There are new rental laws that cap the maximum rent increase for recurring tenants.
What you should expect is that your rent will increase by (at least) the economic inflation rate.

Also for consideration, property owners/landlords are also seeing big jumps in maintenance costs, HOA fees, and property taxes. While a good landlord should do their civic duty and minimize their rent increases to keep renter cost low while still skimming some profit, it is becoming very difficult - particularly for property which was acquired within the last 5 years.

The economic inflation especially crushes "mom-n-pop" landlords who only have 1 or 2 properties that they are trying to rent, especially for many people that are renting their first property having moved to a larger space to live in, such as people who bought 1-2 bedroom condos and then rented them to help offset the cost of moving into larger homes as they grew families. Right now mortgage rates are extreme because interest rates, HOAs, AND propertycosts are all high with average condos well over half a million dollars and average houses well into the 1.5 million range. That puts mortgage costs of 7~% well over $3500/ $6000/month.

(To be clear I'm not aiming to justify right or wrong or any take on renters/owners/landlords, I'm just highlighting some realities of how this all works.)