Annual Allowable Rent Increase Announced

Date Posted: June 16th, 2021 @ 8:59 PM
Last Updated: June 8th, 2022 @ 4:02 PM

CPI Announcement Update: The City Council has adopted an amendment to change the formula used to calculate the annual allowable rent increase to 60% of the change in CPI, or 3%, whichever is lower. Effective August 1, 2022, the new annual CPI rent increase will be 3%. The current 1.9% CPI increase will remain in effect until July 31, 2022.

Please click here for the new info sheet related to Annual Allowable Rent Increase and click here for the new info sheet related to the Uniform Residential Tenant Relocation Ordinance. For more information, call (510) 238-3721 or email RAP@oaklandca.gov.