Los Angeles Tenants Could Be Facing Significant Rent Hikes in 2025

Los Angeles renters, brace yourselves. A significant rent increase is on the horizon.

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As of July 1, 2024, landlords of rent-stabilized units will be allowed to raise rents by 4%. This means that if you're currently paying $2,800 for a two-bedroom apartment, you could be facing an increase of $112 per month. This comes as a blow to tenants already grappling with the city's high cost of living.

The 4% increase is the maximum allowed under the city's Rent Stabilization Ordinance (RSO) for the period between July 1, 2024, and June 30, 2025. It's important to note that this only applies to units covered by the RSO, which generally includes buildings constructed before October 1, 1978. Newer buildings are exempt, and their rents could rise even more dramatically.

Adding to the burden, landlords who provide gas and electric services to their tenants can tack on an additional 1% increase. This means some renters could see their monthly costs jump by as much as $140, making it even harder to afford basic necessities in an already expensive city.

This rent hike comes at a time when Los Angeles is already facing a severe housing affordability crisis. Many residents are struggling to keep up with rising housing costs, and this increase could push some over the edge.

While the situation may seem bleak, there are resources available for renters. The Los Angeles Housing Department provides information on tenants' rights and can help connect renters with legal assistance if needed.

The Bigger Picture

In the long term, addressing the affordability crisis will require a multi-faceted approach, including building more affordable housing, strengthening tenant protections, and implementing policies to control rising housing costs. Renters need to be aware of their rights and advocate for policies that protect them from exorbitant rent increases.

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