Rent Increase Calculator
See exactly what a rent increase will cost you. Enter the current monthly rent and the percentage raise to get the new rent, the dollar increase and how much more you will pay over a year.
How to calculate a rent increase
- Enter your current monthly rent.
- Enter the increase as a percentage (use a negative number for a decrease).
- Read the new monthly rent, the dollar increase and the extra cost per year.
Examples
1,500 rent with a 5% increase
Current rent 1,500, increase 5%
New rent 1,575, up 75 per month or 900 per year
Frequently asked questions
How do I calculate a rent increase percentage?
Multiply the current rent by the percentage increase divided by 100, then add it to the current rent. For example, a 5 percent raise on 1,500 is 1,500 times 0.05, which is 75, giving a new rent of 1,575.
How much more will I pay over a year?
Multiply the monthly dollar increase by 12. A 75 per month increase costs 900 more over a full year, before any further changes.
Can I use this for a rent decrease?
Yes. Enter the change as a negative percentage. A negative value lowers the rent and shows the monthly and yearly savings as negative numbers.
Is there a legal limit on rent increases?
Limits vary by location. Some cities and states have rent control or rent stabilization caps, while many areas have no cap between leases. Check your local laws and your lease terms.
Does this include fees or utilities?
No. The result covers only the base rent and the percentage change you enter. Add any separate fees, parking or utilities yourself to see the full monthly cost.
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