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The Ontario rent increase guideline for 2024 is 2.5%.
The rent increase guideline for 2023 is 2.5%. If you would like to discuss increasing your market rents or if you need assistance applying the guideline, please contact your Program Coordinator.
A Notice to Increase rent is used by a Landlord to inform a Tenant that the rent for the property will be changing in the near future.
Dear [TENANT NAME(S)], As indicated in your lease, your lease at [PROPERTY ADDRESS] will end on [LEASE EXPIRATION DATE ? write in full]. Please note that the monthly rent for the above [PROPERTY ADDRESS] will increase from [OLD RENT AMOUNT] to [NEW RENT AMOUNT] effective [DATE OF NEW LEASE ? write in full].
Illinois does not have a rent control law. Therefore, your landlord can raise your rent as much as he/she deems necessary. However, you should contact your local units of government to see if your city or county has a rent control ordinance.