1. What is the Rent Review Calculator?

The Rent Review Calculator helps determine the maximum allowable rent increase in Ireland's Rent Pressure Zones (RPZs) based on the lower of 2% or the Harmonised Index of Consumer Prices (HICP) increase rate.

2. How Does the Calculator Work?

The calculator uses the RPZ formula:

Where:

• Current Rent — The existing rent amount in euros
• HICP Increase Rate — Annual percentage increase in the Harmonised Index of Consumer Prices
• 2% — The maximum allowable rent increase in RPZs

Explanation: The calculation ensures rent increases in RPZs don't exceed 2% per year or the HICP rate, whichever is lower.

3. Importance of Rent Review Calculation

Details: Accurate rent review calculations are crucial for landlords and tenants in RPZs to ensure compliance with Ireland's rental laws and avoid disputes.

4. Using the Calculator

Tips: Enter current rent in euros and HICP increase rate as a percentage (e.g., 1.5 for 1.5%). All values must be valid (rent > 0, HICP rate ≥ 0).

5. Frequently Asked Questions (FAQ)

Q1: What are Rent Pressure Zones (RPZs)?
A: RPZs are areas in Ireland where rents are highest and rising fastest, with special rules limiting rent increases.

Q2: How often can rent be reviewed in RPZs?
A: Rent can be reviewed annually in RPZs, but the increase is capped at 2% or HICP, whichever is lower.

Q3: Where can I find the 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 to properties in designated RPZs. Different rules may apply outside these zones.

Q5: What if the HICP rate is negative?
A: The minimum increase is 0%, so if HICP is negative, the rent cannot be increased.