How does your raised rent compare with comparable rents for your neighborhood? In other words, is the proposed rent above or below the fair market rent for your unit? Do some research.
You say you’ve been there 5 years. Is that without a rent increase? If so, maybe you are due for one. Again, look at rent comps. (Your landlord probably did).
Above all, don’t move out of spite…you could be hurting yourself as well as your landlord.
I once heard of a tenant who had lived in an Ocean Beach house for 6 years paying the same rent to a Mom and Pop owner. The owners raised the rent by about 10% so the tenant said screw you, and moved. Turns out the rent would have to double to meet the market, which the owners promptly did once the angry tenant left.