When I moved into this studio apartment last year they were offering 2 months free rent and no deposit. I went into try to renew my lease today and although they were offering 1 month free to new lessees, they offered me no discounts but a 3 months health club membership. I figured that the apartment would have more financial interest in keeping current residents since the costs of getting new residents are far higher than keeping a current resident. I guess people just don’t like to move and they are counting on it.
My building is not raising its rent and is a really, really nice place to live. I do like it here a lot. But I wonder if I should chase a better deal.