Rent affordability calculator
A rent you can pay comfortably and still save.
₹80,000 (80 thousand) · After tax; add a partner’s income if you share rent
30% is the common rule of thumb
Rent you can afford
₹24,000
30% of your income
- 30% of income
- ₹24,000
- Comfortable rent
- ₹24,000
- Comfortable range (25–35%)
- ₹20,000 – ₹28,000
- Left after rent and EMIs
- ₹56,000
Remember the one-off costs of moving: a security deposit (often 2–6 months’ rent in big cities), agent fees and maintenance charges.
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How to work out how much rent you can afford
- 1
Enter your monthly take-home income.
- 2
Set the share of income for rent (30% by default).
- 3
Add any loan EMIs you pay.
- 4
See your comfortable rent and what’s left over.
How much rent fits your budget
Rent is usually the biggest monthly bill, and getting it wrong squeezes everything else: savings, emergencies and day-to-day spending. The calculator applies the common 30% rule to your take-home income, adjusts it for any loan EMIs, and shows a comfortable range and what’s left each month.
A rent budget calculator using the 30 percent rule for rent and the rent to income ratio: how much rent can I afford?
The 30% rule
Spend no more than about 30% of your take-home pay on rent. On 80,000 a month that’s 24,000. A range of 25–35% is reasonable: lower if you’re saving hard or have dependants, higher in expensive cities where it’s hard to avoid.
When you have loans
EMIs for a car, education or personal loan compete with rent for the same income. If you add them, the calculator also keeps rent plus EMIs within 40% of income (adjustable). For example, with an income of 60,000 and EMIs of 10,000, the 30% rule allows 18,000 but the 40% limit allows only 14,000, so 14,000 is the comfortable rent.
Costs beyond the rent
- A security deposit, often 2 months’ rent and up to 6–10 months in some cities.
- Brokerage or agent fees, often one month’s rent.
- Maintenance, electricity, water, gas and internet.
- Moving and furnishing costs.
Keep these out of your emergency fund; see the emergency fund calculator for how big that should be.
Renting or buying?
Compare the rent you can afford with the EMI on a home you could buy using the house affordability calculator. Tenants claiming HRA can make monthly receipts with the rent receipt generator.
Frequently asked questions
What is the 30% rule for rent?
Spend no more than about 30% of your take-home income on rent, so the rest covers essentials, savings and emergencies.
Why do my EMIs matter?
Rent and loan payments together shouldn’t take too much of your income. With EMIs, the calculator keeps rent plus EMIs within 40% of income by default.
Should I use gross or take-home income?
Take-home income (after tax and deductions), because that’s what pays the rent.
What other costs should I plan for?
A security deposit, often 2–6 months’ rent in big cities, plus maintenance, utilities, agent fees and moving costs.