How much can my rent go up?
In most cases, your landlord can only raise your rent by a percentage called the “guideline”.
The rent increase guideline
The guideline is set by the government. By the end of each August, the government announces the guideline for the next calendar year.
For the year 2023, the guideline amount is 2.5%. In 2022, it was 1.2%.
Above-guideline increases
Your landlord can apply to the (LTB) for approval to raise the rent by more than the guideline.
Exceptions
These rent rules don't apply to some rental units. For example, if you live in or if you must share a kitchen or bathroom with your landlord or their family, they might not apply.
