US Rent Tool

Free Rent Affordability Calculator

Find out exactly how much monthly rent you can afford based on your annual or monthly income using standard budgeting guidelines.

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Includes car payments, student loans, or credit card minimums.

Recommended Monthly Rent

$1,500.00

Affordability Guidelines:
Conservative Budget (20% of Income) $1,000.00
Recommended Budget (30% of Income) $1,500.00
Maximum Rent Limit (35% limit) $1,750.00
Filing 40x Salary Guideline $1,500.00

Rent Affordability Rules:

Financial advisors and landlords in the US generally use two standard budgeting rules to evaluate lease applications:

  • The 30% Budget Rule: Spending no more than 30% of your gross monthly income on housing expenses ensures you have enough capital left for savings, food, utilities, and investments.
  • The 40x Salary Rule: Most landlords in competitive US cities (like New York, San Francisco, Chicago) require that your gross annual salary is at least **40 times** the monthly rent (which equates to roughly 30% of gross income).