NYC > Q&A > Renters > Miscellaneous > Market-Rate Apartments - Lease Renewal Rent Increases

How much is my landlord allowed to increase my rent at the time of lease renewal for my market-rate apartment (non-rent stabilized)? Is there a standard percentage or range?

Categories:

Renters | Miscellaneous

Keywords:

landlords, lease renewal, market-rate apartments, negotiation, rent increase

How much is my landlord allowed to increase my rent at the time of lease renewal for my rent-stabilized apartment? Is there a standard percentage or range?

Disclosure (please Read): All material presented herein is intended for information purposes only and solely to help you obtain answers to general questions regarding real estate topics. It is not a substitute for or intended to be legal or financial advice. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice, and Where To Live Next, Inc. (Parent of Method Properties) and its related entities and affiliates shall not be liable for any damages, losses or other claims arising out of the use of this service. As each situation presents unique circumstances, you should consult with an attorney or financial services advisor to obtain professional advice.

How much is my landlord allowed to increase my rent at the time of lease renewal for my market-rate apartment (non-rent stabilized)? Is there a standard percentage or range?

Related Q&A

Real Estate Q&A Search

Lipsum Lorem Text

Featured Q&A

Should I consider making renovations to my apartment before I sell to increase the value of the property? When does it make sense to do so and how much return can I expect?

When I take possession of my new apartment after the closing, can I change the locks to protect against the former owner retaining access to the unit and mailbox?

What are rent-controlled and rent-stabilized apartments, and what is the difference between the two?

Have a Question?

About Ground IQ

Contact Us