Lease Renewal Notice (With Rent Adjustment)
A lease renewal offer with rent adjustment language — the notice that keeps good tenants, meets state notice periods, and frames an increase without souring the relationship.
Reviewed by Milo, our property management expert · Updated July 20, 2026
When to use this
Send 60–90 days before lease end. A turnover costs roughly a month's rent once vacancy, make-ready, and re-leasing are counted — so a renewal at a modest increase almost always beats a vacancy at a higher one. This notice makes the offer concrete and starts the clock.
Check your state first
Minimum notice for rent increases varies by state (commonly 30–60 days, longer for larger increases in some), and rent-controlled jurisdictions cap the amount. Verify your notice period and any caps before sending.
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Leave enough runway to re-list if they decline
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Choose a state to fill in its legal terms
Notice
[LETTER DATE] [TENANT NAME] [RENTAL ADDRESS, UNIT] Re: Your lease ending [LEASE END DATE] Dear [TENANT NAME], We've valued having you at [RENTAL ADDRESS, UNIT], and we'd like to offer you a renewal. Your current lease ends on [LEASE END DATE]. [STATE] requires at least [STATE RENT INCREASE NOTICE] notice of a rent change, so this letter is your formal notice.
Renewal terms
Option 1 — [12]-month renewal: $[NEW RENT]/month beginning [RENEWAL START DATE]. [Option 2 — Month-to-month: $[MONTH-TO-MONTH RENT]/month.] All other lease terms remain the same. This reflects a change of $[INCREASE AMOUNT] from your current rent of $[CURRENT RENT].
Response and logistics
Please let us know your decision by [RESPONSE DEADLINE]. If you choose to renew, we'll send the renewal for signature. If you plan to move out, this letter serves as your reminder that written notice is required per your lease, and we'll schedule a pre-move-out walkthrough. Thank you — we hope you'll stay. [LANDLORD NAME] [LANDLORD CONTACT]
Educational starting point, not legal advice — the PDF carries the same note. Have a local professional review before signing.
The annotated reference
[BRACKETS] mark fill-in fields
Notice
[LETTER DATE] [TENANT NAME] [RENTAL ADDRESS, UNIT] Re: Your lease ending [LEASE END DATE] Dear [TENANT NAME], We've valued having you at [RENTAL ADDRESS, UNIT], and we'd like to offer you a renewal. Your current lease ends on [LEASE END DATE]. [STATE] requires at least [STATE RENT INCREASE NOTICE] notice of a rent change, so this letter is your formal notice.
Milo's note
Leading with the renewal offer — not the increase — is deliberate. Retention is the most profitable line on a rental P&L.
Renewal terms
Option 1 — [12]-month renewal: $[NEW RENT]/month beginning [RENEWAL START DATE]. [Option 2 — Month-to-month: $[MONTH-TO-MONTH RENT]/month.] All other lease terms remain the same. This reflects a change of $[INCREASE AMOUNT] from your current rent of $[CURRENT RENT].
Milo's note
Offering month-to-month at a premium gives hesitant tenants a bridge instead of a move-out. Keep increases defensible against local comps — an increase that prices your unit above the market is a vacancy notice you wrote yourself.
Response and logistics
Please let us know your decision by [RESPONSE DEADLINE]. If you choose to renew, we'll send the renewal for signature. If you plan to move out, this letter serves as your reminder that written notice is required per your lease, and we'll schedule a pre-move-out walkthrough. Thank you — we hope you'll stay. [LANDLORD NAME] [LANDLORD CONTACT]
Milo's note
The response deadline should leave you enough runway to list the unit if they decline — that's why 60–90 days out beats 30.
These templates are educational starting points, not legal advice. Real estate law varies by state — and sometimes by county — so adapt the bracketed fields to your situation and have a local professional review anything before you sign it or send it.
Common questions
How much should I raise rent on a renewal?
Anchor to the market, then discount for a known-good tenant. If comps support 6% but your tenant pays on time and treats the place well, offering 3-4% often maximizes profit once you price in the turnover you avoided.
Goes with this template
Questions about filling this in?
Milo covers property management — ask anything, free.