Rent Increase Letter To Tenants

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[Date]

[Name of the Tenant]
[Unit Number]
[Street Name and Number]
[City, State, ZIP Code]

Dear [Name of the Tenant],

I would like to take a moment to let you know that I highly value you as a tenant and it is very hard to find such model tenants. However, necessary expenses to the building have forced me to raise the rent in order to cover for the said necessary expenses.

Your current lease will be officially terminated on [Date]. The new rent will be [Amount] ($00.00) after the date provided above. Should you wish to extend the lease, the new rate of the monthly rent shall be applied.

Once again, thank you so much for being a wonderful tenant. I hope that you will continue to be a tenant at [Name of the Apartment or Building]. If you have any questions, please feel free to call me at [Contact Number].

Sincerely,

[Name and Signature]