You can afford rent anywhere between $887 to $1,140 per month. However, it is recommended that you spend less than 1/3 of your income on rent which is about $1,045 a month.
The maximum that you can spend on rent is $1,140 on rent on an annual income of $38K.
| Annual Income | Monthly Debt | Max Rent | Midrange | Minimum |
|---|---|---|---|---|
| $38,000 | $0 | $1,140 | $1,045 | $887 |
| $38,000 | $50 | $1,090 | $945 | $787 |
| $38,000 | $100 | $1,040 | $845 | $687 |
| $38,000 | $150 | $990 | $745 | $587 |
| $38,000 | $200 | $940 | $645 | $487 |
| $38,000 | $250 | $890 | $545 | $387 |
| $38,000 | $300 | $840 | $445 | $287 |
| $38,000 | $350 | $790 | $345 | $187 |
| $38,000 | $400 | $740 | $245 | $87 |
| $38,000 | $450 | $690 | $145 | $-13 |
| $38,000 | $500 | $640 | $45 | $-113 |
| $38,000 | $550 | $590 | $-55 | $-213 |
| $38,000 | $600 | $540 | $-155 | $-313 |
| $38,000 | $650 | $490 | $-255 | $-413 |
| $38,000 | $700 | $440 | $-355 | $-513 |
| $38,000 | $750 | $390 | $-455 | $-613 |
| $38,000 | $800 | $340 | $-555 | $-713 |
| $38,000 | $850 | $290 | $-655 | $-813 |
| $38,000 | $900 | $240 | $-755 | $-913 |
| $38,000 | $950 | $190 | $-855 | $-1,013 |
| $38,000 | $1,000 | $140 | $-955 | $-1,113 |
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