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California Rent Increase Calculator 2023 2024

Rent Increase Formula:

\[ \text{Rent Increase} = \min(\text{CPI} + 5\%, 10\%) \times \text{Current Rent} \]

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USD/month

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1. What is the California Rent Increase Calculator?

This calculator helps determine the maximum allowable rent increase under California's AB 1482 (Tenant Protection Act of 2019) for 2023-2024. It calculates based on the Consumer Price Index (CPI) plus 5%, capped at 10%.

2. How Does the Calculator Work?

The calculator uses the AB 1482 formula:

\[ \text{Rent Increase} = \min(\text{CPI} + 5\%, 10\%) \times \text{Current Rent} \]

Where:

Explanation: The law allows landlords to increase rent by the lesser of CPI + 5% or 10% annually for eligible properties.

3. Understanding AB 1482 Rent Control

Details: AB 1482 applies to most rental properties in California that are more than 15 years old, with some exceptions. The rent cap applies to most tenants after 12 months of occupancy.

4. Using the Calculator

Tips: Enter the regional CPI percentage (available from government sources) and the current monthly rent amount. The calculator will show the maximum allowable increase and new rent amount.

5. Frequently Asked Questions (FAQ)

Q1: What properties are exempt from AB 1482?
A: Properties built within last 15 years, single-family homes (unless owned by corporations), and some duplexes where owner occupies one unit.

Q2: How often can rent be increased under AB 1482?
A: No more than once every 12 months, subject to the cap calculation.

Q3: Which CPI index should I use?
A: For most areas, use the regional CPI for your metropolitan area from the Bureau of Labor Statistics.

Q4: Are there local rent controls that override AB 1482?
A: Yes, in cities with stricter local rent control ordinances (like Los Angeles, San Francisco), those local rules apply instead.

Q5: Does this apply to commercial properties?
A: No, AB 1482 only applies to residential rental properties.

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