Skip to content
ToolQivo

Rent Calculator

How much rent you can afford on your income.

Calculators Reviews Free · no sign-up

Your other monthly commitments

The 30% guideline

—

A benchmark based on gross income alone.

What your budget supports

—

What is genuinely left after your real expenses.

—

Affordable rent

—

Combined gross income—
Total commitments—
Left for rent—
40x income limit—

Cash to move in

First month—
Security deposit—
Typical total—

Quick Tool Overview

The Rent Calculator gives a rent you can comfortably afford, checked two ways: against the thirty percent of gross income guideline, and against what is genuinely left once your real expenses are paid. It also shows the cash needed to move in.

What it does
Calculates an affordable monthly rent from your income
You give it
Your income and your other monthly commitments
You get back
An affordable rent range and the move-in cash required
Best for
Setting a budget before you start viewing apartments
Calculators Free, unlimited use No sign-up Runs in your browser

About the Rent Calculator

Enter your income and your other monthly commitments to get a rent range you can comfortably carry, checked against both the thirty percent rule of thumb and the income multiple landlords typically screen for, which is usually forty times the monthly rent.

The thirty percent guideline is a starting point, not a law, and it works badly at the extremes. On a low income, thirty percent can still leave too little for everything else; on a high one, it may be more than you would ever sensibly spend. The calculator therefore also works from what is actually left after your real expenses, which is the more honest test, and it flags the up-front cash you need for a deposit and first month before you can move in at all.

Key features of the Rent Calculator

Two tests, not one

The thirty percent rule alongside what your actual budget supports, because the rule works badly at both extremes.

Landlord screening check

Most landlords want annual income of forty times the monthly rent, so the calculator flags whether you clear it.

Move-in cash calculated

Deposit plus first month, and often last month, is due before you get the keys.

Gross and take-home

Landlords screen on gross; you live on net. Both are shown because they answer different questions.

Shared leases supported

Add a partner or roommate income to see the combined budget.

How to use the Rent Calculator

  1. 1

    Enter your income

    Gross annual or monthly take-home, including a partner if you will share the lease.

  2. 2

    Add your other commitments

    Loan payments, transport, insurance and any regular saving you intend to keep up.

  3. 3

    Read the affordable range

    The calculator shows the 30 percent figure alongside what your actual budget supports.

  4. 4

    Check the move-in cash

    Deposit plus first month, and often a last month, is due before you get the keys.

Frequently asked questions

A guideline that housing should take no more than thirty percent of gross income. It is a useful benchmark but ignores debts, location and lifestyle, so treat it as one input rather than the answer.

Reviews of the Rent Calculator

What people who use the Rent Calculator think of it. Reviews come from visitors and are posted as written.

No ratings yet

Yours would be the first.

  • 5 0 reviews rated 5 stars
  • 4 0 reviews rated 4 stars
  • 3 0 reviews rated 3 stars
  • 2 0 reviews rated 2 stars
  • 1 0 reviews rated 1 star

Write a review

Used this tool? Your rating helps the next person decide.

Your rating

Plain text only — links, email addresses and HTML are not accepted. Your name and review are shown publicly; nothing else is collected. See the privacy policy.

0 reviews

Newest first

No reviews yet

Be the first to rate the Rent Calculator. It takes half a minute and no account.

Write the first review

More calculators