Can my tenant “overpay” or underpay and carry a balance? January 14, 2021 00:38 Updated The tenant is not able to adjust the payment amount. It is set by the landlord. They can only pay the requested amount. Related articles How do I change the rent amount? Can my renter pay weekly? Bimonthly? How do I check the status of a payment? What happens if my lease is longer than 12 months or we renew the lease for another 12 months? Will you report rent payments to the credit reporting agencies?