How Fast Do HOA Fees Increase? Historical Rates and 10-Year Projection
Updated 20 May 2026
The single biggest unknown in a 10-year condo ownership model is how fast HOA fees will grow. The honest answer is that most national listicles say 'varies' and move on. Here is what the actual historical data shows by region and decade, and projection tables at three growth rates so you can model your specific building.
National baselines (Foundation for Community Association Research, 2010-2024)
- National median HOA growth: 3% to 5% annually for steady-state buildings
- Post-2020 inflation pulse: 2021-2023 saw 5% to 8% in many buildings (insurance, labour, materials)
- Florida post-Surfside (2022-2025): many buildings increased 30% to 100% to fund reserves
- California Davis-Stirling and Washington RCW 64.34 buildings: rising 4% to 7% as reserve-funding mandates tighten
- New York City pre-war condo: typically 4% to 6%, sensitive to fuel costs and union labour contracts
Projected monthly HOA in years 5 and 10
Three scenarios: 3% (conservative steady-state), 5% (recent national average), 8% (inflation pulse or post-Surfside-style reserve catch-up).
| Start fee | Year 5 | Year 10 | ||||
|---|---|---|---|---|---|---|
| 3% | 5% | 8% | 3% | 5% | 8% | |
| $300 | $348 | $383 | $441 | $403 | $489 | $648 |
| $500 | $580 | $638 | $735 | $672 | $814 | $1,080 |
| $800 | $928 | $1,021 | $1,176 | $1,075 | $1,303 | $1,727 |
| $1,200 | $1,391 | $1,532 | $1,763 | $1,613 | $1,955 | $2,591 |
| $2,000 | $2,319 | $2,553 | $2,938 | $2,688 | $3,258 | $4,318 |
What growth rate to model for your building
- 3% steady-state: well-reserved, mid-rise, mature building (10-plus years old), in a state without recent reserve-mandate reform. Conservative.
- 5% baseline: typical building over a 10-year window including occasional spikes for insurance and contractor labour. Default assumption.
- 8% high: Florida post-Surfside reserve catch-up, California Davis-Stirling reserve-funding ramp, older buildings with deferred maintenance, hurricane-exposed coastal buildings, or buildings with major capital projects in the next 5 years.
Related: HOA impact calculator · Special assessments · HOA fees explained
Sources: Foundation for Community Association Research (FCAR) Common Ground reports, Florida DBPR rule filings post-SB 4-D, California Civil Code 5550 (Davis-Stirling Act), RCW 64.34 (Washington Condominium Act).