3 Time Rent (Required Gross Income)
Required Gross Income Per Tenant
This calculator is provided for informational purposes only. You should evaluate your finances carefully before signing a lease on a new apartment.
Try the rent rule of thumb. The 3x rent rule is a general guideline that many landlords follow, which says that the ideal income level of a potential tenant is 3 times the amount of rent. The rent-to-income ratio determines the monthly gross income a tenant must earn to afford the rent each month. Đ¢here are many methods for determining what is considered affordable rent, and the calculator is simply one method that may help. Affordable is a relative term and carries a different meaning for different people. The 3x rent rule is based on gross income, not net income.