Understanding vacancy rent
A vacancy rent estimate starts with the prior lawful rent. For a stabilized apartment, that number is usually the legal regulated rent shown on the lease or rent history. A preferred rent may also appear. It can be lower than the legal rent. The choice matters because many lease offers depend on the lawful base and the active rule period.
Why the guideline matters
New York City orders use dates. Each order covers leases that begin inside a defined year. The calculator lets you select a current order, a prior order, or a custom rate. This is useful when you review an older lease, a pending lease, or a notice with special facts. It also separates a one year term from a two year term. A longer term may use a different percentage.
What the result means
The result is an estimate, not legal advice. It shows the selected base rent, the guideline increase, any approved monthly additions, any credits, and the estimated new monthly rent. It also shows the full term total. This helps tenants compare a lease offer with a clear worksheet. It helps owners check math before issuing paperwork.
Using legal and preferred rent
Enter the legal regulated rent first. Add the preferred rent only when the apartment has one. Choose which value should act as the calculation base. Add only approved monthly items. Examples include lawful improvement adjustments, approved capital improvement charges, or recurring surcharges. Use credits for money that should reduce the monthly charge.
Careful checks before signing
Vacancy rules changed after 2019. The old automatic vacancy bonus is not the normal method now. A guideline can apply only when the order allows it. Also, not every extra charge belongs inside rent. Keep copies of leases, riders, rent histories, and written notices. Compare every number with the lease start date. If the offered rent seems high, ask the owner for the calculation. Tenants can also request records from the state housing agency. This calculator gives a clean estimate. It does not decide disputes.
When to seek help
A rent history may reveal missing details. Ask a qualified tenant group, attorney, or housing counselor when records conflict or an increase is unexplained clearly.