You can afford rent anywhere between $280 to $360 per month. However, it is recommended that you spend less than 1/3 of your income on rent which is about $330 a month.
The maximum you can afford on rent is $360 if you make $1K a month.
| Monthly Income | Monthly Debt | Max Rent | Midrange | Minimum |
|---|---|---|---|---|
| $1,000 | $0 | $360 | $330 | $280 |
| $1,000 | $50 | $310 | $280 | $230 |
| $1,000 | $100 | $260 | $230 | $180 |
| $1,000 | $150 | $210 | $180 | $130 |
| $1,000 | $200 | $160 | $130 | $80 |
| $1,000 | $250 | $110 | $80 | $30 |
| $1,000 | $300 | $60 | $30 | $-20 |
| $1,000 | $350 | $10 | $-20 | $-70 |
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