For 2024, the new AB 1482 figures have established an allowable rent increase of 8.8% for most of Northern California.
AB 1482: Limits annual rent increases to no more than 5% + local CPI or 10% whichever is lower. Provides Just Cause protections to tenants.
Annual General Adjustment announced, effective September 1, 2024. Pursuant to Alameda Municipal Code Section 6-58.60(B), the Annual General Adjustment for September 1, 2024, through August 31, 2025, is 2.7%. The Annual General Adjustment is a cap on the allowed amount of annual rent increase.