Rent Affordability Calculator
Estimate a comfortable monthly rent.
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Estimate affordable rent
Rent affordability depends on income, existing debts and the other costs that come with housing. Enter monthly gross income, monthly debt payments, a target housing percent and other housing costs to estimate a monthly rent budget. It is useful for apartment searches, roommate planning and comparing rental options before applying.
Budget before browsing
The result uses both your housing target and a simple debt-to-income ceiling, then subtracts other housing costs such as parking, utilities or renter insurance.
Frequently asked questions
What housing percent should I use?
Many people start around 30 percent, but the right target depends on debts, savings and local costs.
Does this guarantee approval?
No. Landlords and screening services use their own rules.
Should utilities be included?
Yes. Add expected utilities or other housing costs in the other costs field.