Should I enter percent or dollars?

If you know the flat increase, enter it; we’ll show the effective percent. Otherwise use percent to compute the new rent.

Does this include utilities or fees?

No. Add any new fees/utilities separately to gauge total housing cost.

What’s a typical rent increase?

It varies by market. Use the effective percent to compare against local trends or rent control limits.

Can I compare multiple offers?

Yes—try different % or $ increases to see new rent and pick the best option.

Does this account for mid-lease increases?

No. It assumes a single change at renewal. For mid-lease changes, prorate separately.

finance calculator

Rent Increase Calculator

Compute new rent from a percent or dollar increase and see the monthly change.

Results

New rent: $2,100 USD
Effective % increase: 5.00%
Monthly change: $100 USD

How to use this calculator

Enter your current rent.
Add either a percent increase or a flat dollar increase.
See new rent, monthly change, and effective percent increase.

Inputs explained

Current rent: Your present monthly rent.
Increase %: Percent increase proposed for your lease renewal.
Increase amount (optional): Flat dollar increase; overrides percent if filled.

How it works

If a dollar increase is provided, we prioritize that; otherwise we use the percent.

Effective % increase is shown so you can compare offers.

Formula

New rent = Current × (1 + %)
% increase = Increase ÷ Current

When to use it

Comparing renewal offers and negotiating rent increases.
Checking affordability of a proposed increase.
Converting a dollar increase into percent to compare with market norms.

Tips & cautions

If given both a percent and dollar figure, use the dollar to see the effective percent increase.
Consider other lease changes (fees, utilities) that affect total housing cost.
Compare to local market rents to gauge fairness of the increase.
Does not include fees/utilities; focuses on base rent.
Assumes a single-step increase; layered increases may differ.

Worked examples

$2,000 rent with 5% increase

New rent = $2,100
Monthly change = $100

$1,800 rent with $150 increase

Effective increase ≈ 8.3%
New rent = $1,950

Deep dive

Use this rent increase calculator to see your new rent, monthly change, and effective percent increase. Enter your current rent and either a percent or dollar hike to compare renewal offers.

It’s a quick way to evaluate affordability, negotiate, and understand how a flat increase translates to a percentage compared to local market trends.

FAQs

Should I enter percent or dollars?: If you know the flat increase, enter it; we’ll show the effective percent. Otherwise use percent to compute the new rent.
Does this include utilities or fees?: No. Add any new fees/utilities separately to gauge total housing cost.
What’s a typical rent increase?: It varies by market. Use the effective percent to compare against local trends or rent control limits.
Can I compare multiple offers?: Yes—try different % or $ increases to see new rent and pick the best option.
Does this account for mid-lease increases?: No. It assumes a single change at renewal. For mid-lease changes, prorate separately.

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