Rent Affordability Calculator - How Much Rent Can I Afford?

Rent Affordability Calculator

*Gross Income

*Monthly Debt Obligations

($)

Rent-to-Income Ratio

Safe Rent After Debt

Remaining Income (Safe)

Monthly Gross Income

Monthly Debt Obligations

Safety Status

Rent After Debt

Remaining Income

Affordability Status

Difference in Rent Budget

Financial Cushion Difference

This calculator is based on established financial guidelines from reputable government and financial institutions:

U.S. Department of Housing and Urban Development (HUD): Housing Affordability Guidelines - recommends housing costs not exceed 30% of gross income
Consumer Financial Protection Bureau (CFPB): Debt-to-Income Ratio Guidelines - provides standards for total debt obligations
Federal Housing Administration (FHA): FHA Lending Guidelines - establishes industry standards for housing affordability ratios
Federal Reserve Economic Data (FRED): Housing Cost Statistics - national housing affordability data