Rent Affordability Calculator

The rental calculator helps determine how much rent you can comfortably afford. It also includes how much you will have leftover to spend outside of debt, monthly bills and savings and includes a selection of rentals for the current location in which you are interested. Savings, debt and other expenses could impact the amount you want to spend on rent each month. Input your approximate income after taxes and the calculator will display affordably rent equal to 30% of the estimated gross income. Property managers typically use gross income to qualify applicants, and almost always require the applicant can afford 3x the asking rent. Calculating rent affordability at 30% of your income should allow you to accurately determine how much rent you can afford.