easyMcalc

School arithmetic, one rounding pointConventions reviewed 12 September 2026

Rent affordability calculator

An estimate for information only, not financial advice. How this is worked out

Rent you can pay $1,560 Full breakdown

Your income
Gross pay, which is the base the rule of thumb is stated on.
Thirty per cent is the usual rule of thumb. It is a convention, not a limit anyone enforces.
Your budget, if you want the second answer Leave these empty and the page answers with the rule of thumb alone. Filling them in is what makes the answer yours.
What actually lands in the account, after tax and contributions. The paycheck calculator works it out if you do not have the figure.

What you can pay in rent

Rent you can pay $1,560

By the rule of thumb, on gross pay
$1,560

Only the rule of thumb was used, because no take-home pay was given. It knows nothing about your other commitments, your city or your debts.

The two answers stand on different income figures and that is deliberate. The rule of thumb is a share of pay before tax; the budget line starts from what reaches your account. Comparing them without saying which is which is how the same person gets two very different numbers.

Two answers, and they stand on different money

Ask what rent you can afford and you get two kinds of answer. The rule of thumb takes a share of your pay before tax, usually thirty per cent. The budget answer starts from what actually reaches your account and takes off everything already spoken for. Both are in use, they rarely agree, and the difference between them is not small.

This page gives both and labels the base of each, because that is where the confusion lives. Thirty per cent of gross pay can be forty per cent or more of take-home pay, depending entirely on where you are taxed. Someone applying the familiar rule in a high-tax country and someone applying it in a low-tax one are doing two different things with the same sentence.

When both halves are filled in, the answer is the lower of the two. A limit that binds is the one that binds.

The rule of thumb, and where it came from

The thirty per cent figure is a convention with a long history in housing policy, and its usefulness is that it is a single number everyone has heard of. Its weakness is that it ignores everything that makes one household different from another: how many people the income supports, whether there is a car loan, whether the city has transport worth using, whether utilities are included in the rent.

It is also a share of gross pay, which means the same percentage leaves wildly different amounts behind in different tax systems. Treat it as a starting point and a sanity check, not as a budget.

The budget answer, which is yours

The second half is simple arithmetic on real numbers: take-home pay, less the commitments you already have, less what you intend to save. Whatever is left is what can go on rent.

Two warnings about it. The commitments line should include the payments that do not vary, so debt payments, insurance, transport and childcare; leaving out an expensive one produces a confident number that is wrong. And treating savings as something to do with whatever is left over rather than as a line in the budget is how people rent well and save nothing for years. Putting it above the rent line is the point of that field.

If the commitments and savings already use the whole packet, the page says so rather than printing a negative rent. That is a real answer, and it means something has to change before a tenancy is signed.

What rent does not cover, and what the page cannot see

Rent is rarely the whole cost of a home. Utilities, broadband, contents insurance, any service or local charge the tenant pays, and the cost of getting to work all come after it. A cheaper flat an hour further out is not always cheaper.

The page also knows nothing about what a landlord will accept. Many require income of some multiple of the rent, or a guarantor, or several months up front; those tests use gross income and their own multiples, and they are not affordability so much as a filter.

Common questions

Which number should I trust?

The budget one, if you filled it in honestly. It is built from your figures rather than from an average of everyone. The rule of thumb is useful as a second opinion: being far above it is a signal worth noticing even when the budget says it fits.

Why is thirty per cent of gross more than thirty per cent of take-home?

Because tax and contributions come out in between. The paycheck calculator turns a salary into what actually arrives, which is the figure the budget half of this page wants.

Should the rent share be higher in an expensive city?

In practice it is, and the rule of thumb takes no view on that. Raising the share is a decision to spend less on everything else, which is legitimate and worth doing deliberately. Change the percentage and the page will follow it.

Does this work for a couple sharing?

Yes, with both incomes and both sets of commitments added together, or by running it separately for each person if the rent is split unevenly. The arithmetic does not care; the honesty of the commitments line does.

Is anything I type stored?

No. The calculation happens on the server as part of rendering the page, nothing is written down, and the access log for this site drops the query string precisely so that the numbers you enter are never recorded.

Sources

There is nothing to cite. This page is school arithmetic on the numbers you typed, and no authority defines a right way to do it. What is worth stating instead is the convention the page chose, which is in the note below.

How this is worked out

One amount, one percentage, and the amount they imply. The part is the amount multiplied by the rate and rounded to the nearest minor unit, in a single step; the rest is the amount less the part rather than a second multiplication, so the two halves always add up to what was split. A share is the part divided by the whole, rounded the same way. Every figure on this page is one of those three steps or a chain of them.

Nothing here is a quote, an offer or an underwriting decision.

What this page does not take into account:

  • Income tax and any other deduction from what you earn
  • Groceries, utilities, childcare and everything else that is not a debt
  • What a landlord will accept: income multiples, guarantors, months up front