How Much Can Your Landlord Raise Your Rent in NYC?

Nick at Hauseit (https://www.hauseit.com) reveals how much your NYC landlord can legally raise your rent. Save money when buying in NYC with Hauseit: https://www.hauseit.com/buyer-closing-credit/

Learn how to save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. How it works: https://www.hauseit.com/how-it-works/
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You need to first find out what type of property you live in. Is your apartment a free market, unregulated apartment, or is it subject to some sort of regulation, for example, a rent-stabilized or in rare instances, a rent-controlled apartment?

There is no limit to how much a landlord of an unregulated free market apartment can raise your rent year over year. However, free market landlords are required to adhere to certain minimum notice requirements for raising your rent by more than 5% or for declining to offer you a renewal.

If your landlord fails to adhere to these minimum notice requirements, you're entitled to remain in the unit at the current rent until that full notice period has elapsed. Learn More: https://www.hauseit.com/how-much-can-landlord-raise-rent-nyc/
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Save money when buying, selling and renting real estate in New York and Florida with Hauseit (https://www.hauseit.com). Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. Learn how it works: https://www.hauseit.com/how-it-works/

Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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