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How Much Rent Can You Afford?
Formula
The general rule is to spend no more than 30% of gross monthly income on rent.
This calculator shows three rent levels so you can decide how to budget for housing.
Common use cases:
- Apartment hunting
- Budgeting for a move
- Evaluating housing costs
Frequently Asked Questions
Emily Taylor
Certified Public Accountant, CPA, MBA
Emily is a Certified Public Accountant with an MBA in Finance. She has over 10 years of experience in tax planning, business accounting, and personal finance advisory. She develops practical financial tools for everyday money management.
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