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As a landlord or property manager, you may increase rents on rental properties periodically. A Rent Increase Notice can be used as a written notification to your tenants. It can include details such... Read more
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Making a Rent Increase Letter
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What is a Rent Increase Letter?
As a landlord or property manager, you may increase rents on rental properties periodically. A Rent Increase Notice can be used as a written notification to your tenants. It can include details such as the rate of increase and when the increase takes effect.
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How do I write a letter to raise my rent?
Making a Rent Increase Letter online is simple. Just answer a few questions, and Rocket Lawyer will build your document for you. Consider these questions beforehand to make the process speedier:
- When will the new monthly rent amount take effect?
- On what day is the rent due each month, before any late fees are charged?
- What is the new amount of monthly rent to be paid by the Tenant?
- Is the new rent amount an increase to the previous rent amount? If so, what is the current amount paid by the Tenant every month?
If you don't have all of the details you need, you can skip questions, and save your document for later.
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Can you email a Rent Increase Notice?
No, a landlord is required to provide written notice (mailed or hand-delivered) through a rent increase letter before increasing a tenant's rent.
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What is a typical rent increase?
Rent increases can vary by unit and by location, however 3-5% is common. There may be limitations on your property due to rent control or other protective measures, so it is best to confirm with a lawyer what percentage is legally allowed and how much notice is required for your specific property.
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What is the most a landlord can raise your rent?
Unless you live in a rent-controlled or rent-stabilized apartment, there is no limit to how much a landlord can raise your rent. It is up to the discretion of the landlord. A landlord, however, cannot raise the rent whenever they want. They can only raise your rent when the contract that you have signed with them expires. Typically, they are also required to provide advance notice of an increase.
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