1. What is the RTB Rent Increase Calculator?

The RTB (Residential Tenancies Board) Rent Increase Calculator helps landlords and tenants determine the maximum allowable rent increase in Rent Pressure Zones (RPZs) in Ireland, based on the Harmonised Index of Consumer Prices (HICP).

2. How Does the Calculator Work?

The calculator uses the RTB formula:

Where:

• Current Rent — The existing monthly rent amount in euros
• HICP Rate — The annual percentage change in the Harmonised Index of Consumer Prices
• 0.02 — The maximum allowable increase (2%) in Rent Pressure Zones

Explanation: The rent increase is capped at 2% per annum or the HICP rate, whichever is lower, in Rent Pressure Zones.

3. Importance of Rent Pressure Zone Rules

Details: The RPZ rules were introduced to moderate rent increases in areas with high housing demand. Understanding these calculations helps ensure compliance with tenancy laws.

4. Using the Calculator

Tips: Enter the current rent in euros and the annual HICP rate as a percentage. The calculator will show 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 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 Central Statistics Office (CSO) publishes the HICP rate for Ireland.

Q4: Do these rules apply to all rental properties?
A: No, only properties in designated Rent Pressure Zones are subject to these rules.

Q5: What if my property is not in an RPZ?
A: For properties outside RPZs, rent increases must still be justifiable and not above market rates.