In a move to protect renters, the Mayor and Council adopted 5.8% as the Voluntary Rent Guideline for 2023.
The voluntary rent guideline became effective in March. The guideline encourages landlords to hold rent increases to the lowest level possible. The resolution asks landlords to increase rent by no more than 5.8%, or less, if possible.
The voluntary rent guidelines system provides a baseline amount for rent increases that is based on the Bureau of Labor Consumer Price Index for rent of primary residences in the metropolitan region around Washington, D.C.
Questions about the rent guidelines can be directed to the Department of Housing and Community Development’s Housing and Neighborhood Services Division at 240-314-8300. For more on Rockville’s services for landlords and tenants, visit www.rockvillemd.gov/259/Landlord-Tenant-Complaints.