Apartment Rent Calculator

Calculate how much rent you can afford based on your income and budget for additional costs.

Income & Budget

Monthly Income (after tax) ($)

Housing Budget (% of income)

Recommended: 30% or less

Additional Monthly Costs

Utilities ($)

Parking ($)

Pet Fee ($)

Renters Insurance ($)

Other Fees ($)

$1,225/mo

Total housing: $1,500/mo

Base Rent$1225.00

Utilities$150.00

Parking$100.00

Renters Insurance$25.00

Total Monthly$1500.00

$14,700

Annual Rent

$18,000

Total Annual Housing

$1,000 rent$3,333/mo income

$1,500 rent$5,000/mo income

$2,000 rent$6,667/mo income

$2,500 rent$8,333/mo income

$3,000 rent$10,000/mo income

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MyCalcBuddy Editorial Team

This page is maintained as an educational calculator reference.

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Formula Source: Standard Mathematical References

by Various

ðŸ”„Last reviewed: May 2026

âœ“Formula checks are based on standard references and internal QA review.