Rent Increase Formula:
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Rent review in Ireland determines how much a landlord can increase rent. In Rent Pressure Zones (RPZs), increases are capped at 2% or the rate of inflation (CPI), whichever is lower. Outside RPZs, increases are based on market rates.
The calculator uses the formula:
Where:
Explanation: The calculator first calculates the CPI-based increase, then applies the 2% cap if the property is in an RPZ.
Details: RPZs are areas where rents are highest and rising fastest. As of 2023, most urban areas in Ireland are designated as RPZs. The 2% cap applies to these zones.
Tips: Enter the current CPI percentage (available from CSO Ireland), your current rent amount, and specify whether the property is in an RPZ. The calculator will show the permitted increase.
Q1: How often can rent be reviewed?
A: In RPZs, rent can only be increased once every 12 months. Outside RPZs, frequency depends on the lease terms.
Q2: Where can I check if my area is an RPZ?
A: The Residential Tenancies Board (RTB) website has an RPZ checker tool.
Q3: Are there exceptions to the 2% cap?
A: Yes, if a property hasn't been rented in the previous 2 years or has undergone substantial refurbishment.
Q4: How is CPI determined for rent reviews?
A: The CPI percentage is the annual change in the Harmonised Index of Consumer Prices (HICP) published by CSO Ireland.
Q5: What if my landlord increases rent by more than allowed?
A: You can dispute the increase with the Residential Tenancies Board (RTB).