Rent Budget Calculator

Rent Budget Calculator calculator can be used to determine your affordable rent based on your income, expenses, and savings goals.

Input Parameters

Calculation Results

Affordable Rent

$0.00

Based on your inputs, your affordable rent is calculated as follows:
Affordable Rent = (Gross Monthly Income - Monthly Expenses - Monthly Savings Goal)

Rent Budget Calculator Calculator Usage Guide

Learn how to use the Rent Budget Calculator calculator and its working principles

How to Use the Calculator

  1. Enter your gross monthly income in the "Gross Monthly Income" field.
  2. Enter your total monthly expenses in the "Monthly Expenses" field.
  3. Enter your monthly savings goal in the "Monthly Savings Goal" field.
  4. Click the "Calculate" button to determine your affordable rent.

Working Principle

The calculator determines your affordable rent by subtracting your monthly expenses and monthly savings goal from your gross monthly income. The result is the maximum amount you can afford to spend on rent each month.

Example

If your gross monthly income is $3,000, your monthly expenses are $1,000, and your monthly savings goal is $500, your affordable rent would be $1,500 ($3,000 - $1,000 - $500).