There is no restriction on increases and landlords and tenants are free to negotiate mutually agreeable rates. If your lease expired and you continued to pay rent with no specific term, then you entered a month-to-month tenancy in which either party can terminate the tenancy after providing at least 15 days notice prior to the end of the rental period.
Nothing prohibits you from trying to negotiate a better rate with your landlord, or giving notice that you intend to terminate the tenancy. If you believe the rate requested exceeds the actual market rate for comparable properties, there is no harm in pointing that out to your landlord. Most landlords understand that it always more cost effective to keep a quality tenant than to seek a new one. Best of luck.
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