2025 Fair Market Rents (FMR) and Notice Requirements in Los Angeles
The City of Los Angeles has released the Fair Market Rents (FMR) for 2025. Understanding these updated rental figures is crucial for landlords, tenants, and property managers, as they impact rent adjustments and compliance with city regulations. Alongside these figures, it’s important to adhere to the city’s notice requirements for any rent increases or tenancy changes.
2025 Fair Market Rents in Los Angeles
The following are the Fair Market Rents for 2025, as determined by the U.S. Department of Housing and Urban Development (HUD):
- Studio: $1,747
- 1-Bedroom: $2,153
- 2-Bedroom: $2,719
- 3-Bedroom: $3,583
- 4-Bedroom: $3,927
For landlords issuing a Notice to Pay Rent or Quit, it is essential to reference the correct FMR based on the number of bedrooms to ensure compliance with Los Angeles city requirements.
Notice Requirements for Notice to Pay Rent or Quit
Landlords issuing a Notice to Pay Rent or Quit must adhere to specific requirements, ensuring compliance with Los Angeles regulations. This notice is typically used when tenants fail to pay rent on time. To align with these regulations, the Apartment Association of California Southern Cities (AACSC) has updated its 3-Day Notice to Pay Rent or Quit (Form F70) to comply with the latest requirements.
Key requirements include:
- Unpaid Rent Amount: The notice must state the correct amount of unpaid rent, which should not exceed the applicable Fair Market Rent (FMR) if the unit is part of a subsidized program.
- Number of Bedrooms and FMR: The number of bedrooms in the unit and the corresponding FMR for the property must be clearly identified in the notice, aligning with the FMR classification.
- Three-Day Notice: Landlords are generally required to provide tenants with a Three-Day Notice to Pay Rent or Quit, allowing them three calendar days (excluding weekends and legal holidays) to pay the rent or vacate the unit.