Rent Calculator
Find how much rent you can afford from your income and debts, or a rent budget from take-home pay.
Change the values and press Calculate to work out your own figures.
From gross income and debts
Enter your income and monthly debt payments.
Show the working
- rent = lower of 30% of gross monthly income and 36% of it less debts
From take-home pay
Enter your take-home pay and the share for rent.
Show the working
- budget = take-home × share
How to use it
Enter your income and monthly debt payments. Enter your take-home pay and the share for rent.
Enter amounts without commas or with them; rates are percentages (5 for 5%). Negative amounts are allowed where a sign means money paid out.
Key facts
rent = lower of 30% × gross monthly income and 36% × gross monthly income − debts budget = take-home × share
The 30% rule
HUD counts a household paying over 30% of income for housing as cost-burdened. Landlords often ask for income of about 3 times the rent, which is the same rule.
Questions
How much rent can I afford on $80,000 a year?
About $2,000 a month (30%); $1,667–$2,200 between 25% and 33%.
Formulas
rent = lower of 30% × gross monthly income and 36% × gross monthly income − debts budget = take-home × share
Sources
Limitations
- Results are estimates for planning, not offers or financial advice; lenders and banks may round, count days or time payments differently.
- Rates are nominal annual rates compounded as you choose; payments at a different frequency use the equivalent periodic rate.