Rent Calculator
Find out how much rent you can afford. Uses the 30% income rule and shows your full monthly budget after rent.
Maximum Recommended Monthly Rent
$0
Your rental budget by rule
📐 Formula
Max Rent (30% rule) = Take-Home Monthly Income × 0.30. Take-Home = Annual Income × (1 − Tax Rate) ÷ 12
Frequently Asked Questions
The standard guideline is 30% of gross monthly income. More conservative advice suggests 25% of take-home pay. In expensive cities, many people spend 35–40%, but this leaves little room for savings.
Many landlords require your annual gross income to be at least 40 times the monthly rent. For a $2,000/month apartment, you would need to earn $80,000/year. This is a qualification rule, not a recommendation.
The traditional 30% rule uses gross income. A more practical approach is to use take-home (after-tax) pay, since that's what you actually have to spend. Using take-home gives a more conservative and realistic budget.