Find out exactly how much rent you can comfortably afford based on your income, monthly expenses, and financial goals using the 30% rule and 50/30/20 method.
Enter your take-home pay and monthly expenses
Net pay after taxes
Monthly Fixed Expenses (excluding rent)
Spend no more than 30% of your gross (before-tax) monthly income on rent. Example: $5,000/mo gross → max $1,500 rent. This is the classic guideline used by most landlords.
Allocate 50% of net income to needs (rent, food, utilities, transport), 30% to wants, and 20% to savings. Rent should be the largest share of your needs budget.
List all non-rent expenses and savings goals, subtract from income, and whatever remains is available for rent. This calculator uses this method for the most accurate result.