With Rent Prices Surging, Did You Know You Can Negotiate A Lower Monthly Cost?

By WCCO Staff, CBS Minnesota

February 28, 2023

MINNEAPOLIS -- You don't need us to tell you that everything is getting more and more expensive. The housing market is no exception, leaving many people no option but to rent.

The average rent is just over $1,500 a month in the Twin Cities, according to Zillow. Mike Kaeding, CEO of Norhart, shared some tips on how you can save some money if you're renting.

He says negotiating a lower rent might, in fact, be a possibility.

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