Colorado Rent Increase Notice

Written Notice of Rent Adjustment

📈 PROPER NOTICE
📈 RENT INCREASE NOTICE:

Colorado does not have statewide rent control, but landlords must follow lease terms and provide proper notice before increasing rent. For month-to-month tenancies, notice must be given before the start of the new rental period. Under HB 24-1098, tenants who have lived in a property for 12+ months have additional protections regarding lease non-renewals.

⚖️ Colorado Rent Increase Rules

🏛️ KEY POINTS FOR COLORADO LANDLORDS

  • No rent control: Colorado does not limit how much rent can be increased
  • Fixed-term leases: Rent cannot be increased until lease renewal
  • Month-to-month: Must give proper notice (typically 1 rental period)
  • HB 24-1098: Tenants 12+ months have just cause protections for non-renewal – significant rent increases as a tactic to force out long-term tenants may face scrutiny
  • Check lease: Follow any notice requirements in the lease agreement
💡

Best Practice: Give tenants as much advance notice as possible (60-90 days recommended) and keep increases reasonable to maintain good tenant relationships and reduce turnover costs.

🏠 Property Information

👤 Tenant Information

👔 Landlord/Property Manager

📋 Lease Type

💰 Rent Increase Details

📊 Rent Increase Calculation

Current Rent
$0.00
per month
Increase Amount
+$0.00
0%
New Rent
$0.00
per month
0% Increase

📅 Notice Timeline

📆 Important Dates

–/–/—-
Notice Given: Date this notice is delivered to tenant
— days
Notice Period: Days between notice and effective date
–/–/—-
New Rent Begins: First day new rent amount is due

📝 Reason for Increase (Optional)

While not required, explaining the reason for the increase can help maintain a positive landlord-tenant relationship:

📞 Tenant Response Options

✍️ Landlord Signature

Landlord/Property Manager

Landlord/Property Manager Signature

Colorado Rent Increase Notice – Complete Guide

Colorado does not have statewide rent control, giving landlords significant flexibility in setting and raising rents. However, proper notice must be given, and landlords should understand the rules that apply to different types of tenancies.

Notice Requirements by Tenancy Type

Tenancy Type When Rent Can Increase Notice Required
Fixed-Term Lease Only at lease renewal Per lease terms (typically 30-60 days)
Month-to-Month Any month with proper notice Before start of new rental period
Week-to-Week Any week with proper notice Before start of new rental period
Best Practice: Even though Colorado law may only require minimal notice, providing 60-90 days advance notice of rent increases helps maintain good tenant relationships and gives tenants time to adjust or make decisions about their housing.

HB 24-1098 and Long-Term Tenants

Colorado’s HB 24-1098 provides “just cause” protections for tenants who have lived in a property for 12 months or more. While this law primarily addresses lease non-renewals, landlords should be aware that:

  • Significant rent increases could be viewed as a tactic to force out protected tenants
  • Increases should be justified by legitimate business reasons
  • Document your reasoning (market rates, increased costs, etc.)
  • Consider the optics of large increases for long-term tenants

How Much Can Rent Be Increased?

Colorado has no statutory limit on rent increases. However, consider:

  • Market rates: Research comparable properties in your area
  • Tenant retention: Turnover costs (vacancy, marketing, repairs) often exceed moderate rent increases
  • Relationship: Good tenants who pay on time and care for the property are valuable
  • Timing: Annual increases of 3-5% are common and generally accepted

What the Notice Must Include

  1. Tenant name(s) and property address
  2. Current rent amount
  3. New rent amount
  4. Effective date of increase
  5. Landlord signature and contact information

Delivering the Notice

Deliver the rent increase notice by:

  • Hand delivery (get signature if possible)
  • Certified mail with return receipt
  • Posting on the door (keep a copy with date)
  • Email (if lease allows electronic notices)

Tenant Options After Receiving Notice

Upon receiving a rent increase notice, tenants may:

  • Accept the new rent and continue the tenancy
  • Negotiate with the landlord
  • Provide notice to vacate before the effective date
  • If month-to-month, simply not renew

⚠️ Legal Disclaimer

This Rent Increase Notice is provided for informational purposes. Colorado landlord-tenant law can be complex, especially with recent changes like HB 24-1098. Always check your specific lease terms for notice requirements. For significant increases or situations involving long-term tenants, consider consulting with a Colorado attorney to ensure compliance.