1. What is the Residential Tenancies Board Rent Calculator?

The Residential Tenancies Board Rent Calculator helps landlords and tenants determine the maximum permissible rent increase in Rent Pressure Zones (RPZs) in Ireland, as per the rules set by the Residential Tenancies Board (RTB).

2. How Does the Calculator Work?

The calculator uses the RPZ rent increase formula:

Where:

• Current Rent — The existing rent amount in euros
• HICP Rate — The Harmonised Index of Consumer Prices rate (percentage)
• 0.02 — The maximum allowable annual increase (2%) in RPZs

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

3. Importance of Rent Pressure Zone Rules

Details: RPZ rules were introduced to moderate rent increases in areas with high housing demand. Understanding these calculations helps both landlords and tenants comply with legal requirements.

4. Using the Calculator

Tips: Enter current rent in euros and the HICP rate as a percentage. The calculator will determine the maximum allowable new rent under RPZ rules.

5. Frequently Asked Questions (FAQ)

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

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

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

Q4: Are there exceptions to the RPZ rules?
A: Certain substantial renovations or new tenancies in previously unused properties may be exempt.

Q5: What if my property is not in an RPZ?
A: Different rules apply outside RPZs. Rent increases must still be justifiable and not above market rates.