Dutch Government Allows Landlords to Raise Apartment Rent by 5.5% Next Year

Learn about the Dutch government's decision to allow landlords to increase apartment rent by up to 5.5% next year, based on inflation rates and additional percentages. Stay informed on the latest regulations for regulated housing.

Landlords will be able to raise apartment rent by up to 5.5% next year, as announced by the Dutch government. This increase is based on a maximum of 4.5% inflation plus an additional 1%. The maximum rent increase for regulated housing will be announced later this month.

The 5.5% cap on rent increases applies to homes in the private sector, including independent homes, studios, apartments, and moorings of houseboats. The formula for determining the maximum rent increase in the private sector is 1% plus the lowest of either wage development or inflation. With inflation at 4.5% from December 2022 to December 2023, and collective bargaining wages increasing by 5.8% in the same period, inflation was used to determine the maximum rent increase for 2024.

Tenants in the private sector typically receive rent increases on the commencement date of their lease. The 5.5% cap will be in effect from January 1, 2024, to May 1, 2024, when the law regulating the limit to private sector rent increases expires. After that, landlords will have the discretion to determine rent increases for themselves again.

The Dutch government's announcement of a maximum 5.5% rent increase for apartments in the private housing sector next year is based on a formula that takes into account inflation and wage development. This will have implications for both landlords and tenants in the private housing market.