Manitoba 2020 Rent Increase Guideline

by | Sep 16, 2019 | Rental Property Management Tips

The 2020 rent increase guideline for Manitoba is set at 2.4 percent.

That figure is slightly higher than the previous year. In comparison, the 2020 rent increase guideline for British Columbia is set at 2.6%, and the 2020 guideline for Ontario is 2.2%.

To increase rent, Manitoba landlords must provide written notice at least three months prior to the rent increase taking effect. The notice must be on an approved Notice of Rent Increase form which can be obtained from the Residential Tenancies Branch.

Generally, landlords may only increase rent one time per year.

The rent increase guideline applies to most residential rentals, except for:
Units renting for $1,545.00 or more per month as of December 31, 2019;
Personal care homes;
Approved rehabilitated rental units;
New buildings less than 15 years old, where an occupancy permit was first issued or a unit was first occupied after April 9, 2001; or,
New buildings less than 20 years old where an occupancy permit was first issued or a unit was first occupied after March 7, 2005.

Landlords do have the option to apply for a larger increase if there is evidence the guideline amount will not cover an increase in costs.

For more information, contact the Manitoba Residential Tenancies Branch.

This post is provided by Tenant Verification Service, Inc., helping landlords reduce the risks of renting with fraud prevention tools that include Tenant Screening, Tenant Background Checks, (U.S. and Canada), as well as Criminal Background Checks, and Eviction Reports (U.S. only).

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Disclaimer: The information provided in this post is not intended to be construed as legal advice, nor should it be considered a substitute for obtaining individual legal counsel or consulting your local, state, federal or provincial tenancy laws.

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