About the Rent Calculator
Check if your rent is affordable with the 30% rule and see the total monthly housing cost and move-in cash. This tool is free, works in your browser and needs no sign-up.
How to use the Rent Calculator
Enter the rent, utilities, renters insurance, other fees, your monthly income and how many months of deposit are required.
Formula used
Rent share = rent ÷ gross monthly income. Income needed = rent ÷ 0.30. Move-in cash = rent + deposit + insurance.
Example
With Monthly rent 1500, Utilities and internet per month 150, Renters insurance per month 20, Parking and other fees per month 0, Gross income per month 5000, the calculator shows: Total monthly housing cost = 1,670.00; Rent as % of income = 30.0%; Verdict (30% rule) = Within the 30% guideline.
Frequently asked questions
What is the 30% rent rule?
The rule says rent should be no more than about 30% of your gross income. It is a guideline, and high-cost cities often need a larger share.
Is the Rent Calculator free to use?
Yes. It is completely free and you can use it as many times as you like.
How accurate is the Rent Calculator?
The calculator uses standard formulas, so the maths is exact. Real life results can differ because of fees, taxes, rounding or personal factors, so treat the answer as an estimate.
Do you store the numbers I enter?
No. All calculations run in your browser. The values you type are not sent to our server.
Disclaimer: results are estimates for information only. They are not financial, medical or professional advice.