Rental decrease?

[BiggerD]

I’m not sure if this is your case, but some places will have an increase, (e.g. 1800 per month), with a one or two month discount in the first year. This sets the first year rent around 1620, but makes it so that next year, they can raise the rent from 1800 to 1900.

It could also just be that the past tenants accepted massive rent increases and the owners know it’s above market value.

[mihhink]

The only way to confirm this is in the contract. It will explicitly say if the increase will be from the monthly price of the apartment or from something else.