Rent Calculator

Check rent affordability against income using common rule-of-thumb ratios.

Rent Calculator helps you check rent affordability against income using common rule-of-thumb ratios. Enter gross monthly income, monthly rent, and other housing costs, review the breakdown, and use the guidance below to understand what the number means — and what it does not. What the Rent calculator does Rent Calculator is built for money decisions — loans, savings, payments, and taxes. Check rent affordability against income using common rule-of-thumb ratios. You enter gross monthly income, monthly rent, and other housing costs, then Simple Calculators computes the result instantly. Rates, fees, and tax rules vary by lender and country, so treat results as planning numbers, not a contract. How the math works Enter your Gross monthly income (pay before tax), Monthly rent and Other housing costs such as utilities, renter insurance and parking. The rent-to-income figure is (rent + other housing costs) ÷ gross monthly income. The guideline table shows 25%, 30% and 40% of your income and compares them with the rent alone. These are rules of thumb, not lender or landlord requirements. The formula: Rent-to-income = (rent + other housing costs) ÷ gross monthly income. Gross income is pay…