Rent Increase Calculator
See the rent after a yearly percent increase, and how much more you pay than if rent stayed flat.
Use it when you want future rent if the percent you enter repeats each year.
Compare scenarios
How we calculated this
Rent after the period is today’s rent compounded once a year. Rent paid during the period uses the starting rent for the first year, then the increased rent each following year.
What does this mean?
If rent rises 5.00% each year, it is about $2,083.73 a month after 3 years. You would pay about $3,294.00 more than if it never changed.
Your assumptions
Edit assumptions- Current rent
- $1,800.00
- Annual increase
- 5.00%
- Years
- 3
This calculator provides an estimate for planning. Lease terms, local rules, and landlord requirements may vary.
Embed
Paste this iframe to show the calculator on another page. Taller results scroll inside the frame.
<iframe src="https://myhousingiq.com/embed/rent-increase-calculator" title="Rent Increase Calculator" width="100%" height="900" style="border:0;max-width:1080px;"></iframe>
How the estimate is calculated
Rent after the period is today’s rent compounded once a year.
Rent paid during the period uses the starting rent for year one, then the new rent each following year.
Compound increase
Future rent equals current rent times one plus the annual increase, raised to the number of years.
Example
- Enter today’s rent.
- Enter the increase you want to test, such as 5% a year.
- Read the rent at the end and the extra dollars paid along the way.
With the numbers filled in on this page, the estimate is $2,083.73 per month.
What changes the result
Compounding
A 5% raise each year is more than 15% over three years because each raise applies to the new rent.
Local limits
Some cities cap increases. This page does not know those caps.
Fees
Parking, utilities, and pet rent are not included unless they are already inside the rent you enter.
Questions
Does the first year use the higher rent?
No. The first year uses today’s rent. The higher rent starts after each anniversary.
Can I test a one-time increase?
Set the years to 1. The result is rent after a single increase.
Is this the legal maximum?
No. It is the percent you typed.