How to Gracefully Raise the Rent on Good Tenants

By PropsManager Team | Dec 17, 2025

How to Gracefully Raise the Rent on Good Tenants

1. Give Plenty of Notice

Don't wait until 30 days before the lease ends. Give them 60 or 90 days. This shows respect and gives them time to budget.

2. Explain the "Why"

Don't just say "Rent is going up." Say: "Due to increases in property taxes and insurance costs, we need to adjust the rent." People understand rising costs.

3. Show the Value

"Even with this increase to $1,550, similar units in the area are renting for $1,700. We value you as a tenant and want to keep your rate below market."

4. Offer a Small Upgrade

"We are also planning to pressure wash the patio/install a new thermostat this spring."

Conclusion

Most tenants expect small annual increases. It's the sudden, massive jumps that cause them to move.