Find out how much rent you can safely afford each month without becoming rent-burdened, with custom recommendations for conservative, balanced, and aggressive budgets.
Mathematical Formula
30% Rule = Monthly Gross Income × 0.30; 40x Rule = Annual Gross Income / 40.
Frequently Asked Questions
What is the 40x rent rule?
In competitive rental markets like New York, Toronto, or London, landlords frequently require your annual gross income to be at least 40 times the monthly rent (equivalent to earning 3.33 times the rent per month).