Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

46
Posts
5
Votes
Yi Zhao
  • Investor
  • New York City
5
Votes |
46
Posts

Raising rent after current lease expires

Yi Zhao
  • Investor
  • New York City
Posted

Hi all. I live in Rockville, Maryland. My current rental lease of 4 years is about to expire in Sept 2022. The landlord is raising rent by 12-13% on us if we want to renew. Does anyone know if there are laws in Maryland that limits how much landlords are allowed raise the rent by?

Thanks in advance for any help. Thanks!

Most Popular Reply

User Stats

17,442
Posts
30,110
Votes
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,110
Votes |
17,442
Posts
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied
Quote from @Theresa Harris:

According to what is available online, there is no limit on rent increase unless the county has specific rules.  This was what I found for Rockville.  It appears they only need to give you 90 days' notice.

If you haven't had a rent increase in 4 years, 12% may seem like a lot, but you may find that is what current market rents are.  I don't know what 12% translates to in terms of dollars, but compare your new rent to market value for other rentals and decide if you want to move (and the cost of the move). 


 Also to note here, that applies to the City of Rockville. About 50% of home with a Rockville address are outside the city limits.

business profile image
District Invest Group
5.0 stars
44 Reviews

Loading replies...