Politics & Government

Rents Will Increase This Year

Tenants will see a 2.25% jump beginning in September.

This year's annual rent adjustment for West Hollywood tenants subject to the city's rent stabilization ordinance is 2.25 percent for Sept. 1, 2011 to Aug. 31, 2012.

The adjustment is required under the city’s rent ordinance and is automatically determined by using 75 percent of the rise in the Los Angeles-Riverside-Orange County consumer price index from May to May each year, according to the city's Rent Stabilization and Housing Commission, which announced the increase at its meeting in late-June.

As of May 2011, the local CPI, which is determined by the Department of Labor’s Bureau of Statistics, showed an increase of 3.1 percent over May 2010. Seventy-five percent of that figure is 2.325 percent, and rounding to the nearest one-quarter of one percent results in a general adjustment of 2.25 percent, the commission reported.

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Tenants are subject to this year's 2.25 percent rent increase if they have lived in their unit for at least 12 months, or at least 12 months have passed since their last rent increase. Landlords must give tenants 30 days written notice as required by state law to receive the rent increase.

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