How to calculate CPI rental increase California

How to calculate CPI rental increase California

Real Estate Investor · Tampa, FL · Member since 2015 · 11 posts · 0 votes

California's AB 1482 law states that rents can only increase 5% + CPI (up to 10%) per year. 

The CPI must be calculated from April-April of the previous year.

1.) I have a tenant renewing their lease in 2 months, but the April CPI isn't out yet -- what's the best way to calculate the rental increase?

2.) If I'm using previous year's numbers, CPI looks to be 4.1%, so adding 5%, that would be 9.1%, correct?

3.) Does anyone have a simple way to find this info, or a free calculator online?

This is for units in San Bernardino County.

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  • Chad HalePro Member
    Property Manager / Investor · San Jose, CA · Member since 2013 · 779 posts · 301 votes
    4y

    @Kenneth Woodall  If you are a member of the California Apartment Association, they have a CPI calculator tool:

    https://caanet.org/topics/ab-1...

    They provide lots of updated information and forms/addendums for leases as well.  Super helpful to be a part of in CA.

    I have no affiliation, kickbacks etc...

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