How to Calculate Percentage Increase Step-by-Step
A clear, step-by-step guide to calculating percentage increase manually or with a calculator. Master the formula in minutes.
Quickly calculate the percentage increase of a rent hike. Essential for verifying legal rent caps and lease renewal negotiations.
Check Your Rent Hike Percentage
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Increase Formula:
Rent Increase % = ((New Rent − Current Rent) ÷ Current Rent) × 100Facing a rent increase is stressful. Landlords often raise rent to cover rising property taxes, maintenance costs, and market demand. However, tenants need to know if an increase is fair or even legal.
Using the percentage increase calculator allows you to compare your specific hike against local consumer price index (CPI) data or local rent control laws.
Important for Tenants:
Many cities have "Rent Stabilization" or "Rent Control" ordinances that cap annual increases (e.g., at 3% or 5% + CPI). Calculate your percentage here first, then check your local housing authority's current year limit.
If your calculated percentage (e.g., 15%) is higher than the legal cap (e.g., 5%), you may have grounds to contest the increase.
Knowing the percentage helps in negotiation:
$1000 to $1100
Result: 10% increase
$1500 to $1575
Result: 5% increase
$2000 to $2100
Result: 5% increase
$800 to $850
Result: 6.25% increase
$2500 to $2800
Result: 12% increase
$1200 to $1250
Result: 4.17% increase
$3000 to $3300
Result: 10% increase
$1800 to $1890
Result: 5% increase
$950 to $1000
Result: 5.26% increase
$1400 to $1600
Result: 14.29% increase
$1100 to $1133
Result: 3% increase
$2200 to $2420
Result: 10% increase
$1750 to $1800
Result: 2.86% increase
$500 to $550
Result: 10% increase
$4000 to $4200
Result: 5% increase
Subtract old rent from new rent (New - Old). Divide that result by the old rent. Multiply by 100. Example: ($1100 - $1000)/$1000 = 0.10 or 10%.
This varies wildly by location (city/state) and building type (rent-controlled vs. market rate). Common caps in rent-controlled areas are 2-5%, while market rates have no limit in many places.
Standard renewals often see 3-5% increases to match inflation. 10%+ is considered steep and usually happens in hot markets or after a promotional lease ends.
Yes! If the market softens, you can negotiate a rent decrease (negative increase). Use the calculator to see the percentage savings.
A clear, step-by-step guide to calculating percentage increase manually or with a calculator. Master the formula in minutes.