You can afford rent anywhere between $408 to $525 per month. However, it is recommended that you spend less than 1/3 of your income on rent which is about $481 a month.
The maximum that you can spend on rent is $525 on rent on an annual income of $18K.
| Annual Income | Monthly Debt | Max Rent | Midrange | Minimum |
|---|---|---|---|---|
| $17,500 | $0 | $525 | $481 | $408 |
| $17,500 | $50 | $475 | $381 | $308 |
| $17,500 | $100 | $425 | $281 | $208 |
| $17,500 | $150 | $375 | $181 | $108 |
| $17,500 | $200 | $325 | $81 | $8 |
| $17,500 | $250 | $275 | $-19 | $-92 |
| $17,500 | $300 | $225 | $-119 | $-192 |
| $17,500 | $350 | $175 | $-219 | $-292 |
| $17,500 | $400 | $125 | $-319 | $-392 |
| $17,500 | $450 | $75 | $-419 | $-492 |
| $17,500 | $500 | $25 | $-519 | $-592 |
| $17,500 | $550 | $-25 | $-619 | $-692 |
| $17,500 | $600 | $-75 | $-719 | $-792 |
| $17,500 | $650 | $-125 | $-819 | $-892 |
| $17,500 | $700 | $-175 | $-919 | $-992 |
| $17,500 | $750 | $-225 | $-1,019 | $-1,092 |
| $17,500 | $800 | $-275 | $-1,119 | $-1,192 |
| $17,500 | $850 | $-325 | $-1,219 | $-1,292 |
| $17,500 | $900 | $-375 | $-1,319 | $-1,392 |
| $17,500 | $950 | $-425 | $-1,419 | $-1,492 |
| $17,500 | $1,000 | $-475 | $-1,519 | $-1,592 |
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