You can afford rent anywhere between $1,505 to $1,934 per month. However, it is recommended that you spend less than 1/3 of your income on rent which is about $1,773 a month.
The maximum you can spend on rent is $1,934 on rent if you make $31 an hour.
| Hourly Rate | Monthly Income | Monthly Debt | Max Rent | Midrange | Minimum |
|---|---|---|---|---|---|
| $31 | $5,373.33 | $0 | $1,934 | $1,773 | $1,505 |
| $31 | $5,373.33 | $50 | $1,884 | $1,723 | $1,455 |
| $31 | $5,373.33 | $100 | $1,834 | $1,673 | $1,405 |
| $31 | $5,373.33 | $150 | $1,784 | $1,623 | $1,355 |
| $31 | $5,373.33 | $200 | $1,734 | $1,573 | $1,305 |
| $31 | $5,373.33 | $250 | $1,684 | $1,523 | $1,255 |
| $31 | $5,373.33 | $300 | $1,634 | $1,473 | $1,205 |
| $31 | $5,373.33 | $350 | $1,584 | $1,423 | $1,155 |
| $31 | $5,373.33 | $400 | $1,534 | $1,373 | $1,105 |
| $31 | $5,373.33 | $450 | $1,484 | $1,323 | $1,055 |
| $31 | $5,373.33 | $500 | $1,434 | $1,273 | $1,005 |
| $31 | $5,373.33 | $550 | $1,384 | $1,223 | $955 |
| $31 | $5,373.33 | $600 | $1,334 | $1,173 | $905 |
| $31 | $5,373.33 | $650 | $1,284 | $1,123 | $855 |
| $31 | $5,373.33 | $700 | $1,234 | $1,073 | $805 |
| $31 | $5,373.33 | $750 | $1,184 | $1,023 | $755 |
| $31 | $5,373.33 | $800 | $1,134 | $973 | $705 |
| $31 | $5,373.33 | $850 | $1,084 | $923 | $655 |
| $31 | $5,373.33 | $900 | $1,034 | $873 | $605 |
| $31 | $5,373.33 | $950 | $984 | $823 | $555 |
| $31 | $5,373.33 | $1,000 | $934 | $773 | $505 |
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