Rent Affordability Calculator
See how much rent you can afford based on your income and the 30% rule.
This is an estimate for general information only and is not financial, tax or investment advice. Figures may differ from a lender or advisor.
TThe Crypto Tools69+ free crypto calculators — profit, fees, DCA and more.Our networkVisit →This rent affordability calculator turns your gross monthly income into a sensible rent range. It follows the widely used 30% rule: as a rough guideline, no more than 30% of your gross (pre-tax) monthly income should go toward rent. Enter your income to see a recommended maximum along with a more comfortable target and an upper stretch limit.
The 30% rule is a starting point, not a hard cap. Spending less — closer to 25% — leaves more room for saving, debt payments and other bills, while going up to 35% may be workable in expensive cities but leaves a thinner cushion. Landlords often expect your income to be around three times the rent, which lines up with the same 30% guideline.
How to use it
- 1Enter your gross monthly income before tax and choose your currency.
- 2Read the recommended maximum rent, set at 30% of your income.
- 3Compare the comfortable figure at 25% for more breathing room.
- 4Use the stretch figure at 35% as an upper limit, not a target.
Frequently asked questions
What is the 30% rule for rent?+
It is a common budgeting guideline suggesting you spend no more than 30% of your gross monthly income on rent. On a $5,000 monthly income that works out to about $1,500 in rent.
Should I use gross or net income?+
The 30% rule is traditionally based on gross (pre-tax) income, and that is what landlords usually check. If you prefer a more cautious budget, apply the same percentages to your take-home pay instead.
Is it ever okay to spend more than 30%?+
Yes. In high-cost cities many renters spend 35% or more. It can be fine if you have low other debts and stable income, but it leaves less room for savings and unexpected costs.
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