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Rent Affordability Calculator

Determine your optimal and maximum recommended monthly rent based on the 30% rule, 50/30/20 budget framework, and existing monthly debt obligations.

How much rent can I afford based on my income?How much should I spend on housing with student loans or car payments?What is the 30% gross income rule vs conservative 25% guideline?
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Monthly Budget

$
$
Recommended Rent Budget
$1,500.00/ month

Absolute maximum ceiling: $1,660.00/mo.

Rent: $1,500.00Debt: $300.00Remaining: $3,200.00
Annual Rent Total
$18,000.00
Estimated Utilities Buffer
$180.00

How this calculation works

Financial standard recommending that housing costs do not exceed 30% of gross pre-tax income, leaving 70% for debt, savings, utilities, food, and discretionary life expenses.

Formula
Recommended Rent = Monthly Gross Income × 30% - (Debt Adjustments)

Frequently asked questions

Many landlords require your annual gross income to be at least 40 times the monthly rent (e.g., $80,000/yr income for a $2,000/mo apartment), which equates to exactly 30% of your gross income.

Private by design

Calculations run entirely in your browser. Your financial data is never sent to a server.

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