To help you calculate rent increases, we offer two practical calculators on this page.

The first calculator allows you to determine the percentage increase in your rent, while the second shows how a specified percentage increase affects your current rent.

Both tools provide a quick and easy overview of your new rental costs.

Calculate Rent Increase Percentage

Calculate Rent Increase in Dollars

Formula for Calculating Rent Increase Percentage

\(\text{Rent Increase Percentage} = \left( \frac{\text{New Rent} – \text{Current Rent}}{\text{Current Rent}} \right) \times 100\)

Explanation:

  • New Rent: The amount of rent after the increase.
  • Current Rent: The amount of rent before the increase.
  • Rent Increase Percentage: The result shows the percentage by which the rent has increased.

Formula for Calculating Rent Increase in Dollars

The formula to calculate the new rent based on a percentage increase is:

\(\text{New Rent} = \text{Current Rent} \times \left(1 + \frac{\text{Percentage Increase}}{100}\right)\)

Explanation:

  • Current Rent: The amount of rent before the increase.
  • Percentage Increase: The percentage by which the rent is being increased.
  • New Rent: The amount of rent after the increase.

Example:

Let’s say the current rent is $1,000, and the rent is to be increased by 10%:

\(\text{New Rent} = 1000 \times \left(1 + \frac{10}{100}\right) = 1000 \times 1.10 = 1100\)The new rent would therefore be $1,100.

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