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Updated almost 5 years ago on . Most recent reply

Whats is the sufficient Rent increase
I have not raise the rent for 2 years. I am debating for how much I have to raise it. Any suggestions?
Most Popular Reply

Originally posted by @Oleksandr Ivanovskiy:
I have not raise the rent for 2 years. I am debating for how much I have to raise it. Any suggestions?
A good rule of thumb: don't raise the rent by more than 5% per year. Any more and the sharp rent increase often jolts the tenant into moving – even if you're raising the rent no higher than nearby market rates