your Vacancy-Based Negotiation Playbook
Your renewal negotiation strategy should change based on one question: how full is your property right now?
A property at 95% occupancy has no reason to negotiate. A property at 85% occupancy is losing tens of thousands per month on empty units. That’s your opening.
Think of it on a sliding scale:
| Property Occupancy | Your Negotiating Power | What to Ask For |
|---|---|---|
| 95%+ (tight) | Low — they can replace you easily | Modest requests: waived admin fee, locked rate for 15 months |
| 90-95% (healthy) | Moderate — they’d prefer to keep you | 0-2% increase instead of proposed amount, or 1-2 weeks free |
| 85-90% (soft) | Strong — turnover hurts them more | Flat renewal or rate reduction, waived fees, parking upgrade |
| Below 85% (struggling) | Maximum — they need you | Rate reduction, 4+ weeks free, multiple concessions stacked |
How do you find out your property’s occupancy? Walk the parking lot after 10 PM and count dark windows. Check how many units are listed on their website. Ask the leasing office directly: “What’s your current availability?” If they list 30+ units available in a 300-unit property, you’re looking at sub-90% occupancy.
And here’s something that changes the equation even more: search for your exact unit type on your property’s own website. If they’re advertising the same floor plan to new tenants at a lower rate than your renewal offer, you have a direct, specific data point for your negotiation. Print that listing and bring it to the leasing office.
A Renewal Negotiation Email You Can Actually Send
Not sure how to start the conversation? Here’s a template based on what we’ve seen work with Austin property managers. Adjust the details to match your situation:
Subject: Renewal Discussion — Unit [Your Unit Number]
Hi [Leasing Manager Name],
Thanks for sending the renewal offer. I’d like to stay, but I want to discuss the proposed rate before signing. I’ve been researching current market rates for comparable [1BR/2BR] units in [your area], and I’m seeing net effective rents of $[amount] at properties offering [X weeks] free.
I’ve been a reliable tenant: on-time payments, no lease violations, and minimal maintenance requests. Given the current vacancy in the market and my track record, I’d like to discuss adjusting the renewal to $[your target rate] or adding a concession to bring the effective cost closer to what’s available nearby.
I’d prefer to stay and avoid the turnover cost for both of us. Can we set up a time to talk this week?
Short, professional, and grounded in data. The key elements: you name a specific comparable rate, reference your tenant track record, and acknowledge the mutual benefit of avoiding turnover. Property managers respond to that framing far better than “my rent is too high.”
If the negotiation doesn’t go your way, that’s when our team can help. We track which properties across Austin are offering the deepest concessions and which management companies negotiate most flexibly. Call us at (512) 360-0852, and we’ll run a free comparison of your renewal offer against current market rates for comparable units.
When Moving Makes More Financial Sense
The numbers favor moving when all of these conditions line up:
Your renewal increase exceeds 5% AND you have access to concessions at a comparable property. A 5% increase on a $1,500 unit is $75/month or $900/year. If a comparable property is offering 6+ weeks free, the net effective rent savings usually exceed $900 even after moving costs.
You’re in an oversupplied submarket. Areas like the Domain corridor, East Riverside, and South Lamar had heavy new construction in 2023-2025. Concessions in these areas are deeper than in supply-constrained zones like South Congress or Zilker.
Your property has high vacancy. If your current complex is struggling to fill units and still increasing your rent, that tells you something about management’s pricing strategy. It may not be the best-managed property to stay at long-term.
You’re upgrading property class. Sometimes the market creates a rare opportunity: a Class A property offering aggressive concessions brings its net effective rent in line with what you’re paying at a Class B. Same money, better unit. That’s worth the moving hassle.
We can identify those situations for you. Our database flags properties where concession-adjusted pricing crosses class lines. Call (512) 360-0852 or start a free search at search.austinapartments.com.
The “Move Out, Move Back In” Tactic
Here’s one most renters don’t consider: you can sometimes decline your renewal, move out, and re-apply at the same property as a new tenant, capturing the new-lease concessions your property won’t offer existing residents. Yes, at your own apartment.
This works when a property is advertising a lower new-tenant rate than your renewal offer. Some renters have saved $1,500-$3,000 in first-year costs this way. But there are real risks. You’d need somewhere to stay for the gap period (even a few days), you’ll pay application and admin fees again, and some management companies flag former residents and refuse to offer new-tenant concessions to recent move-outs. Others don’t track it at all. They just want the unit filled.
Before trying this, ask the leasing office directly: “If I move out and reapply as a new tenant, would I qualify for current move-in specials?” Some will say yes. Some will say no. And the answer saves you from a costly miscalculation.
When Renewing Is the Smarter Play
Moving isn’t always the answer, even in a renter’s market. Renewing makes more sense when:
Your increase is under 3%. On a $1,500 unit, a 3% increase is $45/month, or $540 annually. Almost no moving scenario saves you that little, once you factor in time, stress, and the $950-$2,750 in direct costs.
You like your unit’s specific qualities. Corner unit with extra windows? Top floor with no upstairs neighbors? Ground floor with patio access? Walkable to your office? These features are hard to replicate, and their value doesn’t show up in a rent comparison spreadsheet.
Your property is well-managed with stable pricing history. A property that consistently raises rent 2-3% annually is more predictable than one offering massive concessions year one and 10%+ renewal hikes in year two. Long-term cost stability matters. And if your property recently changed ownership, pay close attention to how the new management handles renewals.
You’d need to break lease or face month-to-month rates. If you didn’t give proper notice and you’re stuck in month-to-month territory, renewing for a full term, even at a modest increase, is almost always cheaper.
Month-to-month premiums typically run 40-50% above standard lease rates. The math is brutal. A renter paying $1,500/month on a standard lease who rolls into month-to-month could see that jump to $2,100-$2,250/month overnight. That’s $600-$750 extra per month ($7,200-$9,000 annualized), making even the most aggressive renewal increase look like a bargain.
Check your lease for the exact month-to-month premium and your notice deadline. Most Austin apartment leases require written notice 60 days before expiration. Miss that window by even a week, and you may lose your ability to renew at the offered rate.
You just don’t want to move. Packing, coordinating movers, updating your address with 30 different companies, setting up new utilities. The hassle factor is real. If the financial difference between renewing and moving is under $500-$800 for the year, the convenience of staying is worth something too. Only you can put a dollar value on that.
The 5-Question Renewal Decision Checklist
If you want a quick read on whether to stay or go, work through these five questions in order:
1. Is your renewal increase above 5%? Below 5%? Lean toward renewing. Sub-5% increases are hard to beat after moving costs. Above 5%? Keep going.
2. Are comparable properties in your area offering 6+ weeks free? If not, the concession savings probably won’t offset your moving costs. Negotiate your renewal instead. If so, keep going.
3. Is your current property below 90% occupancy? Then negotiate hard before deciding to move. You might get a flat renewal or a rate reduction without leaving. If they won’t budge, keep going.
4. Does the 12-month total cost at the new property (net effective rent × 12 + moving costs + mandatory fee difference) beat your 12-month renewal cost by $800 or more? Under $800 in savings? The hassle isn’t worth it. Renew. Over $800? One more question.
5. Have you checked the new property’s year-two track record? (Average renewal increases for current residents under 5%?) If the track record checks out, move. The numbers work short-term and long-term. If you can’t find that data, proceed with caution. You may be trading a known modest increase for an unknown steep one.
That’s it. Five questions, and you have a clear direction. If you’re stuck on questions 2 or 4, our team can pull the data for you in about 15 minutes. Call (512) 360-0852.
Mistakes We See Austin Renters Make at Renewal Time
Accepting the First Renewal Offer Without Researching the Market
We see this constantly. The renewal letter arrives, the renter looks at the increase, decides it “seems reasonable,” and signs within 48 hours. Meanwhile, the property down the street is offering 8 weeks free and a lower base rent. Spend 30 minutes on search.austinapartments.com comparing your renewal to current net effective rents for comparable units. Those 30 minutes could be worth $1,000-$3,000.
Comparing Renewal Rate to Advertised Rent (Not Net Effective Rent)
A new apartment listing says $1,600/month. Your renewal is $1,500. Easy decision — just stay, right? But if that $1,600 property is offering 2 months free, the net effective rent is $1,337. You just left $163/month on the table because you compared the wrong numbers.
Ignoring Mandatory Fees at the New Property
Base rent isn’t the total cost. A property advertising $1,400/month might have $125-$165/month in mandatory fees (valet trash, pest control, water/sewer, parking). Your current property might have lower mandatory fees because it’s older or has those costs built into base rent. Always compare total monthly cost, not just the rent line.
Watch how this plays out in practice:
| Cost Layer | Your Current Property | New Property |
|---|---|---|
| Base rent | $1,500 (renewal) | $1,400 |
| Valet trash | $0 (included) | $35/month |
| Pest control | $0 (included) | $10/month |
| Water/sewer | $40/month | $60/month |
| Covered parking | $0 (included) | $75/month |
| True monthly cost | $1,540 | $1,580 |
That “$100 cheaper” apartment actually costs $40 more per month once mandatory fees are factored in. Over 12 months, that’s $480 in the wrong direction, before you even add moving costs. We use this four-tier cost breakdown (base rent, mandatory fees, true monthly cost, and net effective rent) in every comparison we run because it catches exactly this kind of hidden gap.
Negotiating Too Late
Properties set renewal pricing 60-90 days before your lease expires. If you wait until two weeks before expiration to push back, your unit is already listed on the market and your manager has less reason to negotiate. Start the conversation the day you receive your renewal offer. And don’t just ask for a lower rate. Come armed with comparable listings, your property’s own vacancy numbers, and your track record as a tenant (on-time payments, no violations, minimal maintenance requests). If you’ve had unresolved maintenance issues, that’s worth bringing up too.
Not Factoring in Year-Two Costs
That property with 3 months free is tempting. But what happens at renewal? If year-two rent jumps 8-12% from the full base rate, your “savings” evaporate. Ask the leasing office directly: “What was the average renewal increase for current residents this year?” A property that increased renewals by 2-3% is a better long-term bet than one that jacks up rates after the initial concession period ends.
If any part of this analysis feels overwhelming, that’s exactly what we do. Our team runs these comparisons daily. Call (512) 360-0852 and we’ll put a side-by-side comparison together for your specific situation: renewal offer vs. the best current options in your area. The service is free.
Austin Apartment Lease Renewal: Frequently Asked Questions
How much will my rent go up when I renew in Austin?
Typical Austin renewal increases in 2026 range from 0-7%, depending on your property class and the property’s current vacancy. Properties with occupancy below 90% are offering flat renewals or small increases of 0-2%. Well-occupied luxury properties are pushing 5-7%. There’s no legal limit on rent increases in Texas.
Can I negotiate my apartment renewal in Austin?
Yes. It costs properties $1,000-$5,000 to turn over a unit. Keeping you is cheaper than finding a replacement. Come armed with net effective rents at competing properties. If you can show your manager a lower rate at a similar complex nearby, they have a financial reason to meet you partway.
Is there a limit on how much a landlord can raise rent in Texas?
No. Texas prohibits rent control statewide. Landlords can raise rent by any amount at lease renewal, provided they give proper notice. Most apartment leases require 60 days’ notice of renewal terms. The only protection is the market itself, and right now, the market favors renters. If you believe a rent increase is retaliatory, the Austin Tenants Council (a project of Texas RioGrande Legal Aid) can advise you on your options.
When should I start researching before my lease renewal?
Start 90 days out. Most properties send renewal offers 60-90 days before lease expiration, and having market data ready before the offer arrives puts you in a stronger position. You want to walk into that conversation knowing what comparable units are renting for, what concessions are on the table nearby, and what your property’s own vacancy looks like. If you wait until after the offer, you’re reacting instead of negotiating.
What’s the average cost of moving apartments in Austin?
A local move in Austin costs $950-$2,750 for a 1-bedroom, including movers ($400-$1,200), deposits ($200-$500), application fees ($50-$150 per applicant), admin fees ($150-$400), and miscellaneous costs. Two-bedroom and larger moves can run $2,500-$4,500 with full-service movers.
What is net effective rent and why does it matter for my renewal decision?
Net effective rent is your actual monthly cost after prorating concessions across the lease term. If a property charges $1,600/month base but offers 2 months free on a 12-month lease, your net effective rent is $1,337/month. Compare that number, not the base rent, against your renewal offer.
Should I move to a property offering free rent months?
Only if the 12-month total cost (including moving expenses) beats your renewal total. And plan for year two. Concession properties typically increase renewal rent 5-12% from the full base rate, which can feel like sticker shock after paying net effective rates. Ask what last year’s renewal increases looked like before signing.
How do I find out my property’s vacancy rate?
Check their website for listed available units, walk the property at night and count dark units, or ask the leasing office directly. If they have 15+ units available in a 200-unit complex, that’s roughly 92% occupancy or lower — strong negotiating territory for you.
What if my renewal offer is higher than what new tenants are paying?
This happens more often than renters think. Check your property’s own website for current advertised rates on your floor plan. If new tenants are paying less than your proposed renewal, bring that listing to the leasing office. Most property managers will adjust rather than lose a good tenant over a pricing discrepancy they can’t justify.
Should I sign a longer lease to get a lower rate?
Sometimes. A 15-month lease that expires in a summer month (when the property can more easily re-lease your unit) may come with a lower monthly rate. But weigh flexibility: if the market continues to soften, you could miss better deals by locking in too long. In Austin’s current market, a standard 12-month term gives you another negotiation window in 2027 when market conditions may be very different.
Can an apartment locator help with my renewal decision?
Yes. Our team at the Austin Apartment Team runs this analysis daily. We compare your renewal offer against current net effective rents at comparable properties in your submarket, completely free. If staying makes sense, we’ll tell you. If moving saves you money, we’ll show you exactly where and by how much. We get paid by the apartment when you sign a new lease, so the comparison costs you nothing.
What happens if I don’t respond to my renewal offer?
Check your lease. Most Austin apartment leases state that failure to respond within 30 days results in automatic renewal under the new terms, or conversion to month-to-month at a premium rate (typically 40-50% above standard lease pricing). Never ignore a renewal notice. Respond in writing, even if you need more time to decide. And while you’re reviewing that lease, check for clauses that aren’t enforceable.
When is the best time of year to negotiate a renewal in Austin?
Winter renewals (leases expiring November-February) give you maximum power. Properties face lowest demand, highest vacancy, and budget-year pressure during these months. If your lease renews in June-August (peak season), your negotiating position is weaker, but in Austin’s current oversupplied market, even peak-season renters have more power than usual.
Do I lose my security deposit if I don’t renew?
No. Under Texas Property Code §92.103, your landlord must return your security deposit (minus legitimate deductions for damages beyond normal wear and tear) within 30 days of move-out. Choosing not to renew doesn’t forfeit your deposit. Document your unit’s condition with photos before you leave to protect yourself.
The Decision Comes Down to One Comparison
The renewal decision isn’t about gut feeling or convenience. It’s a math problem with two variables: your total 12-month cost if you stay versus your total 12-month cost if you move — including moving expenses, concessions at the new property, and the mandatory fees you might not be accounting for.
Austin’s current market gives renters more options than they’ve had in years. Vacancy above 10%, two-thirds of properties offering concessions, and rents down roughly 20% from the 2022 peak. All of that creates a window where moving can genuinely save you money. But it doesn’t always. Some renewal offers are fair. Some are great. And some are banking on you not doing the homework.
Run the numbers. Calculate net effective rent on both sides. Factor in the year-two reality. And if the comparison shows your renewal is within $500 of the best available alternative, the convenience of staying put has real value too.
You now know more about evaluating a renewal offer than most Austin renters. Use it.
Ready to see how your renewal stacks up? Our team runs free side-by-side comparisons of renewal offers versus current market options. The apartment pays us when you sign a new lease, so the analysis costs you nothing. Call us at (512) 360-0852, get your personalized list, or start a free search at search.austinapartments.com.
