People also ask

  • How much apartment can I afford?

  • Use this rent calculator to figure out how much apartment you can afford. Based on your income level, we suggest that you spend $1,500 per month on rent. Type in your search location and maximum budget. We’ll find the perfect rental apartment that fits your criteria. Have a short credit history? Did you know you could use your rent to build credit?

  • How much should you pay for rent?

  • On a $30,000 a year salary, your ideal rent price is $750. On a $40,000 a year salary, your ideal rent price is $1,000. As mentioned before, the 30% rule should act as a rule of thumb. Use the slider on our rent calculator to see how your rent payments change with different percentages of your income.

  • How do I find out how much rent I can afford?

  • Rent Affordability Calculator. This calculator shows rentals that fit your budget. Savings, debt and other expenses could impact the amount you want to spend on rent each month. Input your net (after tax) income and the calculator will display rentals up to 40% of your estimated gross income.

  • How much should you spend on housing?

  • However, spending about 20% on housing when you檙e earning a regular income means you檒l have to keep your distance from sleeker apartments, especially in pricier metros. But if you檙e the type of person who doesn mind making a compromise or two to save some money on rent, 20% can be a good option for you.