You can afford rent anywhere between $1,400 to $1,800 per month. However, it is recommended that you spend less than 1/3 of your income on rent which is about $1,650 a month.
The maximum that you can spend on rent is $1,800 on rent on an annual income of $60K.
| Annual Income | Monthly Debt | Max Rent | Midrange | Minimum |
|---|---|---|---|---|
| $60,000 | $0 | $1,800 | $1,650 | $1,400 |
| $60,000 | $50 | $1,750 | $1,550 | $1,300 |
| $60,000 | $100 | $1,700 | $1,450 | $1,200 |
| $60,000 | $150 | $1,650 | $1,350 | $1,100 |
| $60,000 | $200 | $1,600 | $1,250 | $1,000 |
| $60,000 | $250 | $1,550 | $1,150 | $900 |
| $60,000 | $300 | $1,500 | $1,050 | $800 |
| $60,000 | $350 | $1,450 | $950 | $700 |
| $60,000 | $400 | $1,400 | $850 | $600 |
| $60,000 | $450 | $1,350 | $750 | $500 |
| $60,000 | $500 | $1,300 | $650 | $400 |
| $60,000 | $550 | $1,250 | $550 | $300 |
| $60,000 | $600 | $1,200 | $450 | $200 |
| $60,000 | $650 | $1,150 | $350 | $100 |
| $60,000 | $700 | $1,100 | $250 | $0 |
| $60,000 | $750 | $1,050 | $150 | $-100 |
| $60,000 | $800 | $1,000 | $50 | $-200 |
| $60,000 | $850 | $950 | $-50 | $-300 |
| $60,000 | $900 | $900 | $-150 | $-400 |
| $60,000 | $950 | $850 | $-250 | $-500 |
| $60,000 | $1,000 | $800 | $-350 | $-600 |
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