Rent Affordability Calculator
By using our calculators, you agree to our Terms of Use.
Planning estimate only — not financial or tax advice. Consult a qualified professional for personal decisions. Maximum rent from monthly income and a percent-of-income cap (default 30%).
Rates last reviewed: July 2026
Income & cap
Maximum rent
$1,500.00
30% of $5,000.00/month
- Annual rent at cap
- $18,000.00
Related calculators
How much rent can I afford?
A common budgeting rule caps housing rent at about 30% of gross monthly income — a guideline used in housing counseling and many landlord screening conversations. Maximum rent = income × (percent ÷ 100).
The 30% rule is a starting point, not a law. High-cost cities, student loans, and family size may require a lower share. Some programs use 40% or net income instead of gross — verify local standards.
Example: $5,000/month gross income at 30% → $1,500/month maximum rent ($18,000/year). At 25%, the cap drops to $1,250/month — leaving more room for savings and other bills.
Official sources
Rates and formulas in this calculator reference the documentation below. Confirm current numbers on the source site before relying on them. Links do not imply endorsement by those organizations of Calcometry or this tool.
Common questions
Should I use gross or net income?
This calculator uses the income figure you enter. Many counselors use gross pay; your budget may work better with take-home after taxes and deductions.
Does 30% include utilities?
Traditionally the 30% rule refers to rent alone. Some landlords require income multiples (e.g., 3× rent) that implicitly cover total housing cost.
Is this financial advice?
No. Affordability depends on debts, savings goals, and local costs. Consult a housing counselor or financial professional for personal decisions.