How much can B.C. landlords increase rent? - InfoNews

Current Conditions

Sunny
-1.1°C

How much can B.C. landlords increase rent?

September 09, 2018 - 6:00 PM

The maximum annual allowable rent increase will go up from 4.0 per cent to 4.5 per cent in 2019.

For manufactured home park tenancies, the rate is 4.5 per cent plus a proportional amount for the change in local government levies and regulated utility fees.

This is based on the B.C. Consumer Price Index and the formula for rent increases in British Columbia.

Landlords can choose to increase rent once annually. They must provide tenants with three full months notice using the correct notice of rent increase form.

A media release explains the inflation rate is calculated using the 12 month average percentage change in the Consumer Price Index for British Columbia ending in July, which is at 2.5 per cent. Therefore, the maximum allowable increase for 2019 is 4.5 per cent.

Use the tool on this page to see how much more you could be charged in rent.


To contact a reporter for this story, email Shelby Thevenot or call (250) 819-6089 or email the editor You can also submit photos, videos or news tips to the newsroom and be entered to win a monthly prize draw.

We welcome your comments and opinions on our stories but play nice. We won’t censor or delete comments unless they contain off-topic statements or links, unnecessary vulgarity, false facts, spam or obviously fake profiles. If you have any concerns about what you see in comments, email the editor in the link above. 

News from © InfoTel News Ltd, 2018
InfoTel News Ltd

  • Popular penticton News
  • Comments
View Site in: Desktop | Mobile