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I don't know what state you live in, but here in Florida - there is no rent control. Landlords are free to charge whatever they wish to tenants. Late fees are typically also unregulated - only in section 8 housing do some federal rules apply. I would hesitantly say "Yes - your landlord is free to charge any amount they wish" with respect to late fees and/or rent. These items should be specified in your lease. If they are- well you agreed to it by signing - so your bound to it. If its month-to-month than he can change the rates every month. You can always move...