How Much Rent Can I Afford?

This Rent Calculator estimates a safe and an acceptable range for your monthly rental payment based on your pre-tax income and existing monthly debt.

Input Parameters

Your pre-tax income

$ per year

Your monthly debt payback

car/student loan, credit cards, etc

You can afford up to $0 per month on a rental payment.
It is recommended to keep your rental payment below $0 per month.

Safe (≤ 28% of income)

Acceptable (28%–36%)

Aggressive (> 36%)

Some landlords may not accept applications with more than 1/3 of gross income on rent, which is $0.