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Updated over 6 years ago on . Most recent reply

Shvonne C.'s profile image
Shvonne C.'s profile image
Shvonne C.
  • from Stratford, CT
  • Member since Aug 1, 2014
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Shvonne C.'s profile image
Shvonne C.'s profile image
Shvonne C.
  • from Stratford, CT
  • Member since Aug 1, 2014
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Shvonne C.
  • Stratford, CT
27
Votes |
51
Posts
General Landlording & Rental Properties

How much can I increase the rent?

Shvonne C.
  • Stratford, CT
Posted

I'm in Connecticut. 

I purchased a 2 family and the 1br had a tenant. They pay $1000/mo now. Rents in the area for a 1br can go up to $1150.

I couldn't find any law that capped increases at lease renewal, if I go to $1100 that's a 10% increase... is that bad? She's a good tenant, don't want to run her off.

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