Rent Increase is Now 10%

Feb 1, 2024 | Library

Good news or perhaps not so good news… the Consumer Price Index (CPI) for Orange County is now 7.9%.

Therefore, effective August 1, 2022, and through July 31, 2023, for residents that are NOT subject to any local rent control limits, you may increase rent in Orange County by 10%.  If you have already increased rent one time in the previous 12 months by an amount less than 10%, you may increase it a second time to make it a total of 10%.

I hope this was helpful and feel free to reply with any questions you may have or call me at 949-209-9494 or visit GenuineManaged.com to learn more about us.

Marcel Ford
Genuine Property Management

* We are not attorneys nor financial or tax advisors and the information above we deem to be accurate but is not guaranteed.