Rent Increase Calculator
This calculator helps you determine the new rent amount based on either a percentage increase or a specific new rent amount. Follow the steps below to use the calculator.
When issuing increases landlords and tenants should keep in mind rules regarding Right to Lease, Relocation Assistance and the States AB 1482 rent limits.
How to use the calculator:
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Begin by inputing the current rent amount in the "Current Rent Amount ($)" field.
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Next, choose "Increase by Percentage" or "New Rent Amount" from the "Calculation Type" dropdown.
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If "Increase by Percentage": Enter the percentage in the "Increase Percentage (%)" field. If "New Rent Amount": Enter the new rent amount in the "New Rent Amount ($)" field.
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Click on the "Calculate" button to generate your results.
The Rent Increase Calculator is a tool designed for informational purposes only. The accuracy of the calculations relies on the input provided by the user, and while efforts have been made to ensure its correctness, we cannot guarantee that all calculations are free from errors. This tool should not be used as the sole basis for making financial or legal decisions regarding rent adjustments.
The calculator is not intended to deter or encourage rent increases. Users must consider all relevant legal, financial, and personal factors when making decisions about rent adjustments. Be aware that local, state, and federal laws, such as rent control regulations, may limit the permissible rent increase amounts. It is advised to consult with a qualified professional or legal advisor to ensure compliance with applicable laws and regulations.
By using this calculator, you agree that the creators and providers of this tool are not liable for any inaccuracies, legal consequences, or financial losses resulting from its use.