Free Rent Increase Calculator

Calculate the new rent amount and dollar increase after applying a percentage-based rent adjustment, and project cumulative rent growth over multiple years.

Save
USD
%

New Monthly Rent

$1,872.00

Monthly Increase Amount$72.00
Annual Revenue Increase$864
Rent After Projection Period$2,189.98
Total Growth Over Period21.7%

New Monthly Rent vs Years to Project

View formula & how it works →

Calculating Rent Increases

Rent increases help landlords keep pace with inflation, rising property taxes, and increasing maintenance costs. Most increases are applied as a percentage of the current rent.

Formula

New Rent = Current Rent x (1 + Increase Percentage / 100)

For multi-year projections: Future Rent = Current Rent x (1 + Annual Rate)^Years

Determining the Right Increase

  • Check local rent control laws for caps on annual increases
  • Review comparable rents in your area to stay competitive
  • Consider tenant retention costs versus the increase amount
  • Factor in your own cost increases (taxes, insurance, maintenance)

    • Timing Considerations

  • Most increases are applied at lease renewal
  • Give proper notice as required by law (usually 30-60 days)
  • Consider market conditions when timing increases

    • Example Calculation

    Current rent is $1,800/month with a planned 4% annual increase, projected over 5 years.

    1. 01Dollar increase: $1,800 x 4% = $72
    2. 02New monthly rent: $1,800 + $72 = $1,872
    3. 03Annual revenue increase: $72 x 12 = $864
    4. 04Rent after 5 years: $1,800 x (1.04)^5 = $2,190
    5. 05Total growth: ($2,190 - $1,800) / $1,800 = 21.7%

    Frequently Asked Questions

    Related Calculators

    Lease Renewal Analysis

    Analyze lease renewal options.

    Rental Vacancy Loss Calculator

    Calculate vacancy cost impact.

    Rental Yield Calculator

    Gross and net rental yield.