Rent Affordability Calculator
Worked example result
| Max rent at 30% of income | $1,500.00 |
| Max rent at 28% of income | $1,400.00 |
| Max rent at 35% of income | $1,750.00 |
| Required gross monthly income (for the rent, 30% rule) | $5,000.00 |
| Required gross annual income (for the rent, 30% rule) | $60,000 |
On $60,000 a year ($5,000 a month gross), the 30% rule caps rent at $1,500 a month; the stricter 28% level is $1,400 and a stretched 35% is $1,750.
Max rent (30% rule) = Gross monthly income × 0.30; Required income = Rent ÷ 0.30 · Powered by CalcHub — Rent Affordability Calculator