CPI Update for 2024 - 2025

Posted By: Chip Ahlswede Industry, Legislative Affairs, Advocacy Updates,

The Bureau of Labor Statistics (BLS) released its April 2024 CPI adjustments which are used to calculate maximum allowable rent increase percentages under AB 1482.

For Orange County, the CPI adjustment for calculating rent increases has been set at 3.9% - for a total maximum rent increase of 8.9%. 

For Riverside and San Bernardino Counties, the May 2023 CPI adjustment for calculating rent increases has been set at 4.3% - for a total maximum rent increase of 9.3%.

These percentages will be in effect from August 1, 2024 through July 31, 2025 for rentals that are subject to AB 1482.

For detailed information, please click here - Consumer Price Index Overview Table – West : Western Information Office : U.S. Bureau of Labor Statistics (bls.gov)