Home Affordability Calculator
How much house you can afford.
Open →
Real Estate
Rent Affordability Calculator
See how much rent you can afford from your income, using the 30% rule.
Affordable rent
—
About 30% of income.
| Conservative (25%) | — |
|---|---|
| Standard (30%) | — |
| Stretch (35%) | — |
| Monthly income | — |
Show our math
Enter your figures above to see the step-by-step working.
A guideline — budget for extrasEverything computed client-side — nothing leaves this page
How the Rent Affordability Calculator Works
The common rule of thumb is to keep rent at or below 30% of your gross monthly income. Divide your annual income by 12 and take 30% to find a comfortable rent ceiling. This calculator also shows a conservative 25% figure — sensible in high-cost areas or with other debts — and a 35% stretch for when it’s worth it.
Landlords often want income of about three times the rent, which is the same 30% guideline from their side. Remember to budget for utilities, renter’s insurance and other living costs on top.
affordable rent = 30% of gross monthly income
Frequently Asked Questions
How much rent can I afford?
A common guideline is 30% of your gross monthly income. On $60,000 a year, that’s about $1,500 a month.
What is the 30% rule for rent?
Spend no more than 30% of pre-tax income on rent. It leaves room for other essentials and saving.
Do landlords use income requirements?
Many require income of about three times the rent — the same as the 30% guideline viewed from the other direction.
More From The Desk
Same plain method, different figuresClosing Cost Calculator
Estimate closing costs.
Open →Down Payment Calculator
Down payment & loan.
Open →Price Per Square Foot Calculator
Price ÷ square footage.
Open →