Rent Increase 2023: Everything You Need to Know About the Annual Rent Increase

Has your landlord increased the rent again and you want to know if this is allowed? Look no further! In this article, we discuss the recent legislative changes for both the free rental market and the social market and what this means for you as a tenant. Read on to find out how you can check if the rent increase is allowed. Additionally, you’ll discover how Bumarang can help you object to your rent increase.

Rent increase for free rental market housing 2023 maximum 4.1%

Let’s start with the free rental market. From January 1, 2023, the annual rent increase for the free rental market is a maximum of 4.1%. This is due to a legislative change adopted by the Senate on December 20, 2022. This amendment links the allowed rent increase to wage development. Between December 2021 and December 2022, wage development was 3.1%. Therefore, the allowed annual rent increase in the free rental market for the calendar year 2023 is a maximum of (3.1% + 1 =) 4.1%. If your rent is increased by a higher percentage, you can object to it.

Rent increase for social sector housing 2023 maximum 3.1%

Now for the social sector. From July 1, 2023, your landlord may increase the rent by:

  • A maximum of 3.1% if the (basic) rent is €300 or more per month. This is equal to the increase in the private sector, but without the additional 1%.
  • A maximum of €25 if the (basic) rent is less than €300 per month. This is more than 3.1%. This allows landlords to increase very low rents more quickly.

This rent increase does not depend on your income and applies to independent housing such as apartments and single-family homes. It is advisable to take a close look at the rent increase proposal you received from your landlord and double-check the amounts. If it doesn’t add up or the rent is more than 3.1% higher, you should object, as this could save you a lot of money.

Rent increase and the maximum rent price

It is important to know that the rent increase may not result in a rent price higher than the maximum rent price according to the government’s point system. If the rent after the increase is higher, the increase is not valid, and it is essential to object to it. You will not have to pay the increase or only partly. You can easily check whether you should object. To do this, fill in the Rent Calculator on our website, and within two minutes, you will have clarity about the fair rent for your home.

Check the rent increase with the Rent Calculator

In conclusion, let’s go over the numbers one more time:

  • For homes in the free rental market, a maximum rent increase of 4.1% applies.
  • For homes in the social sector, a maximum of 3.1% applies if the rent price is €300 or higher, or €25 if the rent price is less than €300.

Always check your rent price with our handy Rent Check. If the increase is incorrect, Bumarang can help you object. You will not have to pay the rent increase in full or partially. Feel free to contact us for more information.

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