Rent Affordability Calculator
Estimate how much rent you may be able to afford based on your monthly income.
How Much Rent Can You Afford?
A common guideline is to spend around 30% of monthly income on rent, but the right amount depends on debts, savings, location, and lifestyle.
Frequently Asked Questions
Is the 30% rent rule always correct?
No. It is only a general guideline.
Should I use gross or net income?
Using after-tax income gives a more conservative estimate.
Disclaimer
This calculator is for informational purposes only and is not financial advice.