Prince Edward Island Rent Increase Calculator
2% maximum for 2026, 3 months' notice, once every 12 months
Enter the rent and the dates to see what Prince Edward Island law allows.
Prince Edward Island rent increase rules
The Director of Residential Tenancy sets PEI's maximum each year, and the Act says it cannot exceed 3%. The 2026 figure is 2%. A landlord needs three months' written notice on the approved form and must wait 12 months between increases.
| Applies to | Limit |
|---|---|
| 2025 maximum | 2.3% |
| 2026 maximum | 2% |
- Approved form, 3 months
- Administered by the Residential Tenancy Office and IRAC.
No 2027 figure was published when this page was last checked. For effective dates after 2026 the calculator shows the cap as not yet announced.
How Prince Edward Island rent increase rules have changed
Annual limit by province, 2017 to 2027
Quebec shows the tribunal’s recommended increase for an unheated unit, which is a reference point rather than a cap. Gaps are years with no percentage limit or no confirmed figure.
| Province | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ontario | 1.5% | 1.8% | 1.8% | 2.2% | 0% | 1.2% | 2.5% | 2.5% | 2.5% | 2.1% | 1.9% |
| British Columbia | 3.7% | 4% | 2.5% | 2.6% | 0% | 1.5% | 2% | 3.5% | 3% | 2.3% | 2.2% |
| Alberta | No percentage limit in any of these years | ||||||||||
| Saskatchewan | No percentage limit in any of these years | ||||||||||
| Manitoba | — | — | 2.2% | 2.4% | 1.6% | 0% | 0% | 3% | 1.7% | 1.8% | 3% |
| Quebec | — | — | — | — | 0.8% | 1.3% | 2.3% | 4% | 5.9% | 3.1% | TBA |
| New Brunswick | — | — | — | — | — | 3.8% | — | — | 3% | 3% | 3% |
| Nova Scotia | — | — | — | — | 2% | 2% | 2% | 5% | 5% | 5% | 5% |
| Prince Edward Island | — | — | — | — | — | — | 0% | 3% | 2.3% | 2% | TBA |
| Newfoundland and Labrador | No percentage limit in any of these years | ||||||||||
Notes on starred years
- Ontario 2021: Pandemic freeze
- British Columbia 2021: Pandemic freeze (CPI was 1.4%)
- British Columbia 2023: CPI was 5.4%; the government capped the increase at 2.0%
- Manitoba 2022: Freeze
- Manitoba 2023: Freeze
- Prince Edward Island 2023: Freeze set by legislation; landlords could apply to IRAC for more
- Prince Edward Island 2024: Ceiling under the new Act; 2024 landlords could apply for up to 3 points more
- Quebec 2021: TAL recommended rate for an unheated unit. Not a legal cap.
- Quebec 2022: TAL recommended rate. Not a legal cap.
- Quebec 2023: TAL recommended rate. Not a legal cap.
- Quebec 2024: TAL recommended rate. Not a legal cap.
- Quebec 2025: TAL recommended rate for an unheated unit, the highest since 1988. Not a legal cap.
- Quebec 2026: TAL base rate under the new method (secondary reporting). Not a legal cap.
- New Brunswick 2022: One-year cap under Bill 96
- Nova Scotia 2021: Temporary cap, introduced November 2020
Changes in legislation and policy
| When | What changed |
|---|---|
| November 2022 | 0% for 2023 set by legislation A bill set the 2023 allowable increase at zero. Landlords could still apply to IRAC for a higher increase. CBC: PEI landlords react to 0% cap |
| April 8, 2023 | New Residential Tenancy Act proclaimed The Act capped the annual maximum at 3% and lets landlords apply to IRAC for up to 3 more percentage points. CBC: capped at 3% under new Act |
Increases above the limit
A landlord can apply to the Island Regulatory and Appeals Commission for an additional increase on top of the annual maximum. The Act limits the extra to 3 percentage points, so the most any increase in a year could reach is about 6%.
When a tenant leaves
The maximum applies to increases during a tenancy. Confirm with the Residential Tenancy Office how it applies when the tenant changes.
Frequently asked questions
What is PEI's maximum rent increase for 2026?
2%, applying from 1 January 2026 to all rental units including heated and unheated premises and mobile home sites. The Act sets a 3% ceiling and the Director picks the actual figure each year.
How much notice does a PEI landlord have to give?
Three months in writing on the approved form, and at least 12 months since the last increase.
Can a PEI landlord go above the annual maximum?
Yes, by applying to the Island Regulatory and Appeals Commission, which can approve up to 3 percentage points more.
Rent increase calculators for other provinces
Sources
Last checked 2026-10-29. Legislation and yearly figures change, and this is not legal advice. Confirm with the Residential Tenancy Office and IRAC before serving or contesting a notice.