Rent Increase Formula:
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California's AB 1482 limits annual rent increases to the lesser of 5% plus the regional Consumer Price Index (CPI) or 10%, whichever is lower. This applies to most rental properties in Los Angeles built more than 15 years ago.
The calculator uses the AB 1482 formula:
Where:
Explanation: The equation ensures rent increases are capped at either 10% or CPI+5%, whichever is lower, to protect tenants from excessive hikes.
Details: AB 1482 helps maintain housing affordability in high-cost areas like Los Angeles by preventing sudden, large rent increases that could displace tenants.
Tips: Enter the current CPI percentage (available from government sources) and your current monthly rent. The calculator will show the maximum allowable increase under AB 1482.
Q1: Does AB 1482 apply to all rental properties?
A: No, exemptions include properties built within the last 15 years, single-family homes (unless owned by corporations), and duplexes where the owner occupies one unit.
Q2: Where can I find the current CPI for Los Angeles?
A: The U.S. Bureau of Labor Statistics publishes regional CPI data. For AB 1482 purposes, use the CPI for the region where the property is located.
Q3: Can landlords increase rent more than once per year?
A: No, AB 1482 limits increases to once every 12 months, regardless of the amount.
Q4: Are there additional local rent control laws?
A: Yes, some cities like Los Angeles have stricter local ordinances that may further limit increases.
Q5: What if my landlord violates AB 1482?
A: Tenants may be entitled to refunds of illegal increases and can report violations to local housing authorities.