PiggyRentIs my renewal increase fair?
Got a renewal letter? Check the number before you sign. See the increase, what your floor plan lists for nearby and in your own building, and the number to ask for.
Check your renewal offer
Free for renters. See it next to what similar units nearby are asking.
How we count
We compare your renewal offer with what other buildings near your address are asking right now for the same number of bedrooms, from current listings, each one dated and linked.
We start within half a mile and widen up to 2.5 miles until at least 4 other buildings answer, taking at most 2 listings from any one building so one big building cannot set the number.
The range is the middle half of those asking rents. Within 5% of the middle, the offer is "around" what's asked; more than that over, it is "above".
Your own building's listings are shown on their own, never counted in the range. One listed for less than your offer with the same number of bedrooms is the number to ask for.
Furnished, short-term, per-bed and income-restricted listings are left out. With too few listings nearby we use the neighborhood average, and with too little of that we say so rather than guess.
These are asking rents, not what anyone signed. Your lease or renewal letter adds what a listing cannot: your notice deadline, the fees on top of rent, and the terms worth pushing back on.
Questions renters ask
- How do I know if my renewal increase is fair?
- Put the offer next to what the same floor plan lists for right now, nearby and in your own building. If other buildings ask less for the same number of bedrooms, or your building lists one for less than the offer, the offer is above the market and you have a number to ask for. If the offer is around what's asked, it is in line with the market.
- What number should I ask for?
- When the offer is above what other buildings ask, ask for the middle of what they ask, or your building's own cheaper listing of the same number of bedrooms when that is lower. When the offer is around or below what's asked, accept it in writing and ask for anything else that matters to you, like the lease length. The check writes the email with the number in it, and you edit and send it yourself.
- Do I need my renewal letter or lease?
- Not for the first answer: your rent now, the offer, your address and bedrooms are enough. Add the renewal letter or your lease and we read the notice deadline, the fees on top of rent and the terms that cost you, and put them in the email.
- What happens to the letter or lease I add?
- We read it, then delete the file within 24 hours. Your landlord and property manager never see it, and we never sell it. You can also email it to hello@piggyrent.com.
- Which cities does it cover?
- 12 US metros: Seattle, New York, Los Angeles, Chicago, Dallas-Fort Worth, Houston, Miami, Washington, DC, Philadelphia, Atlanta, San Francisco Bay, Boston. Anywhere else, the check says when it has too few listings to answer honestly.
- Is it free?
- Yes. Free for renters, the check and the lease review both.
Asking rents by metro
Seattle · New York · Los Angeles · Chicago · Dallas-Fort Worth · Houston · Miami · Washington, DC · Philadelphia · Atlanta · San Francisco Bay · Boston
What happens to your lease
- We read the names, rent, dates, fees and clauses, then delete the file within 24 hours.
- We keep those terms with your report until you ask us to delete them, and a text copy until 30 days after your lease ends (about 13 months if it already has).
- Your landlord and property manager never see your lease.
- Your name, unit number and the document are never shown to anyone else.