Legal Definitions - ceiling rent

Definition: The maximum amount of rent that can be charged under a rent-control regulation.

Example: In a city with rent control laws, the government may set a ceiling rent that landlords cannot exceed when renting out their properties. For example, if the ceiling rent is $1,000 per month, a landlord cannot charge more than that amount for rent.

This example illustrates how ceiling rent is a limit on the amount of rent that can be charged in a particular area. It is designed to protect tenants from being charged exorbitant rents by landlords who may take advantage of the high demand for housing in certain areas.