You can afford rent anywhere between $1,540 to $1,980 per month. However, it is recommended that you spend less than 1/3 of your income on rent which is about $1,815 a month.
The maximum you can afford on rent is $1,980 if you make $6K a month.
| Monthly Income | Monthly Debt | Max Rent | Midrange | Minimum |
|---|---|---|---|---|
| $5,500 | $0 | $1,980 | $1,815 | $1,540 |
| $5,500 | $50 | $1,930 | $1,765 | $1,490 |
| $5,500 | $100 | $1,880 | $1,715 | $1,440 |
| $5,500 | $150 | $1,830 | $1,665 | $1,390 |
| $5,500 | $200 | $1,780 | $1,615 | $1,340 |
| $5,500 | $250 | $1,730 | $1,565 | $1,290 |
| $5,500 | $300 | $1,680 | $1,515 | $1,240 |
| $5,500 | $350 | $1,630 | $1,465 | $1,190 |
| $5,500 | $400 | $1,580 | $1,415 | $1,140 |
| $5,500 | $450 | $1,530 | $1,365 | $1,090 |
| $5,500 | $500 | $1,480 | $1,315 | $1,040 |
| $5,500 | $550 | $1,430 | $1,265 | $990 |
| $5,500 | $600 | $1,380 | $1,215 | $940 |
| $5,500 | $650 | $1,330 | $1,165 | $890 |
| $5,500 | $700 | $1,280 | $1,115 | $840 |
| $5,500 | $750 | $1,230 | $1,065 | $790 |
| $5,500 | $800 | $1,180 | $1,015 | $740 |
| $5,500 | $850 | $1,130 | $965 | $690 |
| $5,500 | $900 | $1,080 | $915 | $640 |
| $5,500 | $950 | $1,030 | $865 | $590 |
| $5,500 | $1,000 | $980 | $815 | $540 |
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