2019 Allowable Rent Increase

Posted by on Aug 16, 2018 in Industry Info/News | 0 comments

2019 Allowable Rent Increase

Previous Maximum Rent Increases

The follwing table outlines the maximum allowable rent increases for the past few years:

Year Maximum Allowable Rent Increase
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.

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