Notice of rent increase – or vacate

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I rent month to month in a complex where I have been renting for 13 years; my most recent lease expired four months ago.

I just received notice of rent rate increase effective in nine days (the first of the month); if I choose not to renew, I was notified that I could vacate, but that I am required to give 60 days notice of intent to vacate.

Is this legal in Indiana?  As a renter, do I not have the right of at least 30 days notice of intent to increase rent?  As it is, this is a no-lose situation for the property management firm – they get an to hit me with a rent rate increase of $50 per month to remain month to month if I decide to vacate, or I sign a new lease at the increased rent rate.  There doesn’t seem to be any consideration for the tenant.

Thank you.

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