1. What is the Rent Increase Calculator?

The Rent Increase Calculator helps landlords and tenants determine the maximum allowable rent increase according to Ireland government regulations. It calculates the new rent based on the current rent and the permitted percentage increase.

2. How Does the Calculator Work?

The calculator uses the standard rent increase formula:

Where:

• Old Rent — Current rent amount in EUR
• Rate — Permitted percentage increase

Explanation: The formula applies the percentage increase to the original rent amount to calculate the new rent.

3. Importance of Rent Increase Calculation

Details: Understanding rent increases is crucial for both landlords and tenants to ensure compliance with Ireland's Residential Tenancies Act and to maintain fair rental practices.

4. Using the Calculator

Tips: Enter the current rent amount in EUR and the permitted percentage increase. The calculator will show the new rent amount after the increase.

5. Frequently Asked Questions (FAQ)

Q1: What is the current rent increase cap in Ireland?
A: As of 2023, the maximum rent increase in Rent Pressure Zones is generally 2% per annum or the rate of inflation (HICP), whichever is lower.

Q2: How often can rent be increased?
A: In most cases, rent can only be increased once every 12 months in Ireland.

Q3: Does this apply to all rental properties?
A: The rules apply to most private rented accommodation, but there are some exceptions. New tenancies and certain properties may have different rules.

Q4: What if my rent increase exceeds the permitted amount?
A: Tenants can dispute unlawful rent increases with the Residential Tenancies Board (RTB) in Ireland.

Q5: Are there different rules for Rent Pressure Zones?
A: Yes, Rent Pressure Zones have stricter rules on rent increases compared to other areas.