When your lease is coming to an end, you will have a few choices that you can make to ensure that you can stay in the same place and make it your own. Many tenants will work with their landlord to do a lease renewal that allows them to stay put and enjoy life in the place that they already call their own home. While there are a number of benefits that come with this, there are also a few drawbacks to consider as well. Some of the drawbacks of considering a lease renewal include:

# It’s a new agreement: When you do a lease renewal, you are technically a new agreement. This can be good in some cases because it allows the landlord and you to start over. But it could also take away some of the benefits that you would like, such as access to certain amenities or a low rental rate. Advocate for yourself and make sure that you do not lose some of the perks that you would like.

# Rent increase: Although good tenants are going to have more of a leeway when it comes to negotiating locked-in rental prices, some landlords are going to raise the price of the rent to help them keep up with changes in the market. Rent hikes are more common in good neighborhoods because lots of people want to live there, and your landlord may decide to increase the rent to keep up with it. If you renew the lease, then you may be stuck with a higher rent increase than you want.

# Possibility for a bad living relationship: if you have had some trouble with your landlord responding to you or taking care of your apartment, you are going to be stuck with some of the same problems if you decide to renew the lease. If you are not that happy with the rental situation and you have the finances to leave, it may be better to pursue that course of action, rather than staying somewhere that you don’t feel welcome and is not a good living situation for you.

Sometimes, you need a bit more space to call your own and to ensure that you will not feel cramped and crowded in the place you decide to call home. Whether you are bringing along the whole family or just a few roommates, we are confident that our apartments will fit the bill. We offer three bedroom apartments in Long Beach, CA for all of your needs, providing some great amenities, lots of space, and all the features and safe location you are looking for in your new home. Contact a member of our team today to learn more and to help you take a tour today.