Rent Increase Calculator
Calculate future rent after annual increases.
See projected rent year-by-year and total rent paid over any period.
Future Rent
Rent increase compounds annually, similar to compound interest.
Future Rent = Current Rent × (1 + Annual Increase %)^Years
Total Rent Paid = Sum of all monthly payments over the period
Average annual rent increases:
- US national average: 3–5% per year
- High-demand cities (NYC, SF, Austin): 5–10%
- Rent-controlled areas: 1–3% (capped by law)
- Suburban/rural: 2–4%
Impact of seemingly small increases: Starting at $1,500/month:
- 3%/year for 5 years → $1,739/month (+16%)
- 5%/year for 5 years → $1,914/month (+28%)
- 7%/year for 5 years → $2,104/month (+40%)
Total rent paid at $1,500/month with 5% increases over 10 years: $226,402
Knowing your projected rent helps with:
- Budgeting for future housing costs
- Rent vs buy comparisons
- Lease negotiation — lock in multi-year rates when possible