Mortgage & real estate

Rent Calculator

Enter your monthly income and the share you want to spend on rent to see an affordable amount.

  • Free
  • No sign-up

Income & share

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Enter your income and the rent share to see the amount.

Worked example

With these example inputs:

  • Monthly income$5,000
  • Percent on rent30%

Affordable rent: $1,500

  • The remaining share70.0%
  • Amount left$3,500
  • If the first figure were 10% higher$1,650

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Frequently asked questions

How much of my income should go to rent?

A common guideline is about 30% of gross monthly income. On $5,000 a month, that points to roughly $1,500 of affordable rent.

Is the 30% rule always right?

It is a starting point, not a strict limit. High debt or living costs may call for a lower share, while few other expenses might allow a little more.

What costs count besides base rent?

Utilities, renters insurance, parking and deposits all add to the true cost of a place.

Should I include my other debts?

Yes. Landlords and lenders look at your total monthly obligations, not just the rent.

How do I afford rent in an expensive city?

A roommate, a smaller place or a longer commute can bring the rent share down to a manageable level.