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Rent Increase Guidelines: 2023 Summary
Rent increases are inevitable. They’re necessary so landlords can offset their increased expenses from property maintenance and ensure that the tenants’ homes are in good living condition. Each province and territory has its own regulations on how often rent can be increased and how much it can be increased.
Each year, the standards landlords have to abide by in order to legally increase rent go through changes. Read on for a summary of the guidelines for increasing rent on residential units for 2023.
Rent Increase Guidelines 2023
(By Province)
Whether you’re a landlord looking to increase rent or a tenant who received a notice of rent increase, be sure that all the necessary forms are completed in order to prevent conflict with the other party.
2023 Rent Increase Guideline: 2%
Written Notice: Landlords have to provide 90 days of proper written notice
Notice of Rent Increase Forms:
-
- RTB-7 Notice of Rent Increase
- RTB-52 Application for Additional Rent Increase
- RTB- 45 Notice of Standard Rent Increase- Manufactured Home Site • RTB-11a Notice of Rent Increase- Manufactured Home Site
Landlords can increase rent once every 12 months.
Click here for more information about rent increase guidelines in British Columbia.
2023 Rent Increase Guideline: No rent increase limit
Written Notice: Landlords have to provide 90 days of proper written notice
Notice of Rent Increase Must Include:
- The date
- The effective date of the increase • The new rent amount proposed
- The landlord’s signature
Landlords can increase rent once every 12 months.
Click here for more information about rent increase guidelines in Alberta.
2023 Rent Increase Guideline: No rent increase limit
Written Notice for Members of SKLA and NPHPS: Landlords have to provide 6 months of proper written notice
Written Notice for Non-Members: Landlords have to provide 12 months of proper written notice
Notice of Rent Increase Forms:
- Form 5- Notice of Rent Increase
- Form 5a- Notice of Rent Increase for Approved Landlord Association Members
Landlords who are members of SKLA and NPHPS can increase rent once every 12 months.
Landlords who are non-members can increase rent once every 18 months.
Click here for more information about rent increase guidelines in Saskatchewan.
2023 Rent Increase Guideline: Rent Freeze
Written Notice: Landlords have to provide 90 days of proper written notice
Notice of Rent Increase Forms:
- Form 1A- Notice of Rent Increase
- Form 3- Notice of Rent Increase Above Amount Permitted by Regulation
Landlords can increase rent once every 12 months.
Click here for more information about rent increase guidelines in Manitoba.
2023 Rent Increase Guideline: 2.5%
Written Notice: Landlords have to provide 90 days of proper written notice
Notice of Rent Increase Forms:
- RTB-7 Notice of Rent Increase
- RTB-52 Application for Additional Rent Increase
- RTB- 45 Notice of Standard Rent Increase- Manufactured Home Site
- RTB-11a Notice of Rent Increase- Manufactured Home Site
Landlords can increase rent once every 12 months.
Click here for more information about rent increase guidelines in Ontario.
2023 Rent Increase Guideline: No increase limit, however, the recommended increase rates are published based on the type of dwelling
Written Notice:
- For tenancies of one year or more: 3 months of proper written notice
- For tenancies of less than one year: 1 month of proper written notice
- For tenancies that do not have a set end date: 1 month of proper written notice
Notice of Rent Increase Forms:
- Notice of Rent Increase and Modification of Another Condition of the Lease
- Lessee’s Response to a Notice of Rent Increase and Modification of Another
Condition of the Lease
Landlords can increase rent once every 12 months.
Click here for more information about rent increase guidelines in Quebec.
2023 Rent Increase Guideline: No increase limit
Written Notice: Landlords have to provide 6 months of proper written notice
Notice of Rent Increase Must Include:
- The name and contact details of the landlord
- The address of the rental unit
- The current rent amount
- The new rent amount proposed
- The date when the increase will take effect
- The date and signature of the landlord
Landlords can increase rent once every 12 months.
Click here for more information about rent increase guidelines in New Brunswick.
2023 Rent Increase Guideline: 2%
Written Notice:
- For monthly tenancies: 4 months of proper written notice
- For weekly tenancies: 8 weeks of proper written notice
Notice of Rent Increase Must Include:
- The name and contact details of the landlord
- The address of the rental unit
- The current rent amount
- The new rent amount proposed
- The date when the increase will take effect
- The date and signature of the landlord
Landlords can increase rent once every 12 months.
Click here for more information about rent increase guidelines in Nova Scotia.
2023 rent increase guidelines: Rent freeze until December 2023 due to Bill 80, An Act to Amend the Rental of Residential Property Act.
Written Notice:
- For monthly tenancies: 3 months of proper written notice
- For weekly tenancies: 3 weeks of proper written notice
Notice of Rent Increase Forms:
- Form 10 Notice of Rent Increase
- Form 12 Application by Lessor for Approval of Rent Increase Exceeding Percentage Allowed by Regulation
- Form 15 Lessor’s Statement of Income and Expenses
- Form 13 Application by Lessee for Review of Proposed Rent Increase
Landlords can increase rent once every 12 months.
Click here for more information about rent increase guidelines in Prince Edward Island.
2023 Rent Increase Guideline: No increase limit
Written Notice:
- For monthly tenancies: 6 months of proper written notice
- For weekly tenancies: 8 weeks of proper written notice
Notice of Rent Increase Forms:
- RTB-7 Notice of Rent Increase
- RTB-52 Application for Additional Rent Increase
- RTB- 45 Notice of Standard Rent Increase- Manufactured Home Site
- RTB-11a Notice of Rent Increase- Manufactured Home Site
Landlords can increase rent once every 12 months.
Click here for more information about rent increase guidelines in Newfoundland and Labrador.
2023 Rent Increase Guideline: 3.3%
Written Notice: Landlords have to provide 3 months of proper written notice
Notice of Rent Increase must include:
- The name and contact details of the landlord
- The address of the rental unit
- The current rent amount
- The new rent amount proposed
- The date when the increase will take effect
- The date and signature of the landlord
Landlords can increase rent once every 12 months.
Click here for more information about rent increase guidelines in Yukon.
2023 Rent Increase Guideline: No increase limit
Written Notice: Landlords have to provide 3 months of proper written notice
Notice of Rent Increase Must Include:
- The name and contact details of the landlord
- The address of the rental unit
- The current rent amount
- The new rent amount proposed
- The date when the increase will take effect
- The date and signature of the landlord
Landlords can increase rent once every 12 months.
Click here for more information about rent increase guidelines in Northwest Territories.
2023 Rent Increase Guideline: No increase limit
Written Notice: Landlords have to provide 3 months of proper written notice
Notice of Rent Increase Must Include:
- The name and contact details of the landlord
- The address of the rental unit
- The current rent amount
- The new rent amount proposed
- The date when the increase will take effect
- The date and signature of the landlord
Landlords can increase rent once every 12 months.
Click here for more information about rent increase guidelines in Nunavut.
Easy Rent Collection Is Here
Using SingleKey’s Rent Collection platform, landlords can effortlessly collect and manage their rental payments online, without the hassle of spreadsheets and cheques.
Invite your tenant to online rental collection today.
Contact
- 226-605-6581
- info@singlekey.com
- 10 Dundas St E, Suite 600, Toronto, ON, M5B 2G9, Canada
- 42 Carden Street, Guelph, ON, N1H 3A2, Canada
The SingleKey Rent Guarantee coverage is provided by Lloyds 
, rated A+ by A.M. Best. Coverage is offered in the form of a surety performance bond. SingleKey is a participating member of Protected Cell Captive insurance company that is one hundred percent reinsured within the Lloyd’s Market rated A+ by A.M. Best.
, rated A+ by A.M. Best. Coverage is offered in the form of a surety performance bond. SingleKey is a participating member of Protected Cell Captive insurance company that is one hundred percent reinsured within the Lloyd’s Market rated A+ by A.M. Best.