Rent Affordability Calculator

Find how much rent you can afford based on your income and debts.

Recommended max rent

$1,500/ month

30% of gross income: $1,500
36% total-debt limit: $1,500
Income landlords often require (40×): $60,000

Recommended max rent$1,500

Results are estimates for planning and are not financial advice.

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How it works

The classic guideline keeps rent at about 30% of gross monthly income. We also cap rent plus other debts at 36% of income so existing payments don't squeeze your budget.

Formula

Max rent = min(Income ÷ 12 × 30%, Income ÷ 12 × 36% − debts)

Example

$60,000 income and $300 in debts: 30% rule = $1,500; debt limit = $1,500. Recommended max: $1,500/month.

Assumptions & limitations

Results are rounded for display.

Frequently asked questions

Is 30% realistic in expensive cities?

Many renters spend more. Just make sure savings and essentials still fit.