1. What is the Rent Increase Calculator?

The Rent Increase Calculator determines the allowable rent increase in Ireland's Rent Pressure Zones (RPZs), where increases are capped at the lower of 2% or the Harmonised Index of Consumer Prices (HICP) rate.

2. How Does the Calculator Work?

The calculator uses the formula:

Where:

• Current Rent — The existing monthly rent amount in euros
• HICP Increase Rate — The annual percentage increase in the Harmonised Index of Consumer Prices

Explanation: The calculator applies the lower of either 2% or the HICP rate to determine the maximum allowable rent increase in RPZs.

3. Importance of Rent Pressure Zones

Details: RPZs are designated areas in Ireland where rent increases are legally restricted to prevent excessive hikes and protect tenants.

4. Using the Calculator

Tips: Enter current monthly rent in euros and the HICP increase rate as a percentage (e.g., 1.5 for 1.5%). Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What are Rent Pressure Zones?
A: RPZs are areas in Ireland where rents can't rise by more than 2% per year or the HICP rate, whichever is lower.

Q2: How often can rent be increased in RPZs?
A: Rent can only be increased once every 12 months in RPZs.

Q3: Where can I find the current HICP rate?
A: The HICP rate is published by the Central Statistics Office (CSO) Ireland.

Q4: Does this apply to all rental properties?
A: No, only properties in designated RPZs and certain tenancy types are subject to these rules.

Q5: What if my landlord tries to increase rent by more?
A: Any increase above the permitted amount in an RPZ may be invalid, and you can dispute it with the Residential Tenancies Board.