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This calculator shows rentals that fit your budget. Savings, debt, and other expenses could impact the amount you want to spend on rent each month. Input your net (after tax) income and the calculator will display rentals up to 40% of your estimated gross income.
Free rent calculator to estimate the range of affordable monthly rent based on income and debt. Also, explore ideas for decreasing rental costs.
Use the rent to income chart below to estimate the maximum amount of money (30% of income) you should spend on rent based on your annual income. Rent to Income Calculator is a tool to check the percentage of your rent relative to your income.
Input your information into this rent calculator to review your personalized 50/30/20 budget estimates. What percentage of my income should go to rent? Most landlords are looking for tenants that spend no more than 30 percent of their net income on rent.
Enter your desired location and annual income to see the recommended monthly rent based on the “30% rule.” For a more precise picture of how much rent you can afford, enter variables like your monthly expenses, savings, and debts.
To calculate how much rent you can afford, we multiply your gross monthly income by 20%, 30% or 40%, based on how much you want to spend. You can use the slider to change the percentage of your income you want spend on housing.
You can use our net effective rent calculator to find the average rent per month after accounting for leasing perks, such as a free month. Deciding how much you should spend on rent requires careful consideration of your income, expenses, housing needs, and the rental market.
Our Income-Based Rent Calculator simplifies the process of determining your monthly rent based on your annual income. By using the provided formula and example, you can make informed decisions about your housing expenses, ensuring they align with your financial goals and stability.
Wondering how much rent you can afford? Use our simple rent calculator to find out what you can comfortably pay based on your income and expenses.
Calculate a sensible rent budget based on your income and expenses. Estimate Your Budget. Monthly Income (After Taxes) Monthly Non-Rent Expenses. Monthly Savings. Monthly Debt Payments. Calculate My Rent. Based on the budget you provided, we recommend spending 30% of your monthly income on rent: "$1,500/month." 30% Rent: 30.0% "$1,500"