You can afford rent anywhere between $1,167 to $1,500 per month. However, it is recommended that you spend less than 1/3 of your income on rent which is about $1,375 a month.
The maximum that you can spend on rent is $1,500 on rent on an annual income of $50K.
| Annual Income | Monthly Debt | Max Rent | Midrange | Minimum |
|---|---|---|---|---|
| $50,000 | $0 | $1,500 | $1,375 | $1,167 |
| $50,000 | $50 | $1,450 | $1,275 | $1,067 |
| $50,000 | $100 | $1,400 | $1,175 | $967 |
| $50,000 | $150 | $1,350 | $1,075 | $867 |
| $50,000 | $200 | $1,300 | $975 | $767 |
| $50,000 | $250 | $1,250 | $875 | $667 |
| $50,000 | $300 | $1,200 | $775 | $567 |
| $50,000 | $350 | $1,150 | $675 | $467 |
| $50,000 | $400 | $1,100 | $575 | $367 |
| $50,000 | $450 | $1,050 | $475 | $267 |
| $50,000 | $500 | $1,000 | $375 | $167 |
| $50,000 | $550 | $950 | $275 | $67 |
| $50,000 | $600 | $900 | $175 | $-33 |
| $50,000 | $650 | $850 | $75 | $-133 |
| $50,000 | $700 | $800 | $-25 | $-233 |
| $50,000 | $750 | $750 | $-125 | $-333 |
| $50,000 | $800 | $700 | $-225 | $-433 |
| $50,000 | $850 | $650 | $-325 | $-533 |
| $50,000 | $900 | $600 | $-425 | $-633 |
| $50,000 | $950 | $550 | $-525 | $-733 |
| $50,000 | $1,000 | $500 | $-625 | $-833 |
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