Letter from Landlord to Tenant about Intent to increase rent and effective date of rental increase - Colorado 2026

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This document is a notice of rent increase addressed to a tenant, informing them of changes to their lease agreement. It outlines the new monthly rent amount effective upon lease renewal and specifies the tenant's options regarding lease renewal or moving out. The notice emphasizes the need for timely communication from the tenant regarding their decision to accept the rent increase or vacate the premises.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the date at the top of the letter. This is crucial for establishing the timeline of the notice.
Fill in the tenant’s name and address of the premises where they reside. Ensure accuracy to avoid any confusion.
In the body of the letter, specify the date of the original lease agreement and include details about lease expiration and renewal options.
Clearly state the new monthly rent amount and effective date for this increase. This section is vital for transparency.
Indicate how tenants can respond if they do not accept the increase, including providing a 30-day notice if they choose to move out.
Finally, sign off with your name or that of an authorized agent, ensuring all parties are aware of who issued this notice.

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How to write a letter to tenants about rent increase?

A notice of rent increase letter should include the following: Your name and contact information. Date of document. A greeting that addresses each tenant by name. The propertys address. The date the original lease went into effect. The date the original lease will end. The current rent amount. The proposed new rent amount.

What is the average rent increase in Colorado?

The average Aurora rent price is $2,648 with a year-over-year rent price increase of 3% The average Denver rent price is $3,102 with a year-over-year rent price increase of 2% The average Colorado Springs rent price is $2,233 with a year-over-year rent price increase of 1%

What is the maximum amount a landlord can raise the rent?

No, the California Tenant Protection Act of 2019 explicitly states that landlords can raise rent annually by 5% plus the local inflation rate (CPI), or 10%, whichever is lower. The maximum allowable increase is thus 10%, nothing more. Lets look back to when inflation was at its highest in 2022 up to early 2023.

How much notice is required to raise rent in Colorado?

Under Colorado law, landlords: Must provide home owners renting lot space with at least 60 days written notice before any rent increase takes effect, and. Are limited to one rent increase per tenant within any 12-month period of consecutive occupancy.

How much notice does a landlord have to give to raise rent in Colorado?

Rent Increase Requirements Under Colorado law, landlords: Must provide home owners renting lot space with at least 60 days written notice before any rent increase takes effect, and. Are limited to one rent increase per tenant within any 12-month period of consecutive occupancy.

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What is the average rent increase per year in Colorado?

Year-Over-Year Change in Average Rent: 3-BR SFRs The average Boulder rent price is $3,749 with a year-over-year rent price increase of 7% The average Aurora rent price is $2,648 with a year-over-year rent price increase of 3% The average Denver rent price is $3,102 with a year-over-year rent price increase of 2%