Ontario Residential Rent Increase For 2023 is 2.5%
Ontario residential rent increase guideline for the year 2023 has been listed on the Ontario government website at 2.5%
Previous rent increase guidelines
The chart below illustrates yearly rent increases, in Ontario, from 2015 to 2023.
| Year | guideline (%) |
|---|---|
| 2023 2022 | 2.5 1.2 |
| 2021 | 0 |
| 2020 | 2.2 |
| 2019 | 1.8 |
| 2018 | 1.8 |
| 2017 | 1.5 |
| 2016 | 2.0 |
| 2015 | 1.6 |
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