Wondering how much you can comfortably afford for rent? Use this page to understand the general guidelines and find out what might work best for your budget.

How to Calculate Affordable Rent?

A great starting point for determining how much rent you can afford is to look at your monthly income after taxes. A common guideline is to spend 30% of your after-tax income on housing costs for a good balance between rent and other living expenses. However, some financial advisors suggest going up to 40% for rent, especially if you live in areas with higher living costs or have fewer debt obligations.

But let’s face it—everyone’s financial situation is unique! That’s why we’ve made it easy for you to adjust the percentage based on your personal circumstances. Just enter your monthly after-tax income into our "How Much Rent Can You Afford?" calculator, then choose the percentage that works best for you. This way, you can make a well-informed decision based on your budget and goals!

Start now and find a rent range that fits your lifestyle, without the stress!