Kristine Gould
Rent Control Administrator & Board Secretary
Alexander J. Graziano, Esq.
Board Attorney
Pursuant to §402-21 of the Rent Control Section of the Township Code, the maximum permissible annual rent increase is 3.0%, or the percentage difference between the consumer price index three months prior to the expiration or termination of the lease and three months prior to the commencement of the lease term, whichever is greater.
Exception for qualified senior [or disabled] tenants. For dwelling units in which at least one tenant is [at least] 62 years of age [or older or is receiving social security disability benefits], the maximum annual permissible rent increase shall be equal to [3.0%, or] the percentage difference between the consumer price index three months prior to the expiration or termination of the lease and three months prior to the commencement of the lease term, [whichever is less]
| Lease commencement month* | JAN | FEB | MAR | APR | MAY | JUNE | JULY | AUG | SEPT | OCT | NOV | DEC |
| 2021 | 1.76% | 1.51% | 1.76% | 1.39% | 1.66% | 2.12% | 3.29% | 3.21% | 4.26% | 3.73% | 4.02% | 4.24% |
| 2022 | 4.86% | 5.5% | 4.97% | 5.82% | 5.71% | 6.79% | 6.77% | 6.97% | 7.87% | 6.99% | 6.88% | 6.10% |
| 2023 | 5.80% | 5.67% | 4.38% | 5.40% | 5.49% | 3.96% | 3.31% | 2.8% | 1.78% | 2.47% | 3.02% | 3.72% |
| 2024 | 3.70% | 3.22% | 3.49% | 3.4% | 3.11% | 3.67% | 4.02% | 4.14% | 4.45% | 4.50% | 3.95% | 3.88% |
| 2025 | 3.73% | 4.07% | 4.13% | 3.91% | 4.21% | 4.00% | 3.82% | 3.38% | 3.42% | 3.18% | 3.11% | 2.96% |
| 2026 | **3.00% |
CPI for the Lease Commencement Month is calculated percentage difference between the consumer price index three months prior to the expiration or termination of the lease and three months prior to the commencement of the lease term (i.e. for leases that commence in July, the percentage change between April of the previous year and April of the current year is used)
**A special meeting of the Rent Control Board was held on 12/2/2025 to address the January, 2026 lease renewals due to the inability of the BLS to provide raw data of the CPI-W for the month of October due to the government shut-down. The rent board approved a 3.0% increase for January and any ensuing months that the BLS is unable to provide raw date to properly calculate the CPI percentage. Â Property owners and/or property managers have the option to assess a retroactive increase should the BLS report raw data resulting in an increase that is greater than 3.0%. Similarly, if the CPI should fall below 3.0%, special populations (seniors and disability recipients) should receive a refund of the difference. Refer to 12.2.25 Rent Control Meeting Documents for an explanation on how this was determined.Â
CPI Increases are released monthly by the Bureau of Labor Statistics (see schedule).
How CPI is calculated for rent control
SOURCE:Â Bureau of Labor Statistics