You can afford rent anywhere between $1,050 to $1,350 per month. However, it is recommended that you spend less than 1/3 of your income on rent which is about $1,238 a month.
The maximum that you can spend on rent is $1,350 on rent on an annual income of $45K.
| Annual Income | Monthly Debt | Max Rent | Midrange | Minimum |
|---|---|---|---|---|
| $45,000 | $0 | $1,350 | $1,238 | $1,050 |
| $45,000 | $50 | $1,300 | $1,138 | $950 |
| $45,000 | $100 | $1,250 | $1,038 | $850 |
| $45,000 | $150 | $1,200 | $938 | $750 |
| $45,000 | $200 | $1,150 | $838 | $650 |
| $45,000 | $250 | $1,100 | $738 | $550 |
| $45,000 | $300 | $1,050 | $638 | $450 |
| $45,000 | $350 | $1,000 | $538 | $350 |
| $45,000 | $400 | $950 | $438 | $250 |
| $45,000 | $450 | $900 | $338 | $150 |
| $45,000 | $500 | $850 | $238 | $50 |
| $45,000 | $550 | $800 | $138 | $-50 |
| $45,000 | $600 | $750 | $38 | $-150 |
| $45,000 | $650 | $700 | $-63 | $-250 |
| $45,000 | $700 | $650 | $-163 | $-350 |
| $45,000 | $750 | $600 | $-263 | $-450 |
| $45,000 | $800 | $550 | $-363 | $-550 |
| $45,000 | $850 | $500 | $-463 | $-650 |
| $45,000 | $900 | $450 | $-563 | $-750 |
| $45,000 | $950 | $400 | $-663 | $-850 |
| $45,000 | $1,000 | $350 | $-763 | $-950 |
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