Rent increase limit for 2024

Rent increase limit for 2024

When issuing a new notice of rent increase, a landlord must:

  • Use the approved notice of rent increase form

  • Use up to the maximum amount for 2024: 3.5%

  • Give the tenant no less than three full months before the notice takes effect. For example:

  • If rent is due on the fifteenth of each month, notice must be given before October 14, 2023 and the first increased rent payment will be due January 15, 2024


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