Rent-to-Income Ratio Calculator
Calculate if your rent is affordable using the 30% rule
Income & Rent Details
Basic Information
Additional Options
Results
Rent Affordability Guide
The 30% Rule
Key Points:
- • Standard affordability measure
- • Based on gross income
- • Includes utilities & fees
- • Widely used by landlords
- • Industry benchmark
DTI Analysis
Important Factors:
- • Total debt obligations
- • Monthly payments
- • Credit card debt
- • Student loans
- • Car payments
Housing Costs
Include:
- • Base rent
- • Utilities
- • Parking fees
- • Maintenance costs
- • Renter's insurance
Example Scenarios
| Income Level | Monthly Income | Max Rent (30%) | Annual Housing |
|---|---|---|---|
| Low Income | $3,000 | $900 | $10,800 |
| Middle Income | $5,000 | $1,500 | $18,000 |
| High Income | $8,000 | $2,400 | $28,800 |