How Much Rent Can I Afford on an Hourly Wage?

Enter your hourly pay and weekly hours. The calculator turns that into yearly and monthly income, then shows rent at 25%, 30%, and 35% of gross pay.

Uses 52 paid weeks. Overtime and unpaid time off will change the result.

Gross income

$3,813 / month

$45,760 a year before taxes

Conservative 25%

$953

Balanced 30%

$1,144

Stretch 35%

$1,335

Hourly wage to rent examples

At 40 hours a week, monthly gross pay is the hourly rate times 2,080 hours, divided by 12. The 30% rent guideline is that monthly amount times 0.30. Landlords usually look at gross income, while you pay rent from take-home pay, so the 25% number is safer if taxes and debt are high.

Hourly wage30% rent (40 hrs/week)
$18 / hour$936 / month
$20 / hour$1,040 / month
$22 / hour$1,144 / month
$25 / hour$1,300 / month
$30 / hour$1,560 / month

Making $22 an hour full time is about $3,813 a month before taxes, so a 30% rent budget is about $1,144. Making $18 an hour is about $936 of rent at the same rule.

Use monthly income instead