Rent Increase Formula:
From: | To: |
This calculator determines the maximum allowable rent increase under Los Angeles County rent control ordinances, which typically cap increases at the lower of (CPI + 3%) or 8% annually.
The calculator uses the formula:
Where:
Explanation: The calculation ensures landlords cannot raise rent more than 8% annually, even if CPI+3% would be higher.
Details: Accurate rent increase calculations are crucial for both landlords and tenants to comply with local ordinances and maintain fair housing practices.
Tips: Enter the current CPI percentage (available from LA County assessor) and current monthly rent. The calculator will show the maximum allowable increase and new rent amount.
Q1: What CPI should I use?
A: Use the most recent Los Angeles-Long Beach-Anaheim CPI for All Urban Consumers (CPI-U) published by the Bureau of Labor Statistics.
Q2: Are there exceptions to these rules?
A: Some properties may be exempt (built after 2005, single-family homes with no corporate ownership), and special rules may apply after vacancy.
Q3: How often can rent be increased?
A: Typically once per 12 months for continuing tenants under LA County rent stabilization.
Q4: What if my property is in a city with different rules?
A: Cities like Los Angeles, Santa Monica, and West Hollywood have their own rent control laws that may differ from county rules.
Q5: Where can I verify current regulations?
A: Check the LA County Development Authority website or consult with a housing attorney for current rules.