Scotland will introduce a rent freeze and halt evictions after MSPs passed the controversial emergency legislation.
A cap rate will be set at 0% for rent rises, however, landlords can increase rents by 3% if they can prove property costs have risen. This itself is capped at 50% of any price increase seen by the landlord.
A six-month moratorium on evictions is also being put in place.
Housing secretary Shona Robison told MSPs: “There is a recognition that excessive rates are not acceptable and there is a recognition that tenants are struggling right now.
“Engagement with stakeholders as we developed this bill has been vital and will continue to be to do so through the coming months.
“Working in partnership I know we can realise our shared aim to stabilise rent costs and keep people in their homes at a really difficult time.
“The primary purpose of this bill is to provide the necessary protection for tenants during the current cost of living crisis and is groundbreaking in the way that it achieves that.
“The bill before us also recognises that some landlords can be impacted by the cost of living crisis and we need to recognise that to create robust and workable legislation.”