An try to barter with the owner who raised her rent $750 a month has reached a stalemate, Courtney Humphries stated this week.
She instructed The Dallas Morning Information that the proprietor of the Plano home and his property supervisor haven’t been conscious of textual content messages and emails she has despatched about new phrases for her lease.
Rebecca Shuai Ren of Tong-Parsons Realty instructed The Information that the worth improve from $1,950 to $2,700 per 30 days displays the market worth within the space. The lease had not elevated in a little bit greater than three years and prices for the owner had elevated, equivalent to property upkeep.
“It was the proprietor’s sole determination,” Ren stated. “I used to be solely following what the proprietor instructed me to do.”
The value is “affordable” and never out of line with different rental homes in Plano, she stated.
A search on Zillow for rental houses in Plano reveals costs similar to what the owner is asking Humphries to pay for the almost 3,000-square-foot-home.
“We do hope that she stays, however I’m not going to push anybody to do something,” she stated.
Humphries, a single mom, stated she’s determined to remain and pay the elevated lease as a result of her son is a Plano ISD senior, and she or he doesn’t wish to transfer earlier than the tip of the college yr.
She’s telling her story to not search monetary help, she stated, however to boost consciousness as rental costs for houses and residences soar throughout the area.
“Hikes like this might put many households on the road,” she stated in a earlier message to The Information.
Lease, dwelling costs on the rise in North Texas
Single-family dwelling rental prices within the Dallas-Plano-Irving metro space have risen by almost 13% within the final yr, with median prices $1,814 a month in July, in keeping with a CoreLogic report this month.
D-FW residence rents additionally surged 15.5% in September from a yr in the past, according to a report by Apartment List, which estimates that median rents are $1,140 for a one-bedroom residence and $1,367 for a two-bedroom.
Residence costs within the area had been a file 23.7% year-over-year in July, one of many largest hikes within the nation in the latest S&P CoreLogic Case-Shiller Home Price Index.
What for those who can’t pay your lease?
Rental costs are anticipated to degree out by 2022, according to a forecast by the Texas Real Estate Research Center. Till then, tenants whose rent is increased to a rate they can’t afford have some options.
Texas Lease Reduction program
Whether or not or not you’re dealing with eviction, you possibly can apply for help with present or overdue lease and utility payments for as much as 15 months by way of the Texas Lease Reduction program. Landlords may also apply for unpaid or future lease on behalf of tenants.
The Texas Division of Housing and Neighborhood Affairs was close to paying out nearly $800 million of its $1.3 billion in rental assistance as of early September, benefiting greater than 124,000 households.
How do I discover out extra and apply?
- Extra info is on the market at texasrentrelief.com or by calling 1-833-989-7368.
Rental reduction in Dallas and Collin counties
Dallas County: Renters and landlords who don’t stay inside the boundaries of town of Dallas can apply for as much as $1,500 per 30 days in help for as much as six months by way of the Emergency Housing Help Program.
Metropolis of Dallas: Residents can apply for the Dallas Rent Relief program if they’ve a family revenue at or under 80% of the world median revenue.
Dallas Rental Help Collaborative: Headed by United Manner of Metropolitan Dallas, the program supplies as much as $1,500 per 30 days for lease and utility payments for as much as 15 months. Candidates are required to stay inside the metropolis of Dallas, and their family incomes can’t exceed 80% of the world median revenue.
Collin County: The county and sure cities inside it acquired federal funding from the Emergency Rental Help Program. To seek out out for those who’re eligible — and which program covers the place you reside — enter your handle at this website.
Have a query about your rights as a tenant dealing with both eviction or unpaid payments? The foremost authorized assist organizations working in Texas have banded collectively to supply their authorized experience to renters navigating housing points by way of Stop TX Eviction.
Employees author Dom Difurio contributed to this report.