Rent Increase Calculator

Rent increases help landlords keep pace with market rates, inflation, and rising property costs. This calculator shows exactly what the new rent will be after your percentage increase.

Most markets see annual increases of 2-5%, varying by location and conditions. Some areas have rent control limiting increases—always check local laws before implementing changes.

Enter current rent and your desired percentage to see the new monthly amount and annual income difference. Use this for lease renewals, market adjustments, or portfolio planning.

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How to Use This Calculator

1 Enter the current monthly rent amount
2 Enter your desired percentage increase (e.g., 3 for 3%)
3 Click Calculate to see the new rent amount
4 Review the monthly and annual difference
5 Consider market comparables before finalizing

Formula

New Rent = Current Rent × (1 + Increase % ÷ 100)

Example Calculation

Current rent is $1,800 with a planned 4% increase

Inputs:

Current Rent: $1,800
Increase: 4%

Result:

New rent = $1,800 × 1.04 = $1,872/month ($72 increase, $864/year)

Pro Tips

Provide required notice (typically 30-60 days)
Research comparable rents before increasing
Consider tenant retention vs maximum rent

Important Considerations

• Rent-controlled properties have legal caps—verify before increasing
• Section 8 tenants require housing authority approval for increases
• Mid-lease increases require specific lease language or tenant agreement

Frequently Asked Questions

Most markets see 2-5% annual increases, with 3% being common for keeping pace with inflation. Hot markets may justify 5-8%, while softer markets might warrant smaller increases or none to retain tenants.

Notice requirements vary by state: 30 days is common for month-to-month leases, while some states require 60-90 days. For fixed-term leases, increases typically take effect at renewal. Always check your local landlord-tenant laws.

In most areas, no—landlords can set market rent. However, rent control cities (San Francisco, NYC, Los Angeles, etc.) have strict limits, often 3-10% annually or tied to CPI. Check local rent control ordinances.

Yes, generally. Regular small increases (2-4%) are easier for tenants to absorb than large catch-up increases after years of no change. Annual adjustments also keep rent aligned with rising costs and market rates.