Rent Affordability Calculator
Calculate how much rent you can afford based on your income and expenses
$
30% Rule: Spend no more than 30% of gross income on rent.
$
Landlords typically require income of 2.5-3x the monthly rent.
Maximum Rent
30% Rule
$1500
per month
1/3 Rule
$1150
Including Utilities
50/30/20 Rule
$1640
per month
Monthly Income ($):
$5000
Estimated Utilities ($):
$250
Rent Affordability Guidelines
30% Rule: 30% Rule: Spend no more than 30% of gross income on rent.
50/30/20 Rule: 50/30/20 Rule: 50% on needs (rent, utilities, food), 30% on wants, 20% on savings.
1/3 Rule: Landlords typically require income of 2.5-3x the monthly rent.