CPI Percentages for Rent Increases Effective 8/1/2024 or Later

Community, Industry, Legislative Updates,

The Bureau of Labor Statistics has released reports for CPI-U changes from March 2023 to March 2024. 

CPI Percentages for Rent Increases Effective August 1, 2024, or Later:

  • San Diego CPI: 3.6%
    • Max Increase = 8.6%
  • Riverside CPI: 4.3%
    • Max Increase = 9.3%
  • Imperial County CPI: 3.8%
    • Max Increase = 8.8%

California law, (Civil Code 1947.12 (g)(3)(B)(iii), requires that the percentage change shall be rounded to the nearest one-tenth of 1 percent.