Prince Edward Island at a glance
A legal cap2027 limit
2.1%
2026 limit
2.0%
The most a rent can rise. This is a legal cap on how much rent can go up. The figure shown is the one set for that year. Exemptions, where the law has them, are listed below.
- Written notice of a rent increase
- 3 months before the new rent starts
- How often
- Once every 12 months
- First increase
- 12 months after the tenancy starts
- To raise rent by more than the cap
- An order of the Director of Residential Tenancy (Rental Office, within IRAC) on the landlord's Form 9 application — at most 3% on top of the allowable increase
Worked example: a $1,500 apartment, new rent starting in 2027
| Rent today | $1,500.00 a month |
| Prince Edward Island's 2027 cap | 2.1% |
| Largest increase allowed | $31.50 a month |
The tenant must get written notice of 3 months before the new rent starts, and the last increase must be at least 12 months old.
Where these rules come from
Each link was checked on Nov 13, 2026.
- PEI Rental Office: 2026 rent increase
peirentaloffice.ca
- PEI Rental Office: 2027 maximum annual allowable rent increase
peirentaloffice.ca
- PEI Rental Office: Rent increases
peirentaloffice.ca
- Prince Edward Island: Residential Tenancy Act
princeedwardisland.ca
See what 2.1% does to a building's numbers
PropertyCast projects a building's income year by year from one worksheet, so you can try a rent increase on your actual deal.
Start FreeCommon questions
How much can a landlord raise rent in Prince Edward Island in 2027?+
Up to 2.1%. The 2026 limit is 2.0%. Check the official sources listed on this page for any exemptions.
How much notice does a rent increase need in Prince Edward Island?+
At least 3 months, in writing.
Can a landlord raise the rent by more than the cap?+
This is what the rules say: An order of the Director of Residential Tenancy (Rental Office, within IRAC) on the landlord's Form 9 application — at most 3% on top of the allowable increase.
More places
This page is a reference, not legal advice. Rules change, and exemptions may apply. Check the official sources above, or ask a lawyer, before acting on a rent increase.