You can afford rent anywhere between $420 to $540 per month. However, it is recommended that you spend less than 1/3 of your income on rent which is about $495 a month.
The maximum that you can spend on rent is $540 on rent on an annual income of $18K.
| Annual Income | Monthly Debt | Max Rent | Midrange | Minimum |
|---|---|---|---|---|
| $18,000 | $0 | $540 | $495 | $420 |
| $18,000 | $50 | $490 | $395 | $320 |
| $18,000 | $100 | $440 | $295 | $220 |
| $18,000 | $150 | $390 | $195 | $120 |
| $18,000 | $200 | $340 | $95 | $20 |
| $18,000 | $250 | $290 | $-5 | $-80 |
| $18,000 | $300 | $240 | $-105 | $-180 |
| $18,000 | $350 | $190 | $-205 | $-280 |
| $18,000 | $400 | $140 | $-305 | $-380 |
| $18,000 | $450 | $90 | $-405 | $-480 |
| $18,000 | $500 | $40 | $-505 | $-580 |
| $18,000 | $550 | $-10 | $-605 | $-680 |
| $18,000 | $600 | $-60 | $-705 | $-780 |
| $18,000 | $650 | $-110 | $-805 | $-880 |
| $18,000 | $700 | $-160 | $-905 | $-980 |
| $18,000 | $750 | $-210 | $-1,005 | $-1,080 |
| $18,000 | $800 | $-260 | $-1,105 | $-1,180 |
| $18,000 | $850 | $-310 | $-1,205 | $-1,280 |
| $18,000 | $900 | $-360 | $-1,305 | $-1,380 |
| $18,000 | $950 | $-410 | $-1,405 | $-1,480 |
| $18,000 | $1,000 | $-460 | $-1,505 | $-1,580 |
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