Find out how much rent you can afford based on your income.
Financial experts recommend spending no more than 30% of your gross monthly income on rent. This "30% rule" ensures you have enough left for utilities, food, savings, and entertainment. Our free rent calculator applies this rule instantly — plus offers conservative (25%) and aggressive (35%) options in the pro version.
Landlords typically require tenants to earn 2.5-3x the monthly rent. The 30% threshold keeps housing costs manageable and reduces financial stress.
Enter your monthly gross income (pre-tax). The calculator shows: recommended max rent (30%), conservative budget (25%), and flexible budget (35%). Great for apartment hunting, roommate planning, or refinancing decisions.
Remember: rent isn't your only housing expense. Factor in utilities (electricity, water, internet), renters insurance, parking fees, and maintenance. Many landlords also require first + last month's rent plus security deposit upfront.
❓ What if I live in an expensive city?
In high-cost areas like NYC or SF, you might need to spend 35-40% — adjust accordingly.
❓ Does this include utilities?
No, this is base rent only. Add ~$150-300 for utilities depending on location.
❓ Should I use gross or net income?
Gross is standard for the 30% rule. For a conservative estimate, use net (after-tax) income.