Washington lawmakers have been actively debating legislation to cap rent increases. Recent proposals have aimed to limit annual rent increases, with specific percentages being discussed.
It’s important to understand that the landscape of rental regulations is dynamic, and proposals are frequently under consideration.
For example, there has been proposals to limit annual rent increases to 7% every 12 months. Landlords could set the rent at whatever level they want at the start of someone’s tenancy. The bill also requires landlords to give 180 days’ notice before an increase of 3% or more and limits some move-in and deposit fees.
There are some exceptions, including buildings operated by nonprofits and residential construction that is 10 years old or less.
Supporters of the proposal say it is necessary to help keep people avoid homelessness, but opponents say it may disincentivize new development at a time when Washington needs more housing.
As of right now, Washington State does not have a statewide rent control policy that dictates a maximum percentage a landlord can raise rent. However, there are laws regarding the required notice a landlord must provide before increasing rent. Also, there are fair housing laws that prohibit discriminatory rent increases.
While statewide rent control has been a point of discussion, some cities in Washington are taking action to provide tenant protections. These local ordinances often focus on extending notice periods for rent increases, limiting excessive fees, and providing other tenant protections. Examples of cities that have increased notice periods are Burien, Kenmore, Kirkland, Port Townsend, Redmond, SeaTac, and Spokane. This shows that even without a statewide rent cap, there is movement towards renter protections at the local level.
The Senate bill now heads to the Ways and Means Committee for further consideration. Meanwhile, in the House, where the bill passed last year, the policy has cleared two committees and is awaiting a vote on the floor.
