I am a property manager- I dont know what state you live in or the neighborhood or quality of property-but, I will tell you, a $15 increase is very very small! Unfortunately even basic costs, such as pool supplies, lawn mowing, plumbing supplies, all maintenance supplies, snow removal, trash service, potty bags at the pet stations, common area lighting in the buildings, overtime for emergency maintenance calls- etc. (not counting anything that includes major repairs or maintenance) ALL of those costs continue to increase. Everything that is done on a property is paid directly from the rent collected- increases are never welcome- but if you like where you live- definitely renew for $15 per month. Of course, if you don't then even a zero increase is not worth renewing for. It will cost you more than the $180-$190 yearly increase to move.