1. What is the Rent Increase Calculation?

The Rent Pressure Zone (RPZ) calculator determines the maximum allowable rent increase in Ireland, which is the lower of HICP inflation or 2% per annum pro rata. This applies to properties in Rent Pressure Zones.

2. How Does the Calculator Work?

The calculator uses the formula:

Where:

• Current Rent — The existing monthly rent amount in euros
• HICP% — Harmonised Index of Consumer Prices percentage change
• 2% — The maximum allowable increase percentage

Explanation: The calculation ensures landlords cannot increase rent by more than 2% per year in Rent Pressure Zones, even if inflation is higher.

3. Importance of Rent Increase Calculation

Details: Accurate rent increase calculation is crucial for both landlords and tenants to ensure compliance with Irish rental laws and avoid disputes.

4. Using the Calculator

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

5. Frequently Asked Questions (FAQ)

Q1: What are Rent Pressure Zones?
A: RPZs are areas where rents are highest and rising, with special rules limiting rent increases to the lower of HICP or 2%.

Q2: How often can rent be increased?
A: In RPZs, rent can only be increased once every 12 months.

Q3: Does this apply to all rental properties?
A: No, only properties in designated Rent Pressure Zones and those not exempt (e.g., new dwellings first rented in last 2 years).

Q4: Where can I find the current HICP rate?
A: The Central Statistics Office Ireland publishes HICP figures monthly on their website.

Q5: What if my property isn't in an RPZ?
A: Outside RPZs, rent increases must still be "market rate" and not excessive, but aren't subject to the 2% cap.