Free tool
Rent increase calculator
Enter the current rent and the increase you have in mind. You'll see the new rent and, if you add the notice period that applies to you, the last day to tell your tenant.
For information only. Check it against your lease and, if needed, with a lawyer.
How the calculator works
- New rent. It applies your percentage to the current monthly rent and rounds the increase down to the cent, so it never goes over the percentage you chose.
- Per month and per year. The yearly figure is the monthly increase times twelve: a quick way to see what the change means for you and for your tenant.
- Notice deadline. If you enter the date the new rent starts and how many days of notice you need to give, it counts back from that date. If the deadline has already passed, it shows the earliest start date if you give notice today.
Why it asks you for the notice period
There's no federal limit on rent increases in the US, and most states don't set one either. But some states and cities do limit increases, and the notice you must give depends on the state, the city and your lease. Those rules change from place to place, so the calculator doesn't guess them: you enter the percentage and the notice period that apply to your rental, and it does the math.
Before you decide, read your lease and check the rules where the property is: your state, and also your city or county. Our guide how to raise the rent has a short checklist.
After you calculate
- Give your tenant the new amount and the start date in writing, as your rules require.
- Keep a copy of the notice and a note of when and how you delivered it.
- When the new rent starts, give a receipt for each payment. Our rent receipt generator makes one in seconds.
Still tracking rent in a spreadsheet?
We're building a simple app to track who paid, send receipts and keep rent increases and deposits in one place. Join the waitlist and we'll let you know if it opens in the US.