You can afford rent anywhere between $582 to $749 per month. However, it is recommended that you spend less than 1/3 of your income on rent which is about $686 a month.
The maximum you can spend on rent is $749 on rent if you make $12 an hour.
Hourly Rate | Monthly Income | Monthly Debt | Max Rent | Midrange | Minimum |
---|---|---|---|---|---|
$12 | $2,080.00 | $0 | $749 | $686 | $582 |
$12 | $2,080.00 | $50 | $699 | $636 | $532 |
$12 | $2,080.00 | $100 | $649 | $586 | $482 |
$12 | $2,080.00 | $150 | $599 | $536 | $432 |
$12 | $2,080.00 | $200 | $549 | $486 | $382 |
$12 | $2,080.00 | $250 | $499 | $436 | $332 |
$12 | $2,080.00 | $300 | $449 | $386 | $282 |
$12 | $2,080.00 | $350 | $399 | $336 | $232 |
$12 | $2,080.00 | $400 | $349 | $286 | $182 |
$12 | $2,080.00 | $450 | $299 | $236 | $132 |
$12 | $2,080.00 | $500 | $249 | $186 | $82 |
$12 | $2,080.00 | $550 | $199 | $136 | $32 |
$12 | $2,080.00 | $600 | $149 | $86 | $-18 |
$12 | $2,080.00 | $650 | $99 | $36 | $-68 |
$12 | $2,080.00 | $700 | $49 | $-14 | $-118 |
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