Rent Guidelines for 2024
November 23rd, 2023 by SNJ
Rent Guidelines
The rent increase guideline is the amount by which landlords can increase the rent of units without applying to the Residential Tenancies Board. The Manitoba Government will increase the rent guideline by 3% starting January 1, 2024. This means that rent cannot be raised more than 3% in the year of 2024 with the exception of an application to the Residential Tenancies Board.
Notice
For landlords to increase rent, they must give written notice to their tenants at least 3 months before the rent increase will take effect. To ensure that this written notice is in the proper form containing all of the required information, landlords can download the Notice of Rent Increase form from the Residential Tenancies Branch website, which can be used as an electronic document or as a printed copy. Once the notice has been delivered to the tenant, landlords need to submit an unsigned copy of the form to the Residential Tenancies Branch within 14 days of the tenant receiving the notice.
Click here to download the form: https://www.gov.mb.ca/cca/rtb/ot/download.html#eforms.
Exceptions
There are certain residential units that are exempt from the rent increase guidelines, including:
- units renting for $1,615.00 or more a month
- units managed by, or for, the Government of Canada, Government of Manitoba or a municipality
- caretaker/employee units
- life lease complexes that are run on a non-profit basis
- rental units in hotels or motels
- units in nursing homes or personal care homes
- student housing
- commercial tenancies
- If a complex was built and occupied after March 7, 2005, the units are exempt from the guideline for 20 years.
Application for Larger Rent Increase
Landlords are able to apply to the branch for a larger rent increase if they can show that the guideline amount will not cover their cost increases. These costs must be increases that have already occurred and not increases that are anticipated to occur. Landlords should note that a filing fee will be required for this application to be evaluated. The fee amount will depend on how many rental units the landlord is seeking larger increases for, ranging from $150.00 – $1,000.00. Supporting documentation must be submitted with the application for the application to be filed. All documentation must be submitted to the Residential Tenancies Branch no later than 14 days after the beginning of the 3 month notice period.
Click here to access the form and more information: https://www.gov.mb.ca/cca/rtb/ot/afri.html.
We remind landlords to consult the Residential Tenancies Branch website and comply with all of the regulations in the Residential Tenancies Act and Regulations.
Notice: The articles on our website are provided for general information purposes only and should not be relied upon as legal advice or opinion. They reflect the current state of the law as at the date of posting on the website, and are subject to change without notice. If you require legal advice or opinion, we would be pleased to provide you with our assistance on any of the issues raised in these articles.
