How Much Rent Can I Afford?
Find a safe rent from your income using the 30% rule, the 3x rule and your existing debts.
Three common rules
The 30% rule says rent should be at most 30% of gross income. Many landlords use the 3x rule, asking for income of at least three times the rent. If you have debts, a total debt limit of about 36% leaves less for rent. We show all three and suggest the lower of the first and last.
Beyond the rule
Remember utilities, renters insurance, transport and a deposit. Cheaper rent leaves more for saving and investing.
Worked example
Last reviewed November 2026. Formulas are standard and shown in the sections above; results are estimates.
Tips and common mistakes
- Budget for the deposit and first month up front.
- Include utilities in your rent budget.
- If rent is above 30%, reduce other costs.
Frequently asked questions
Is gross or net income used?
Gross income, before tax.
What if rent is above 30%?
It is common in expensive cities but squeezes saving. Cut other costs or consider a roommate.
Does it include utilities?
No. Add them separately.
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