2021 Allowable Rent Increase
- 1.4% is the allowed maximum increase in 2021 for mobile home park tenancies plus a proportional amount for the change in local government levies and regulated utility fees.
- Effective November 9, 2020, the Province has extended the freeze on rent increases until July 10, 2021, under the powers of the Emergency Program Act and COVID-19 Related Measures Act. The BC government originally froze rent increases on March 18, 2020, with the ban set to expire Dec. 1, 2020.
- Increases set to happen on Dec. 1, 2020, are cancelled, along with all pending increases through to July. The earliest an increase can now take effect is July 10, 2021.
- Landlords who have issued a notice for 2021 do not have to issue a new rent increase notice.
- Landlords must provide tenants with three full months’ notice using the correct notice of rent increase form.
- Link to more information on rent increases: https://www2.gov.bc.ca/gov/content/housing-tenancy/residential-tenancies/during-a-tenancy/rent-increases
Previous Maximum Rent Increases
The following table outlines the maximum allowable rent increases for the past few years:
Year | Maximum Allowable Rent Increase |
---|---|
2020 | 2.6% |
2019 | 2.5% |
2018 | 4.0% |
2017 | 3.7% |
2016 | 2.9% |
2015 | 2.5% |
2014 | 2.2% |
2013 | 3.8% |
2012 | 4.3% |
2011 | 2.3% |
2010 | 3.2% |
2009 | 3.7% |
2008 | 3.7% |
2007 | 4.0% |
2006 | 4.0% |
2005 | 3.8% |
2004 | 4.6% |
Landlords may not retroactively apply a rent increase. If a landlord did not issue a rent increase in the previous year, or issued a rent increase that was less than the amount allowed by law, they cannot later apply a rent increase to catch up.