Rent Calculator
Estimate the maximum monthly rent you can comfortably afford based on your pre-tax income and existing debt payments.
Your Result
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| Result | What it means? |
|---|---|
| ≥ 25% of income | Comfortable The target rent stays at or above a quarter of your income after debt, which is a comfortable fit for most budgets. |
| 15–24% of income | Moderate The target rent is still manageable, but it leaves less flexibility for other expenses. |
| 8–14% of income | Stretched The target rent is getting tight and may leave little room for savings and irregular costs. |
| < 8% of income | Tight The target rent is very low after debt obligations, so the budget is likely to feel constrained. |
Max monthly rent = max(0, income × 30% − debt)
A common affordability rule is to reserve about 30% of gross income for housing and subtract existing debt payments.
- Income should be your monthly pre-tax amount, not a yearly salary.
- Debt payments should include minimum repayments you already owe each month.
This calculator is an estimate for planning purposes only. Actual landlord requirements, credit checks, and local rent levels can differ from this rule of thumb.