Rent control laws limit the amount a landlord can increase rents on existing tenants. Most states have laws that prohibit local governments from enacting rent control measures. But over 180 municipalities in the United States have rent control measures—and all of them are located in California, Maryland, New Jersey, New York, and Washington, D.C.
The state of Oregon has a statewide rent control law that limits annual rent increases to 7% plus the increase in the consumer price index.
In North Carolina, there are currently no rent control laws in place. The state does not allow local governments to enact rent control measures. This means that landlords in North Carolina are generally free to set and increase rent prices without a cap on the amount or percentage of the increase. However, landlords must adhere to the terms of the lease agreement and provide proper notice to tenants before increasing rent, as required by state law. It's important for tenants to review their lease agreements to understand the terms regarding rent increases. Unlike Oregon, which has a statewide rent control law capping annual rent increases at 7% plus the consumer price index, North Carolina has no such statutory limitations on rent hikes.