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Every rule here, word for word (4)
State law applies here too. Where both cover a rental, the stricter city rule usually wins; each rule below says so.
New York City lawDepends on the building
NYC Rent Control (Maximum Base Rent system)
How much can my rent go up?
Max 7.5% a year, or less.
The cap is the lower of 7.5% or the average of the last 5 yearly board increases.
Depends on the year the building was built.
Who it covers
Buildings built before Jan 1, 1947.
Covers: Rent controlled apartments, generally in buildings constructed before 1947.
The law, word for word
“In New York City, rent control operates under the
Maximum Base Rent (MBR) system …”
New York City Rent and Eviction Regulations · hcr.ny.gov · Retrieved Oct 6, 2026
New York lawDepends on the building
NY rent control increase limit
How much can my rent go up?
Max 7.5%, or less.
It's the smaller of 7.5% or the average of the last 5 yearly city board increases.
Depends on the year the building was built.
Who it covers
Buildings built before Feb 1, 1947.
The law, word for word
“Now, a landlord is limited to increasing a rent-controlled tenant’s rent by the average of the five most recent Rent Guidelines Board annual rent increases for one-year lease renewals, or 7.5% (whichever is less)”
N.Y. Rent Control Law · ag.ny.gov · Retrieved Oct 6, 2026
The rent increase is 0% on 1-year and 2-year leases that start from Oct 1, 2026.
Depends on the year the building was built or the number of units.
Who it covers
Buildings built before Jan 1, 1974.
Buildings with 6 or more units.
Covers: Rent stabilized apartments: generally buildings with 6+ units built before 1974, or newer buildings receiving 421-a/J-51 benefits; not co-ops/condos for post-conversion tenants.
Exemptions: Apartments deregulated before June 14, 2019 remain deregulated; MCI increases barred in buildings with 35% or fewer rent regulated apartments.
In force since
Oct 1, 2026
Enacted
Jun 25, 2026
Figure period
until Sep 2027
The law, word for word
“For a one-year lease commencing on or after October 1, 2026 and on or before
September 30, 2027:
0% …”