How to Navigate Lease Renewals in December and January

The end of the year is a busy time for everyone—and for landlords, it can also mean lease renewals right in the middle of the holiday season. December and January aren’t always ideal months for tenant turnover. Cold weather, shorter days, and holiday expenses make moving more stressful, and vacancies during winter can linger longer than in the spring or summer.

That’s why handling lease renewals strategically during this season is so important. Here’s how to approach it.

1. Start the Renewal Conversation Early

Tenants juggling holiday travel and year-end commitments may put off making decisions. By starting renewal conversations 60–90 days before the lease ends, you give both sides time to plan. This also gives you the option to market the property early if the tenant decides not to stay.

2. Review Market Rents Before Making an Offer

Don’t raise rent blindly. Check current listings in your area to see where your property stands. If you’re already at the top of the market, a modest increase—or even keeping rent the same—could save you the cost of a vacancy.

3. Consider Incentives for Renewal

If you want to avoid the risk of turnover in winter, offering a small incentive can go a long way. Examples:

• Keeping rent flat for another year.
  

• Upgrading appliances or flooring.
  

• Offering flexible lease terms (like a 15- or 18-month renewal that moves the lease end date into the spring).
  

4. Align Future Lease Dates Strategically

Winter lease expirations can be tough, so think long-term. If you do end up with a vacancy, consider shorter or longer lease terms that place the next renewal in spring or summer when demand is highest.

5. Communicate Clearly and Professionally

Tenants appreciate transparency. Explain the reasoning behind any rent changes and renewal terms. A respectful, straightforward approach can increase the likelihood they’ll renew, even if there’s a modest increase.

Final Thoughts

Lease renewals around the holidays can feel tricky, but with the right preparation, you can protect your cash flow, minimize vacancies, and set yourself up for a stronger 2026.

At Ironclad Property Management, we help owners stay ahead of the calendar—making renewals smooth, professional, and profitable year-round.

👉 Have leases coming up in December or January? Let’s put a renewal strategy in place now.