Rent increase calculator
See a tenant's new rent after a percentage or dollar increase, the change per month and what it adds up to over a year.
Increase by
New monthly rent
$1,854.00
Change per month
$54.00
3%
Change per year
$648.00
For guidance only, not legal or financial advice. Your lease and your state's or city's rules come first.
How to calculate a rent increase
For a percentage increase, multiply the current rent by the percentage and add it: $1,800 × 3% = $54, so the new rent is $1,854. For a dollar increase, the percentage is the increase ÷ the current rent.
Over a year, the change is 12 times the monthly difference, which helps when you compare offers.
Before you raise the rent
- Check your lease: most fixed-term leases don't allow an increase until they end.
- Check local rules: some states and cities limit how much and how often rent can go up, and how much notice you must give.
- Give written notice, and keep a copy.
Questions landlords ask
- What is a typical rent increase?
- It varies by market and year. Compare similar homes for rent nearby before you decide, and remember that replacing a tenant also costs money.
- How much notice do I have to give?
- It depends on your state, your city and the lease. Look up the rules where the home is before you send the notice.
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