Rent Affordability Calculator

Find out how much rent you can afford

Calculate how much rent you can afford based on your annual income. The general rule of thumb used by landlords and letting agents is that your annual income should be at least 30 times the monthly rent.

💰 Your Income

£

Affordable Monthly Rent

£0

Based on your £30,000 annual income, the maximum rent you can afford is £0 monthly.

📌 How is this calculated?

The general rule of thumb is your annual income should be 30 times the monthly rent.

Or, you can divide your annual income by 30 to get your maximum affordable monthly rent.

£30,000 ÷ 30 = £0

This ensures that your rent doesn't exceed approximately 33% of your gross monthly income, which is considered a safe threshold by most landlords and letting agents.

💡 Tips

  • This is a general guideline - some landlords may be more or less strict
  • Consider other monthly expenses like utilities, council tax, and transportation
  • Having a guarantor can help if your income doesn't meet the requirement
  • Self-employed individuals may need to provide additional documentation

📊 Rent Affordability Table

The table below shows the monthly rent and the annual income expected.

Monthly RentRequired Income

Highlighted row shows your affordable rent range

📝 Example

If the monthly rent is £500, then you would need an annual income of £15,000 to pass the affordability check.

£500 × 30 = £15,000

🔄 Quick Reference

Your Annual Income£30,000
Monthly Income£2,500
Max Monthly Rent£0
Rent as % of Income0.0%