It's a rule of thumb. High earners can spend a smaller share; low earners often must spend more in expensive metros.

Should utilities count?

Some renters include utilities in the housing budget; this calculator returns base rent only.

It's a rule of thumb. High earners can spend a smaller share; low earners often must spend more in expensive metros.

Some renters include utilities in the housing budget; this calculator returns base rent only.

Rent Calculator

Mortgage & Real Estate

Find the maximum rent you can afford based on the 30% rule.

Monthly Gross Income

Percent of Income for Rent

Other Monthly Debts

$$R_{\max} \;=\; \text{Gross}_{\text{mo}}\cdot\tau - \text{Debts}$$

Where

R_maxmax affordable rent

Gross_mogross monthly income

τtarget rent ratio

Debtsother debts