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The recession has hit many people hard and one of the toughest areas for people nowadays is rent. Frequently, people who have been laid off or have taken a pay cut will look to negotiate lower rent so they can survive.

How to go about in negotiating for a rent decrease depends on the housing market in one’s area. It will also depend on the size of the apartment complex one is renting from. Generally speaking, smaller apartments where the landlords run the complex themselves are more flexible than apartments under a management company.

Therefore, to begin with, before you start negotiating you need to find out who you should talk to, and be positive that the person you do talk to has the power to actually drop your rent.

Once you have figured out how has the power to make or break a deal, you need to complete some research. Figure out what the current rent rates are and compare the apartments around yours to others nearby.

You may find that rents in the area have dropped recently, so that during negotiations, you could tell your landlord that you could easily find a cheaper place now. Though this may be time consuming, having some figures to tell the landlord will give you the upper hand in the negotiating process.

Make sure you explain the situation. Describe your economic scenario and tell them you have been paying every month, on time.

In doing this, you will show them that the best option for them is lowering your rent, rather than them having to find a new tenant. They know that this can be a time consuming and difficult process.

Giving lower rent to an existing tenant is always better than having no tenant at all. It makes everyone’s lives easier and makes things run smoother.

The writer has been blogging about apartment rentals for the previous seven years. Additionally, the individual is fond of blogging with respect to NYC real estate, including Battery Park apartments as well as apartments in Murray Hill.