Rent Increase Calculator
Calculate optimal rent increases while balancing income growth and tenant retention.
New Rent
$1,575
Monthly Increase
+$75
Increase %
5.0%
Annual Gain
+$900
Current Rent
$1,500
$1,700
Increase Strategy
5%
Projection Settings
5 years
3%
Balanced increase - good retention probability
Vacancy probability: 10% | $125 below market
Increase Analysis
Current vs New
$1,500$1,575
Market Position
7.4% below market
Turnover Cost Risk
$3,000
Est. 2 months rent if tenant leaves
Expected Annual Gain
$510
Risk-adjusted value
5-Year Projection
| Year | Monthly Rent | Annual Rent | Cumulative Gain |
|---|---|---|---|
| Year 1 | $1,575 | $18,900 | +$900 |
| Year 2 | $1,622 | $19,467 | +$2,367 |
| Year 3 | $1,671 | $20,051 | +$4,418 |
| Year 4 | $1,721 | $20,653 | +$7,071 |
| Year 5 | $1,773 | $21,272 | +$10,343 |
Rent Increase Best Practices
- • Give proper notice (typically 30-60 days depending on state)
- • Consider tenant history and payment reliability
- • Small annual increases are better than large infrequent ones
- • Document market comparables to justify increases
- • Check local rent control laws if applicable
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