How Much Rent Can You Afford?
Find out how much rent you can afford to pay based on your income with our simple rent calculator.
Rental Affordability Calculator
This calculator uses a common guideline where rent is initially shown at 30% of your gross income. You can adjust the percentage with the slider. This does not account for debts, other expenses, or specific location costs.
Understanding how much rent you can afford is the first step to making smarter financial decisions. A common guideline is the 30% rule, which suggests allocating no more than 30% of your monthly income to rent.
However, personal circumstances, such as debt, savings goals, and other expenses, can influence what’s affordable for you.
This page offers a simple rent affordability calculator to help you determine a budget that matches your financial situation. By inputting your income and expenses, you can get a clearer picture of what you can comfortably afford.
Remember, the goal is to find a home that fits both your lifestyle and your wallet.
