How Much Rent Can I Afford to Pay Monthly

Rent & Income Calculator

See what percentage of your income goes toward rent — and how much remains for everyday living.
All calculations update automatically.

Monthly Rent

Monthly rent

Property address

Applicant 1

Income entry frequency

Gross income — before taxes

Taxes & payroll deductions

Enter both amounts using the frequency selected above. Leave deductions blank if unknown; take-home results require accurate deductions.

Monthly take-home income—

Applicant 2 (optional)

Income entry frequency

Gross income — before taxes

Taxes & payroll deductions

Enter both amounts using the frequency selected above. Leave deductions blank if unknown; take-home results require accurate deductions.

Monthly take-home income—

Your Rent as a Percentage of Income

Before taxes — gross income—Monthly rent ÷ gross monthly income

After taxes — take-home income—Monthly rent ÷ take-home monthly income

Combined gross monthly income—

Combined take-home monthly income—

Monthly take-home income left after rent—

The after-tax percentage reflects the taxes and deductions you enter.

Debt Payments & Living Expenses

Add monthly debt payments and other fixed expenses to see your remaining budget. Enter each payment once. For example, enter a car loan under debt and car insurance below.

Applicant 1 — monthly debt payments

Applicant 2 — monthly debt payments

Car insurance

Frequency

Cell phone(s)

Frequency

Utilities

Frequency

Internet

Frequency

Car gas / transportation

Frequency

Other fixed expenses

Frequency

Additional household expenses

Frequency

Total monthly debt payments—

Debt payments ÷ take-home income—

Rent + debt payments ÷ take-home income—

Total other fixed monthly expenses—

Remaining monthly budget—

Weekly budget (monthly ÷ 4)—

Remaining budget = take-home income − rent − debt payments − other fixed expenses. Allow for food, health care, savings, entertainment and any expenses you have not entered. Weekly budget uses a four-week budgeting month: remaining monthly budget ÷ 4.