Rent Increase Formula:
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This calculator determines the new rent amount after applying the allowable percentage increase in Ireland. The maximum allowable increase depends on whether the property is in a Rent Pressure Zone (RPZ) and other factors.
The calculator uses the simple formula:
Where:
Explanation: The calculation shows what the new rent would be after applying the specified percentage increase to the old rent amount.
Details: In Rent Pressure Zones (RPZs), rent increases are capped at 2% per year. Outside RPZs, the cap is 4% until 2024. Landlords can only review rent every 12 months.
Tips: Enter your current rent amount and the applicable percentage increase rate. The calculator will show the new maximum allowable rent amount.
Q1: What is a Rent Pressure Zone?
A: RPZs are areas where rents are highest and rising fastest. Special rules apply to limit rent increases in these areas.
Q2: How often can rent be increased?
A: Rent can only be increased once every 12 months, regardless of whether the property is in an RPZ.
Q3: Are there exceptions to the rent increase caps?
A: Yes, for substantially refurbished properties or new tenancies in properties not rented in the previous 2 years.
Q4: How do I know if my property is in an RPZ?
A: Check the Residential Tenancies Board website or your local authority for the official RPZ list.
Q5: What if my landlord increases rent more than allowed?
A: You can dispute the increase with the Residential Tenancies Board within 28 days of receiving the notice.