Q: is there a guideline on how much a landlord can raise rent in a renewal like a max pct increase
We have been renting for 2 years now at $1500 for a 2 bd and our lease this year is being denied renewal they have posted the new rent at 2100$ all the apartments in the Development have been raised 600-$800 1bd $1800 2bd $2100-2300 3bd are $3000 for new renters. We are seniors on Social Security this is obviously an attempt to get around some law or statute to justify such a gouge in price our neighbors renewed in Feb for 200$ more before all this started in April when I blew the whistle on Mold and the whole building had to be fumigated. I feel they are doing this to 1. Falsely inflate the Value of the property since they are advertising for investors , 2. So they can guarantee sustained rent by bringing in More Section 8 illegals which is paid by Fed Funds, 3. By refusing to renew ( when there are no complaints about us ) they get around justifying increase they can have the New Renters pay the gouged amounts
A: There is no law restricting the amount of a rent increase. There is no obligation on a landlord to enter into a new lease (i.e., a renewal) with a current tenant. A landlord can choose to not enter into a new lease for any reason, or no reason at all; a renter has no legal right to a new lease.
Bruce Alexander Minnick agrees with this answer
A: There is nothing you can do. So it sounds like now is the time for you to stop complaining about all the terrible things that are happening in your subdivision and start looking for somewhere else to move to when the lease expires. My advice is NOT to renew your present place at $2,100 (if they offer it) because you will have a ton of other nicer places to live for that high rent.
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