You can afford rent anywhere between $1,260 to $1,620 per month. However, it is recommended that you spend less than 1/3 of your income on rent which is about $1,485 a month.
The maximum you can afford on rent is $1,620 if you make $5K a month.
| Monthly Income | Monthly Debt | Max Rent | Midrange | Minimum |
|---|---|---|---|---|
| $4,500 | $0 | $1,620 | $1,485 | $1,260 |
| $4,500 | $50 | $1,570 | $1,435 | $1,210 |
| $4,500 | $100 | $1,520 | $1,385 | $1,160 |
| $4,500 | $150 | $1,470 | $1,335 | $1,110 |
| $4,500 | $200 | $1,420 | $1,285 | $1,060 |
| $4,500 | $250 | $1,370 | $1,235 | $1,010 |
| $4,500 | $300 | $1,320 | $1,185 | $960 |
| $4,500 | $350 | $1,270 | $1,135 | $910 |
| $4,500 | $400 | $1,220 | $1,085 | $860 |
| $4,500 | $450 | $1,170 | $1,035 | $810 |
| $4,500 | $500 | $1,120 | $985 | $760 |
| $4,500 | $550 | $1,070 | $935 | $710 |
| $4,500 | $600 | $1,020 | $885 | $660 |
| $4,500 | $650 | $970 | $835 | $610 |
| $4,500 | $700 | $920 | $785 | $560 |
| $4,500 | $750 | $870 | $735 | $510 |
| $4,500 | $800 | $820 | $685 | $460 |
| $4,500 | $850 | $770 | $635 | $410 |
| $4,500 | $900 | $720 | $585 | $360 |
| $4,500 | $950 | $670 | $535 | $310 |
| $4,500 | $1,000 | $620 | $485 | $260 |
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