You can afford rent anywhere between $992 to $1,275 per month. However, it is recommended that you spend less than 1/3 of your income on rent which is about $1,169 a month.
The maximum that you can spend on rent is $1,275 on rent on an annual income of $43K.
| Annual Income | Monthly Debt | Max Rent | Midrange | Minimum |
|---|---|---|---|---|
| $42,500 | $0 | $1,275 | $1,169 | $992 |
| $42,500 | $50 | $1,225 | $1,069 | $892 |
| $42,500 | $100 | $1,175 | $969 | $792 |
| $42,500 | $150 | $1,125 | $869 | $692 |
| $42,500 | $200 | $1,075 | $769 | $592 |
| $42,500 | $250 | $1,025 | $669 | $492 |
| $42,500 | $300 | $975 | $569 | $392 |
| $42,500 | $350 | $925 | $469 | $292 |
| $42,500 | $400 | $875 | $369 | $192 |
| $42,500 | $450 | $825 | $269 | $92 |
| $42,500 | $500 | $775 | $169 | $-8 |
| $42,500 | $550 | $725 | $69 | $-108 |
| $42,500 | $600 | $675 | $-31 | $-208 |
| $42,500 | $650 | $625 | $-131 | $-308 |
| $42,500 | $700 | $575 | $-231 | $-408 |
| $42,500 | $750 | $525 | $-331 | $-508 |
| $42,500 | $800 | $475 | $-431 | $-608 |
| $42,500 | $850 | $425 | $-531 | $-708 |
| $42,500 | $900 | $375 | $-631 | $-808 |
| $42,500 | $950 | $325 | $-731 | $-908 |
| $42,500 | $1,000 | $275 | $-831 | $-1,008 |
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