New landlord bought my house and he is increasing the rent for next year...what do I do?

Is there anything I can do? I can’t afford to live here next year with the new rent, which is absurdly high.

Is this just a fact of life that people deal with, or is there something I can do to convince him keep the rent the way it is, or at least charge it a little bit lower? I’ve tried to talk to him and explain to him that I really love this house and my neighborhood, but he said that he can’t do it. Any suggestions?