Annual Rent Increases

 

Under rent control, landlords get an annual rent increase which can be imposed on tenants without the landlord having to petition the Rent Board. The landlord must give 30 days notice (or 60 days if this increase as well as any other increases in the past 12 months result in a rent increase of more than 10%). Landlords can "bank" these increases, that is, not impose an increase in one year but then impose that "banked" rent increase in a later year..

Effective March 1, 2014 through February 28, 2015, the annual allowable increase amount is 1.0%

 

PAST ALLOWABLE INCREASES
Effective Period—Amount of Increase

March 1, 2013 - February 28, 2014 1.9%
March 1, 2012 - February 28, 2013 1.9%
March 1, 2011 - February 28, 2012 0.5%
March 1, 2010 - February 28, 2011 0.1%
March 1, 2009 - February 28, 2010 2.2%
March 1, 2008 - February 28, 2009 2.0%
March 1, 2007 - February 28, 2008 1.5%
March 1, 2006 - February 28, 2007 1.7%
March 1, 2005 - February 28, 2006 1.2%
March 1, 2004 - February 28, 2005 0.6%
March 1, 2003 - February 28, 2004 0.8%
March 1, 2002 - February 28, 2003 2.7%
March 1, 2001 - February 28. 2002 2.8%
March 1, 2000 - February 28, 2001 2.9%
March 1, 1999 - February 29, 2000 1.7%
March 1, 1998 - February 28, 1999 2.2%
March 1, 1997 - February 28, 1998 1.8%
March 1, 1996 - February 28, 1997 1.0%
March 1, 1995 - February 29, 1996 1.1%
March 1, 1994 - February 28, 1995 1.3%
March 1, 1993 - February 28, 1994 1.9%
December 8, 1992 - February 28,1993 1.6%*
March 1, 1992 - December 7, 1992 4%*
March 1, 1991 - February 29, 1992 4%
March 1, 1990 - February 28, 1991 4%
March 1, 1989 - February 28, 1990 4%
March 1, 1988 - February 28, 1989 4%
March 1, 1987 - February 29, 1988 4%
March 1, 1986 - February 28, 1987 4%
March 1, 1985 - February 28, 1986 4%
March 1, 1984 - February 28, 1985 4%
March 1, 1983 - February 29, 1984 7%
April 1, 1982 - February 28, 1983 7%


* Caution: Only ONE of these two increases may be imposed for the period from March 1, 1992 - February 28, 1993, based on the anniversary date or date of last increase.

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