Budgeting & Income
Rent Increase Calculator
A rent increase sounds small as a percentage but adds up fast. Enter your current rent and the increase to see your new payment, the extra you'll pay per month and year, and where rent lands after several years of the same increases.
New monthly rent
$2,100
After one year's increase.
- Extra per month
- $100
- Extra per year
- $1,200
- Rent after 5 years
- $2,553
If the same increase repeats each year.
How this calculator works
New rent = current rent × (1 + increase). Extra per month is the difference; extra per year multiplies that by 12. The multi-year figure compounds the same increase: current rent × (1 + increase)^years.
Assumes the same percentage increase each year, which real increases won't perfectly follow. Use it to see the trajectory and pressure-test your budget, not to predict an exact future rent.
Try an example
Frequently asked questions
How do I calculate a rent increase?
Multiply your current rent by the increase percentage to get the dollar increase, then add it. A 5% increase on $2,000 rent is $2,000 × 0.05 = $100 more, for $2,100 a month — an extra $1,200 over the year. This calculator also compounds the increase over several years.
How much can a landlord raise rent?
It depends on where you live. Many areas have no cap for market-rate units, so increases are limited only by the market and your lease terms, while rent-controlled or rent-stabilized units and some states cap annual increases. Landlords generally must give written notice (often 30–60 days) — check your local laws.
Why does a small percentage matter so much?
Because rent is a large recurring cost and increases compound. A 5% raise every year nearly doubles rent over 15 years. Over a few years, steadily rising rent is a major reason many people compare renting to buying, where a fixed-rate mortgage payment stays flat.
What can I do about a rent increase?
Negotiate — a good tenant who pays on time has value, and landlords weigh vacancy costs. You can propose a smaller increase, a longer lease at a lower rate, or improvements in exchange. Comparing your increased rent against local market rates and the cost of moving strengthens your position.
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Disclaimer: DayCents provides this calculator for educational purposes only. Results are estimates based on your inputs and the stated assumptions — they are not financial advice, a quote, or an offer of credit. Consult a qualified financial professional before making major money decisions.