City of Inglewood: Current Allowable Annual Rent Increases

With the annual Consumer Price Index (CPI) at approximately 3.6%, the City of Inglewood recently published its allowable, annual rent increase amounts for rental properties with four or fewer units at 8.6% (5% plus CPI) and for 5 or more units at 3.6% (CPI or 3%, whichever is greater).  For rental units charging 80% or less than the “Fair Market Value” rents and upon approval of the City, the allowable annual rent increase amount for rental properties with four or fewer units is 10% and for 5 or more units the allowable increase is 8.6%.  Information regarding the applicable fair market value rents can be viewed by clicking here.