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Amanda, Other/Just Looking in Arcadia, CA

What is a fair rent increase on a $1000. residential rental property?

Asked by Amanda, Arcadia, CA Mon Jun 9, 2008

I rent a property in arcadia. This is my first year here in the home and the landlord wants to raise the rent by 150.00 dollars. Is this legal?

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Answers

7
There is no rent control in Arcadia so there is no legal protection here.

Take a look at other rentals in the area and if you think the increase will bring the rent to above-market value you can always negotiate the increase down; losing a tenant is costly to a landlord so you may have some success.
0 votes Thank Flag Link Sun Mar 8, 2015
Depends...do you want to keep the tenants? Sometimes raising the rent slowly and allowing your tenant to become acclimated is a better solution than having to find a new tenant or allow a place to go vacant for a month or two.
0 votes Thank Flag Link Fri Mar 6, 2015
Rental prices have gone up quite a bit. It is legal as long as there is nothing in your original lease putting a maximum on increases.
0 votes Thank Flag Link Fri Mar 6, 2015
You are not in a rent control district so your rent can be increased after the lease is up by as much as the land lord wants. While you are under lease the rent can not be increased at all.
0 votes Thank Flag Link Thu Jan 29, 2015
If the terms of your present lease agreement have been met, i.e. expired, the lessor--at their option--can renew your lease at the same level you were paying, or increase your monthly lease payment as they see fit. If the additional amount of $1,800.00 (assuming a twelve month lease period) factors higher than ten or twelve percent of what you were currently paying, you may want to consider looking for a more affordable home to lease elsewhere, or, if you can afford to, purchase a home and begin building building equity through home ownership.

Gene Glasco
http://www.GeneGlasco.com
0 votes Thank Flag Link Sat Oct 17, 2009
Yes this is legal in Arcadia since there is no rent control and as long as you do not have any different provisions in your lease agreement. You can look at what the going rent prices are by checking rentals.com or realtor.com and see if this is a good rate for your area or too much.
0 votes Thank Flag Link Sat Jun 27, 2009
Hi Amanda,

Yes, if you lease contract is up. And you should read what your contract says. If you sign a one-year lease agreement, the landlord has to honor the terms of the contract. If you have month to month lease agreement, at the end of the month the landlord has the right to change the terms and rise your rent. If you are willing to sign a longer contract you may be able to convince him to not rise the rent. If I can help you by providing you a list of homes leased in the past few months let me know. So you will know if you are paying a fair price.

good luck!!

Homa
0 votes Thank Flag Link Mon Jun 9, 2008
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