Rent Affordability Calculator

Find out how much rent you can comfortably afford based on your income and existing debt. See results using the 30% rule, landlord screening thresholds, and conservative-to-aggressive ranges.

Your Income & Debt

Enter income as:
$
$

Car, student loans, credit cards — not utilities

Recommended Maximum Rent (30% Rule)

$1,500

Conservative (25%)

$1,250

More room for savings

Recommended (30%)

$1,500

Standard guideline

Aggressive (35%)

$1,750

Tighter budget

Landlord screening: Most landlords require income of at least 3x the rent. Based on your income, you'd qualify for up to $1,667/mo under this standard.

Adjusted for debt: After your $500/mo in debt payments, the 30% rule suggests no more than $1,350/mo on rent.

See what rents look like in your area

Search any zip code to see median rents and market trends — so you know what your budget gets you.

The 30% Rule: How Much Should You Spend on Rent?

The most widely used guideline says spend no more than 30% of gross monthly income on rent. This has been the standard since 1981 when the U.S. government set it as the threshold for "affordable" housing. Spending more is considered "cost-burdened." In practice, millions of renters in high-cost cities exceed 30% — the rule is a target, not a ceiling.

Why Landlords Use the 3:1 Rule

Most landlords screen tenants by requiring gross income of at least 3 times the monthly rent. This is roughly equivalent to the 33% rule and ensures tenants can comfortably cover rent plus other expenses. Knowing this threshold before you start searching saves time — you can focus on rentals you are likely to qualify for.

Want to see what rents look like in a specific area? Check our Fair Market Rent lookup to see HUD rent data by zip code, or create a free PropMetrics account to browse real-time rental listings and market data.

What If You Can't Find Anything in Your Budget?

If the 30% rule puts you well below median rents in your area, you have a few options. Look at nearby zip codes where rents are lower. Consider a roommate to split costs. Or look at the 35% threshold — it is tighter, but it is reality for many renters in high-cost markets. The key is knowing your number before you start searching so you don't waste time on places you can't afford.

For Landlords: Setting Rent That Tenants Can Afford

If you own rental property, understanding affordability from the tenant's perspective helps you price correctly. A rental priced above what local incomes support will sit vacant longer and attract fewer qualified applicants. Check our guide to setting rent for a comp-based approach to pricing.

Try PropMetrics Free

Search any U.S. address and get rental comps, rent estimates, and market data instantly. No credit card required.

More Tools