What is the maximum amount by which a landlord can increase rent in Rhode Island?
In Rhode Island, the maximum amount by which a landlord can increase rent is determined by the state’s Rent Control Act. As of 2021, landlords can raise the rent by a maximum of 4% annually, unless they can demonstrate substantial capital improvements or increased operating expenses. This safeguard ensures that tenants are protected from exorbitant rent hikes, promoting stability and affordability in the housing market.
