How much rent can a landlord charge?
When you first rent a place, you and your landlord agree on the rent you will pay. In most cases, the rent can be any amount that you both agree on.
Your rent could include things like:
Make sure your rental agreement or clearly says what is included and what is not included.
Future rent increases
In most cases, your landlord must wait a year before raising your rent and must give you 90 days’ written .
Usually your landlord cannot increase your rent more than the “guideline” percentage which is set by the government each year.
It is important to find out if your place is covered by the guideline. If it is not covered, your landlord can raise your rent as much as they want after a year.
Rent freeze in 2021
The government has announced that the guideline for the year 2021 will be zero percent. This means that your landlord cannot raise your rent at all from January 1, 2021 to December 31, 2021.
Your landlord is allowed to give you a rent increase notice in 2021 but the increase cannot start before January 1, 2022.
This rent freeze will also apply to many units that are normally not covered by the guideline.
If your rental agreement has any discounts, this could also affect future rent increases.
In some situations, there might be an Order Prohibiting Rent Increase (OPRI). An OPRI means the rent can’t be above a certain amount until the landlord does repairs.
This situation is extremely rare, so it is unlikely that your new unit will be affected by an OPRI. If your unit is affected, your landlord has to tell you before you move in.