Rent Budget Calculator Tool

Rent Budget Calculator

Rent Budget Calculator

Recommended Rent Budget: $

Formula: Rent Budget = Monthly Income × Rent Percentage / 100

Rent Budget Calculator – How much should I spend on rent?
Parameter Description Example Value
Monthly Income Your total monthly income before taxes and other deductions. $4,000
Rent Budget Percentage The percentage of your monthly income you want to allocate to rent. A common recommendation is 30%. 30%
Monthly Rent Budget The maximum amount you should spend on rent each month.
Formula: Monthly Income * Rent Budget Percentage / 100
$1,200

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