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 that you can spend on rent is $360 on rent on an annual income of $12K.
| Annual Income | Monthly Debt | Max Rent | Midrange | Minimum |
|---|---|---|---|---|
| $12,000 | $0 | $360 | $330 | $280 |
| $12,000 | $50 | $310 | $230 | $180 |
| $12,000 | $100 | $260 | $130 | $80 |
| $12,000 | $150 | $210 | $30 | $-20 |
| $12,000 | $200 | $160 | $-70 | $-120 |
| $12,000 | $250 | $110 | $-170 | $-220 |
| $12,000 | $300 | $60 | $-270 | $-320 |
| $12,000 | $350 | $10 | $-370 | $-420 |
| $12,000 | $400 | $-40 | $-470 | $-520 |
| $12,000 | $450 | $-90 | $-570 | $-620 |
| $12,000 | $500 | $-140 | $-670 | $-720 |
| $12,000 | $550 | $-190 | $-770 | $-820 |
| $12,000 | $600 | $-240 | $-870 | $-920 |
| $12,000 | $650 | $-290 | $-970 | $-1,020 |
| $12,000 | $700 | $-340 | $-1,070 | $-1,120 |
| $12,000 | $750 | $-390 | $-1,170 | $-1,220 |
| $12,000 | $800 | $-440 | $-1,270 | $-1,320 |
| $12,000 | $850 | $-490 | $-1,370 | $-1,420 |
| $12,000 | $900 | $-540 | $-1,470 | $-1,520 |
| $12,000 | $950 | $-590 | $-1,570 | $-1,620 |
| $12,000 | $1,000 | $-640 | $-1,670 | $-1,720 |
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