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12 Ways To Help Pay The Rent This Month

Financial experts advise spending 30% of your gross income on rent. Unfortunately, that’s not always possible, as rent prices have increased steadily over the years. Research shows that the average rent has increased by 8.7% every year since 1980, which is much higher than the inflation rate.

Go Through Your Lease

Take time to read and go through every detail of your rental lease. Find out what happens if you miss a payment or are late. Most landlords will proceed with evictions 90 days after issuing the notice. Some landlords are understanding and may not evict you if you miss a rent payment but make up the next month’s payment.

Consider Negotiating With Your Landlord For Lower Rent

If you have a history of consistent rent payments, consider negotiating with your landlord to accept flexible payment terms or offer a lower rent. Some landlords are considerate and willing to negotiate if you have trouble paying your rent.

While rent assistance programs take time to be approved, they are worth exploring if you can’t keep up with your monthly rent payments. Research your local National Multifamily Housing Council’s list of rental payment help providers.

Explore Rent Assistance Program

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