Now you know that you will be covering your landlord's property taxes through your rent, but how much will it cost you? That depends on a few things. Different states, cities, and neighborhoods can have vastly different property tax rates. Your neighbor could be paying less in property taxes than your landlord. As mentioned, this is partly because homes can have different taxable values, but rented properties can also have higher taxes than owner-occupied ones. Furthermore, some states have laws in place that help protect homeowners from big increases in property taxes,
protections that don't apply to rented properties. When it comes time for lease renewals, any increased tax burden on your landlord will be passed on to you through steeper rent prices. Ultimately, you have to be comfortable with the rent you're paying, regardless of where it goes.