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The current allowable increase for leases expiring between July 1, 2022 through December 31, 2022 is three point six percent (3.6%).
If the landlord wants to increase the rent, he or she must abide by the percentage of the CPI three to 15 months prior to the end of the lease. The allowable rent increase should never exceed 4% in any consecutive 12-month period.
The Tenant Protection Act of 2019 (AB 1482) restricts rent increases in any 12-month period to no more than 5% plus the percentage change in the cost of living (CPI), or 10%, whichever is lower. For increases that take effect on or after Aug. 1, 2022, due to inflation, all the applicable CPIs are 5% or greater.
Is There a Rent Increase Limit in NJ? No, there is no statewide rent increase limit, but there are local municipal laws that control rent in certain areas of the state. The rent increase limits in these municipalities are anywhere from 2-6% per year. Others set the limit based on the consumer price index.
According to AB-1482, the Tenant Protection Act of 2019, the maximum that landlords can raise rents in California is 5% per year, plus the percentage change in the cost of living according to the consumer price index, or 10% of the lowest rent increase at any time during the 12 months (whichever is less).
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If the landlord wants to increase the rent, he or she must abide by the percentage of the CPI three to 15 months prior to the end of the lease. The allowable rent increase should never exceed 4% in any consecutive 12-month period.
The State of New Jersey does not have a law governing rent increases. However, municipalities within the State may adopt ordinances regulating the amount and frequency of rent increases within their specific municipality. A municipalitys ordinance may not cover all rental units.
If your building is older than that, your unit may be subject to the laws limits on annual rent hikes. Those limits come out to 5% plus the local consumer price index or 10%, whichever is lower. With inflation running very high, the laws 10% maximum annual rent hike will take effect starting in August 2022.
The current allowable increase for leases expiring between July 1, 2022 through December 31, 2022 is three point six percent (3.6%).
The California Tenant Protection Act of 2019, or AB1482, limits annual rent increases to no more than 5%, plus the local Consumer Price Index (the inflation rate), or 10%, whichever is lower. Since inflation is so high, a 10% rent increase is lower than 5%, plus the local inflation rate.

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