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Rent Affordability Calculator
Rent to Income
Income to Rent
Rent as percentage of income:
30%
✓ Recommended
10%
25-30% (Recommended)
50%
Calculate with:
Take-home Pay
Pre-tax Income
Filing Status
Single
Married Filing Jointly
Head of Household
State
AL
AK (No income tax)
AZ
AR
CA
CO
CT
DE
FL (No income tax)
GA
HI
ID
IL
IN
IA
KS
KY
LA
ME
MD
MA
MI
MN
MS
MO
MT
NE
NV (No income tax)
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PA
RI
SC
SD (No income tax)
TN (No income tax)
TX (No income tax)
UT
VT
VA
WA (No income tax)
WV
WI
WY (No income tax)
DC
Monthly Rent: $1,500
$18,000 annually
$500
$5,000
Roommate Calculator
Number of Roommates (including you)
-
1
+
Required Income
Required Annual Income:
$0
Monthly: $0
After-Tax Monthly Income:
$0
Effective Tax Rate: 0.0%
Key Takeaways
Financial experts recommend spending 25-30% of income on rent
Your calculations are based on take-home income
Adding roommates can significantly increase affordability
Room size-based rent splitting shows exact percentage of rent per roommate
Consider other expenses like utilities, food, and transportation