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Home/Resources/Renter Advice/How much can you raise rent in NYC in 2026?

How much can you raise rent in NYC in 2026?

7013 views 5 Updated on April 2, 2026 Jacob Thomason

jacob-thomason Updated on April 2, 2026 7013 views 5

rental laws in nyc

ent in New York City does not stay the same for long. Rules change, new laws come in, and many tenants and landlords feel confused about what is actually allowed.

This guide is updated for 2026 to give you clear and latest answers. Recent laws like the Good Cause Eviction Law now limit how much rent can increase in many cases and add new rules for notices and lease renewals.

If you are a landlord or a tenant, you need to know how much rent can increase without breaking the law. You should also know when a rent increase is too high or unfair.

In this guide, you will understand how rent works across different unit types, how much rent can increase, and what rules you must follow in NYC today.

  1. How much can you raise rent in NYC?
  2. What is the rent cap in NYC?
  3. NYC rent increase laws for 2026
  4. How often can a landlord raise rent in NYC?
  5. Rent increase notice in NYC
  6. Does NYC have rent control?
  7. Can a landlord raise rent by more than 10% in NYC?
  8. What are the new rental laws in NYC 2026?
  9. Manage NYC Rent Changes Without Risk with RentPost

How much can you raise rent in NYC?

The amount you can raise rent in NYC depends on the classification of the property you are renting out.

Rent-stabilized units: Buildings with six or more apartments built before 1974 fall under this category. The NYC Rent Guidelines Board sets the increase every year. For leases starting between October 2025 and September 2026, rent can increase by 3% for one-year leases and 4.5% for two-year leases. Landlords can apply this increase only at the time of lease renewal.

Rent-controlled units: Older buildings built before 1947 with long-term tenants follow this system. Rent increases are not based on market demand. Instead, the government sets limits using the Maximum Base Rent system and reviews them every two years based on operating costs.

Free-market or unregulated units: Apartments that do not fall under rent control or stabilization follow market rules. Landlords can increase rent after the lease ends, but they must give proper written notice if the increase is 5% or more, based on how long the tenant has stayed.

What is the rent cap in NYC?

Rent caps in NYC apply only to rent-stabilized apartments. The NYC Rent Guidelines Board sets these limits every year based on inflation, housing costs, and market conditions.

2025–2026 (latest update): For leases starting between October 1, 2025 and September 30, 2026, the rent cap is 3% for one-year leases and 4.5% for two-year leases.

2024–2025: For leases starting between October 1, 2024 and September 30, 2025, the cap was 2.75% for one-year leases and 5.25% for two-year leases.

2023–2024: For leases starting between October 1, 2023 and September 30, 2024, the cap was around 3% for one-year leases and about 2.75% to 3.2% for two-year leases.

Rent cap in NYC

NYC rent increase laws for 2026

Good Cause Eviction Law: This law came into effect in April 2024 and continues to apply in 2026. It mainly focuses on eviction rules, but it also sets limits on what counts as a reasonable rent increase.

Under this law, landlords cannot raise rent to a level that is considered “unreasonable.” A rent increase is usually seen as unreasonable if it is higher than 5% plus the Consumer Price Index (inflation) or 10%, whichever is lower.

In 2026, the CPI in NYC is around 3% to 3.2%. This means the calculation works like this: 5% base increase plus about 3% inflation, which brings the total to around 8% to 8.2%. This is why most rent increases above this range may be seen as unreasonable under the law.

Good Cause Eviction Law Calculation

If a landlord increases rent beyond this level, tenants can challenge it in court. In some cases, landlords may still justify a higher increase if they can prove higher costs, such as major repairs or rising expenses.

How often can a landlord raise rent in NYC?

In NYC, landlords cannot increase rent at any time they want. In most cases, rent can only increase when the lease ends, and the timing depends on the type of rental unit.

Rent-stabilized units: Rent increases usually happen once a year at lease renewal. The increase must follow the rates set by the NYC Rent Guidelines Board, so landlords do not have full control over how often or how much they raise rent.

Rent-controlled units: Rent increases do not happen every year. The government reviews and adjusts rent under the Maximum Base Rent system, usually every two years, based on property costs rather than market demand.

Free-market or unregulated units: Landlords can increase rent after the lease expires. There is no fixed schedule, but they cannot increase rent during an active lease unless the lease allows it.

Rent increase notice in NYC

The Housing Stability and Tenant Protection Act of 2019 introduced strict rules for rent increase notices, especially for non-regulated units.

If a landlord plans to increase rent by 5% or more, they must give written notice before the increase takes effect. The required notice period depends on how long the tenant has lived in the unit.

Tenants who have lived in the apartment for less than one year must receive at least 30 days’ notice. Those who have stayed between one and two years must receive 60 days’ notice. Tenants who have lived in the unit for more than two years must receive 90 days’ notice.

Rent increase notice period in NYC

These rules also apply to month-to-month tenants. The goal is to give tenants enough time to plan, negotiate, or move before a rent increase takes effect.

Does NYC have rent control?

Yes, NYC still has rent control, but it applies to a very small number of apartments today.

Rent control is an older system that mainly covers buildings built before 1947 where tenants have lived continuously since before July 1, 1971. Over time, this system has been phased out as tenants move out or pass away, and many of these units shift into rent stabilization.

According to the NYC Rent Guidelines Board, there are still about 16,000 to 16,400 rent-controlled units in New York City today.

Rent in these apartments is not based on market demand. Instead, it follows the Maximum Base Rent (MBR) system set by the state. Under this system, rent is reviewed every two years and can increase gradually based on building costs.

In general, landlords can increase rent by up to 7.5% per year until the unit reaches its maximum allowed rent, but tenants can challenge increases if conditions are not met.

This is why rent control now applies to only a small share of NYC housing, while most regulated apartments fall under rent stabilization.

Can a landlord raise rent by more than 10% in NYC?

In most cases, no, the landlord can not raise the rent more than 10% in NYC. Under the Good Cause Eviction Law, a rent increase is considered unreasonable if it is higher than 5% plus inflation (CPI) or 10%, whichever is lower.

This means 10% is not the standard limit. The actual allowed increase depends on inflation. For example, if inflation is around 3%, a reasonable increase comes to about 8%, not 10%.

If a landlord raises rent above this level, tenants can challenge the increase in court.

What are the new rental laws in NYC 2026?

Several laws shape how rent, eviction, and tenant rights work in NYC today. Some are older but still active, while others are recent updates.

Housing Stability and Tenant Protection Act of 2019: This is the foundation law that still applies in 2026. It made rent regulation permanent and removed many ways landlords used to take apartments out of rent stabilization. It also limited rent increases after renovations and protected tenants paying preferential rent. Overall, it reduced sudden rent spikes and kept more units under regulation.

Good Cause Eviction Law (2024): This is the most important recent update. It protects many tenants in market-rate apartments. Landlords must now show a valid reason to evict or not renew a lease. The law also allows tenants to challenge rent increases that are considered unreasonable.

Under this law, rent increases above 5% plus inflation or 10%, whichever is lower, are considered unreasonable in most cases. This rule is updated yearly based on inflation.

Mandatory Good Cause notice (2024 update): Landlords must now inform tenants whether their apartment is covered under the Good Cause law. This notice must be included in leases, renewals, and rent increase notices.

Rent increase notice rules (HSTPA): The 2019 law also introduced strict notice rules. If rent increases by 5% or more, landlords must give 30, 60, or 90 days’ notice based on how long the tenant has lived in the unit.

Short-Term Rental Law (Local Law 18): This law regulates short-term rentals like Airbnb in NYC. It requires hosts to register with the city before renting out a unit for less than 30 days. Booking platforms cannot allow listings that are not registered.

The law also limits how rentals can operate. Hosts must stay in the unit during the guest’s stay, cannot rent out entire apartments for short stays, and can only host up to two guests at a time.

The goal of this law is to reduce illegal short-term rentals and keep more housing available for long-term residents.

Manage NYC Rent Changes Without Risk with RentPost

Rent rules in New York City keep changing, and 2026 brings stricter control and clearer guidelines for both landlords and tenants. Laws like the Housing Stability and Tenant Protection Act and the Good Cause Eviction Law have reduced sudden rent hikes, improved notice rules, and added stronger tenant protections.

Today, rent increases are no longer fully flexible. They depend on unit type, legal limits, and proper notice periods. This makes it important to understand how your property is classified and what rules apply before making or accepting any rent change.

If you want to manage rent increases, track tenants, and stay compliant without confusion, Property Management Software like RentPost can help. It lets you handle rent changes, notices, and lease tracking in one place, so you can manage rentals smoothly and avoid costly errors.

The key is simple. Stay updated, follow the rules, and avoid shortcuts. Even small mistakes can lead to disputes or legal issues.

Author

  • jacob thomason rentpost
    Jacob Thomason

    Jacob Thomason is the CEO and co-founder of RentPost, a powerful software platform designed to streamline property management for landlords, property managers, and owners. A seasoned software entrepreneur, Jacob brings a wealth of expertise spanning business concept design, software architecture, and development. Since 2009, he has been at the helm of RentPost, helping property professionals simplify operations and maximize efficiency.

    View all posts CEO

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