HB2996

Missouri HB2996 establishes rent increase limits for residential lease renewals starting January 1, 2027.

Missouri HB2996, known as the "Missouri Housing Predictability and Transparency Act," sets a cap on rent increases for residential lease renewals starting January 1, 2027. Landlords can raise rent by no more than seven percent plus the annual change in the Consumer Price Index (CPI) for All Urban Consumers, or ten percent, whichever is less, in any twelve-month period. The bill also mandates landlords to provide tenants with written notice of any rent increase at least ninety days prior to the effective date.