rent-stabilized

[rent-stey-buh-lahyzd]

adjective

1. regulated by law so that rent increases may not exceed a specified amount.

Other Word Forms

• rent-stabilization noun

Example Sentences

An emphasis on the soaring cost of living has also resonated, with the Queens-based lawmaker promising to freeze rent for two million New Yorkers in rent-stabilized properties.

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Mamdani has pledged to address New York City’s steep housing costs by pausing rent increases for rent-stabilized apartments for four straight years.

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The median monthly rent for a rent-stabilized apartment in New York City is estimated to reach $1,455 when Mamdani’s proposed freeze would go into effect, according to the New York Apartment Association, which represents owners of rent-stabilized apartment buildings.

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The New York Apartment Association says a freeze could force landlords who own market-rate and rent-stabilized units to raise prices on the former to make up for losses.

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He wants to freeze the rent of the city’s one million rent-stabilized apartments—an incentive for owners not to invest in maintenance, much less build more.

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