Rent affordability calculator

Enter your monthly income before tax to see a rule-of-thumb rent range. These are guidelines, not rules: landlords and cities differ, and sharing a place often puts a better home within reach.

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Frequently asked questions

How much rent can I afford?

A common guideline is to keep rent at about 30% of your gross (before-tax) income. Your own budget may be tighter or looser depending on debt, savings, and local costs, so treat it as a starting point.

Do landlords really require 3x the rent in income?

Many landlords ask for gross income of around three times the monthly rent, but requirements vary by landlord, city and building, and some markets ask for more. Ask the landlord or property manager what they require before you apply.

How do roommates change what I can afford?

If your share of the rent is lower, the place you can afford is bigger or better located. Landlords may look at each tenant's income, or at the household's combined income; ask which they use. Check how the lease treats each person's responsibility for the full rent.

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Safety and fair housing

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