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Lease Renewal Counteroffer Letter Template

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Lease Renewal Counteroffer Letter Template

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Lease Renewal Counteroffer Letter Template


Date: [Date]

To: [Landlord/Property Manager Name]
[Company (If Any)]
[Address]
[Email/Phone]

From: [Tenant Full Name]
Rental Address: [Full Address]
[Phone] | [Email]

Re: Lease Renewal Counteroffer — [Rental Address]

Dear [Landlord/Property Manager Name],


1. Reference to Renewal Offer

1.1 Thank you for the renewal offer dated [Offer Date] for the property at [Rental Address].
1.2 My current lease ends on [Current Lease End Date].


2. Counteroffer Terms

2.1 I would like to renew the lease, but I am proposing the following counteroffer terms:

  • Lease Term: ☐ 12 months ☐ 6 months ☐ 18 months ☐ month-to-month ☐ other: [Term]
    Proposed Start Date: [Start Date]
    Proposed End Date (if fixed term): [End Date]

  • Monthly Rent: $[Proposed Rent Amount] beginning on [Effective Date]
    ☐ Same as current rent
    ☐ Reduced increase from offered rent of $[Offered Rent Amount]

  • Fees/Utilities (if applicable):

    • Utilities included/updated: [Details]

    • Parking: [Details]

    • Pet rent/deposit: [Details]

    • Other fees: [Details]

  • Requested Repairs/Updates (Optional):

    • [Repair/Update #1] (requested by: [Date])

    • [Repair/Update #2] (requested by: [Date])

2.2 Except for the items listed above, I am open to keeping the remaining lease terms substantially the same.


3. Reason for Counteroffer (Brief and Optional)

3.1 My counteroffer is based on:
☐ comparable local rental rates
☐ my on-time payment history and care of the unit
☐ current unit condition/needed maintenance
☐ willingness to sign a longer term
☐ other: [Brief reason]


4. Response Request and Deadline

4.1 Please let me know if you accept these terms or would like to propose alternatives.
4.2 If possible, please respond by [Response Deadline Date] so we can finalize renewal paperwork before the lease end date.

Thank you,
[Tenant Full Name]


Signatures

Signature: ___________________________
Printed Name: [Tenant Full Name]
Date: [Date]

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Lease Renewal Counteroffer Letter Template

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For quick answers, scroll below to see the FAQ.

LEASE RENEWAL COUNTEROFFER LETTER TEMPLATE FAQ


What is a lease renewal counteroffer letter?

A Lease Renewal Counteroffer Letter is a written response to a lease renewal offer where you propose different terms — such as a lower rent increase, a different lease length, added repairs, or updated fees. It helps keep negotiations clear and documented.


When should you send a counteroffer?

Send it promptly after receiving the landlord’s renewal proposal, ideally well before your lease end date. This gives time to negotiate and finalize paperwork without risking a lapse in tenancy.


What terms can a tenant counteroffer?

Common counter terms include monthly rent amount, lease length (6/12/18 months), rent increase timing, included utilities, parking, pet fees, renewal fees, and requested repairs or upgrades. This template includes space to list the exact terms you want.


Should you include reasons for the counteroffer?

Yes, briefly and politely. You can reference market rent, good payment history, property condition issues, or willingness to sign a longer term for a better rate. Keep it factual and avoid threats.


Is a counteroffer legally binding?

Usually not unless it is accepted in writing and incorporated into a signed renewal or lease amendment. This letter is meant to propose terms and request a written acceptance or revised renewal document.


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