(Justin Sullivan / Getty…)
April showers often bring May rent hikes in Chicago, as many renters look into renewing their leases.
How much can a landlord legally raise the rent in Chicago from one year to the next? There are no state rent control laws, so the answer is: however much they want to, as long as their current tenants or prospective new tenants will bite.
"Landlords can raise rent as much and as often as they want" between leases, said John Bartlett, the executive director of the city's Metropolitan Tenants Organization, as long as they give tenants at least 30 days' notice.
Bartlett said his organization has recently heard more cases of significant rent hikes, "particularly in areas like the North Side, and even out to Logan Square."
Meanwhile, he said, neighborhoods that have experienced less growth in recent years, such as Bridgeport and Englewood, are not seeing the same dramatic changes.
RedEye asked readers on Facebook how much their rents were being increased this year, and the responses were mixed; a few people said they weren't seeing any increase this year, while others said their rents were going up anywhere from 3 and 10 percent.
A man with a three-bedroom in Rogers Park said his rent was going up $75, to $2200 a month. A woman with a one-bedroom in Ravenswood said her rent was going up $125--more than 10 percent of her current rent. And many people, including renters in Pilsen and the South Loop, said their rent was going up by an even $100.
"It'll be $100 if I stay," a commenter from North Center said, "which I'm not."
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