it really vaies state to state... there really is not limit- as long as ur apartment doesnt have a thing to do with the goverment-- ex- substdized, insured, etc
i livved in denver-- very nice apt-- 3rd floor- fireplace, parking, pool, fitness, heat--- i paid 450 a month- a steal-- the 4rd year went to 875.... nothing could be done
check ur contract---... most cant be raised if u have a 1 year- within that year- unless the ownser occurs very high bills- like oil, eletric..
good luck
2006-11-28 18:19:29
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answer #1
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answered by mikey 3
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On a one year lease, the rent cannot be raised until the year is over. If you are month to month, i would check with your state. There are housing laws IN EVERY STATE and they usually have guidelines. For instance, in MI, you cannot raise the rent more than 10% per year. (If your rent is $600.00 it can only be raised $60)
2006-11-29 15:28:17
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answer #2
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answered by kimmamarie 5
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When one rents there is usually a contract that stipulates what the rent is. I would ask the landlord want the rent would be to renew. Also, the area determines rates more than anything else. A dirty 'hood gets less rent than a cleaner one.
2006-11-29 02:36:22
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answer #3
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answered by ? 5
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In most states, there is no limit other than what someone is willing to pay, as long as they provide proper advance notice of the increase (30 days is usually the case).
2006-11-29 08:57:06
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answer #4
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answered by kingstubborn 6
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You're only obligated to give a 30 day notice to move. Check to see if the lease is as being renewable or non-renewable.
2006-11-29 02:26:51
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answer #5
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answered by challengeauthority 2
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That varies widely. You need to check with the rental laws of the area you live in.
2006-11-29 02:20:07
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answer #6
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answered by Calina 6
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Month to month?? They can raise it whenever they want.
No limit either.
2006-11-29 02:19:40
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answer #7
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answered by Anonymous
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12% per year
2006-11-29 02:20:05
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answer #8
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answered by Nouhime 4
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