Advanced Rent Calculator

Calculate rental affordability and analyze housing costs with comprehensive financial planning and 3D visualizations

🏠 Rental Information

Enter income and rental details for affordability analysis

Income Details

Monthly Gross Income ($)

Monthly Net Income ($)

Rental Costs

Monthly Rent ($)

Security Deposit ($)

Application Fee ($)

Utilities & Additional Costs

Utilities (Electric, Gas, Water) ($)

Internet/Cable ($)

Parking ($)

Renters Insurance ($)

Other Monthly Expenses

Food & Groceries ($)

Transportation ($)

Debt Payments ($)

Other Expenses ($)

📊 Affordability Analysis

Rental affordability assessment

Enter income and rental details to see affordability analysis

📈 Expense Breakdown

Monthly expense distribution

📊 Affordability Comparison

Rent-to-income ratios and recommendations

Understanding Rental Affordability

Rental affordability is crucial for financial stability. The 30% rule suggests spending no more than 30% of gross income on housing, but personal circumstances may require adjustments.

30% Rule

Traditional guideline suggesting housing costs should not exceed 30% of gross monthly income for financial stability.

50/30/20 Budget

Allocate 50% to needs (including rent), 30% to wants, and 20% to savings and debt repayment.

Total Housing Costs

Include rent, utilities, insurance, and parking when calculating true housing expenses for accurate budgeting.

Emergency Fund

Maintain 3-6 months of expenses in savings to handle unexpected costs or income disruptions.