Rent Increase
Find the new monthly rent after a percentage increase and its annual cost.
About Rent Increase
The new rent is the current rent multiplied by one plus the percentage increase, then the rise is converted to a monthly and annual dollar figure. Knowing the exact dollar rise makes it easier to challenge an increase or plan a move before the lease renews.
Formula
Rent Increase
New rent = current rent x (1 + increase / 100)
- increase percent
- Rental amount added as a percentage of the current rent
Worked example
With the default values below, Rent Increase returns New Rent of $1,575.00. Change any input above and every figure here is recalculated in your browser.
Inputs used
- Current rentminimum 0
- 1,500
- Increaseaccepts 0–100 %
- 5 %
Results
- New Rent
- $1,575.00
- Monthly Increase
- $75.00
- Annual Increase
- $900.00
Step by step
- 1Values used
- 2Rent Increase
- 3New Rent= 1,575.00
- 4Monthly Increase= 75.00
- 5Annual Increase= 900.00
Assumptions and limits
- The result is derived only from the 2 inputs listed above. Anything not among them is not part of the calculation.
- In particular, this calculator does not take inflation, tax, fees or charges or compounding frequency into account.
- Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.
Frequently Asked Questions
How is Rent Increase calculated?
New rent = current rent x (1 + increase / 100) The new rent is the current rent multiplied by one plus the percentage increase, then the rise is converted to a monthly and annual dollar figure.
Why does Rent Increase matter?
Knowing the exact dollar rise makes it easier to challenge an increase or plan a move before the lease renews.
What values do I need to enter?
This calculator takes 2 inputs: Current rent, Increase. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.