2023 rent increase limit
As of May 15, 2023, landlords in the Yukon can increase rent by up to 5%.
When landlords can increase rent
Landlords cannot increase rent for the first year after entering into a new tenancy agreement with a tenant.
After the first 12 months, landlords can increase rent, and only once a year after that.
If a landlord wishes to increase rent, they must give the tenant a Notice of rent increase at least 3 months before the increase comes into effect.
Housing agencies
Housing agencies include:
- Yukon Housing Corporation;
- Kwanlin Dün First Nation; and
- Grey Mountain Housing Society.
Housing agencies are exempted from the requirements related to rent increases, noted above for all rental units in which the rent is tied to the tenant’s income or the income of the tenant’s household.