What Is The Rent Increase For 2024 In Nyc. For leases renewing between october 2023 and september 2024,. The answer is the rent guidelines board (rgb), a group of nine people — all appointed by the mayor — who annually evaluate where rent increases should land.

On june 17, 2024, the nyc rent guidelines board adopted guidelines that apply to leases commencing between october 1, 2024 and september 30, 2025. Visit our vacancy leases page.