Your income
Use the same basis you use for budgeting—usually take-home (after-tax) pay. The classic rule of thumb looks at gross income; if you use net here, you are already being conservative on what is safe.
Many people use ~30% of gross income; adjust the slider to match your comfort and local costs.
Affordable rent (guideline)
These figures are starting points, not guarantees. Landlords and lenders may use different rules.
- Max monthly rent
- $1,650
- Max yearly rent (12×)
- $19,800
Remember to budget for utilities, renters insurance, parking, and move-in costs. If you are in a high-cost area, you may spend above a textbook percentage—pair this check with your full budget or a tool like BudgetBadger to see the whole picture.
Frequently asked questions
- How much rent can I afford on my income?
- Multiply your income (monthly or annual, depending on what you entered) by your chosen rent-to-income percentage. This calculator shows a suggested max rent payment from that math—not a guarantee a landlord will approve you.
- Is the 30% rent rule based on gross or net income?
- Traditional rules of thumb often use gross pay. If you enter take-home pay here, you are usually building in extra cushion. Pick the basis that matches how you budget.
- Does affordable rent include utilities?
- Usually the percentage applies to rent only. Budget utilities, renters insurance, internet, and parking separately so your total housing cost stays realistic.
Related free tool: Debt Payoff Calculator — Model payoff time and interest for a fixed monthly payment or a credit card-style minimum, with an optional extra payment and before/after chart.