Set 2025 rent increase limit at 1.62% for existing tenants

Rent Board & TenantsHousingRent Program

In Plain English

The city caps how much landlords can raise rent each year for tenants who moved in before September 1, 2024. This year's limit would be 1.62%, meaning a $2,000 monthly rent could increase by up to $32. Newer tenancies are not covered by this rent control.

Auto-generated summary. Source: official agenda documents.