Marcus Hiles advised renters looking to sign a lease to keep in mind a few factors that may impact the price of rent. According to a Forbes article on how to negotiate rental prices, collecting information about the neighborhood, the landlord, and what other tenants are paying — either in the same building or community – are all influencers to finding lower rental rates. Renters shouldn’t be afraid to negotiate prices either. Although transparently asking for a lower rental price might not be the best strategy, landlords are not necessarily opposed to negotiating. “Negotiation points for me as a landlord and property manager are length of lease and credit,” says Denise Supplee, co-founder of SparkRental.com, a full-service rental automation service. Another option is to offer to sign a long-term lease, advises Hiles. Landlords like the idea of being able to keep turnover rates down while still meeting their profit needs.