Based on the size of your paycheck how much rent can you afford? follow the easy-to-understand instructions below, and you’ll know just about how much you can afford to drop on rent each month.
To live comfortably you can afford $0 a month for rent.
This calculator's formula is based on guidelines provided by the U.S. Department of Housing and Urban Development. They suggest an individual or household should spend no more than 30% of their gross income on rent and utilities. Unfortunately that percentage is based more on politics than realism. We estimate most people can live fairly well spending up to 45% of their income on rent and utilities.