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Rent Calculator

Analyze rent affordability with region-specific recommendations.

Currency
Income
$
Housing Costs
$
$
$
$

Stretching Budget

Housing costs are between 30-40% of income. Consider reducing costs.

Total Housing

$1,675.00

/month

Rent-to-Income

33.5%

of income

Remaining

$3,325.00

/month

Annual Rent

$18,000.00

/year

Recommended Budget
30% Rule (Recommended)

Standard guideline for this region

$1,500.00
40% Rule (Maximum)

Absolute maximum, not recommended

$2,000.00
Your Current Housing Cost$1,675.00

The 30% Rule

  • • Housing costs should ideally not exceed 30% of gross income
  • • This includes rent, utilities, insurance, and related costs
  • • Exceeding 40% significantly increases financial stress
  • • Consider roommates or different locations to reduce costs
  • • These thresholds may vary by region and local cost of living