Rent Increase Calculator NZ

This calculator works out a residential rent increase two ways, so you can check either side of a rent review. In the first section, enter your current weekly rent and the percentage rise your landlord is proposing to see the new weekly rent, the extra dollars you will pay each week, and the extra cost over a full year, so you can judge the real impact rather than just the percentage on its own. In the second section, enter the old and new rent figures to work out the percentage and dollar increase between them, which is useful if you have been given a new figure and want to check how large a rise it actually represents. Under the Residential Tenancies Act, a landlord can raise the rent only once every 12 months for a periodic tenancy, and must give at least 60 days written notice before the increase takes effect, so use this alongside checking your notice date and tenancy agreement. It is a handy tool for tenants checking whether a proposed rise is reasonable, and for landlords working out a fair new rent ahead of a review. The figures are for guidance only, so always confirm the current rules with Tenancy Services and read your own tenancy agreement before agreeing to or issuing a rent increase, since a fixed-term tenancy can have different conditions.

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