Colorado Rent Increases & Fees

Last Updated: April 26, 2022 by Elizabeth Souza

QUICK FACTS
  • Rent Control / Increase Limitations. Colorado state landlords can raise rent once every 12 months, regardless of the type of tenancy.
  • Notice Required to Raise Rent. For fixed-term or month-to-month tenancies, Colorado landlords must provide 60-day notice.
  • Bounced Check Fees. Colorado state landlords may charge $20 for returned checks due to insufficient funds.

When Can a Landlord Increase Rent?

In the state of Colorado, a landlord can only raise rent once every 12 months, no matter the type of tenancy (i.e., fixed term, month-to-month, etc.). (CRS § 38-12-702)

Questions? To chat with a Colorado landlord tenant attorney, Click here

When is it Illegal to Raise Rent?

A Colorado landlord may not raise rent in retaliation when a tenant has notified the landlord or filed a complaint with the appropriate agency regarding the health or safety of a rental property. (CRS 13-40-107)

It is also illegal for a Colorado landlord to raise rent based on the race, gender, age, nation of origin, familial status, or disability status of a tenant. Federal Fair Housing Act

Is There a Rent Increase Limit?

There is no limit placed on the amount a landlord may increase rent in the state of Colorado.

How Much Notice is Needed for Raising Rent?

In a residential tenancy, a landlord must provide the tenant with at least 60 Days’ written notice. (CRS § 38-12-701)

For a FREE rent increase notice template, click here.

How Often Can Rent Be Increased?

Rent can only be increased one time in a 12-month period of consecutive occupancy regardless of if the tenancy type (i.e., for a fixed term, month-to-month, there is no written lease, etc.).

Laws Regarding Late Fees

Colorado landlords cannot charge more than $50 or 5% of the past due rent payment. The late fee shall only be imposed once, and late payments can only be collected by the seventh calendar day that rent has not been collected.

Additionally, a tenant shall only be asked to pay a late fee if it is disclosed in the lease agreement. (CRS § 38-12-105)

Laws Regarding Bounced Check Fees

A Colorado landlord may add up to a $20 fee for a rental payment returned for insufficient funds.

Cities in the State with Rent Control

The state of Colorado has established that rent control is a state concern. Cities, counties or municipalities cannot impose their own rent control ordinances. (CRS 38-12-301)