You can afford rent anywhere between $700 to $900 per month. However, it is recommended that you spend less than 1/3 of your income on rent which is about $825 a month.
The maximum that you can spend on rent is $900 on rent on an annual income of $30K.
| Annual Income | Monthly Debt | Max Rent | Midrange | Minimum |
|---|---|---|---|---|
| $30,000 | $0 | $900 | $825 | $700 |
| $30,000 | $50 | $850 | $725 | $600 |
| $30,000 | $100 | $800 | $625 | $500 |
| $30,000 | $150 | $750 | $525 | $400 |
| $30,000 | $200 | $700 | $425 | $300 |
| $30,000 | $250 | $650 | $325 | $200 |
| $30,000 | $300 | $600 | $225 | $100 |
| $30,000 | $350 | $550 | $125 | $0 |
| $30,000 | $400 | $500 | $25 | $-100 |
| $30,000 | $450 | $450 | $-75 | $-200 |
| $30,000 | $500 | $400 | $-175 | $-300 |
| $30,000 | $550 | $350 | $-275 | $-400 |
| $30,000 | $600 | $300 | $-375 | $-500 |
| $30,000 | $650 | $250 | $-475 | $-600 |
| $30,000 | $700 | $200 | $-575 | $-700 |
| $30,000 | $750 | $150 | $-675 | $-800 |
| $30,000 | $800 | $100 | $-775 | $-900 |
| $30,000 | $850 | $50 | $-875 | $-1,000 |
| $30,000 | $900 | $0 | $-975 | $-1,100 |
| $30,000 | $950 | $-50 | $-1,075 | $-1,200 |
| $30,000 | $1,000 | $-100 | $-1,175 | $-1,300 |
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