Rent-to-income calculator
Put in the monthly rent and the multiple you use. Add an applicant’s income to see whether it meets it.
- Gross monthly income needed
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- Gross annual income needed
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- Does the applicant meet it?
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- Highest rent at this multiple
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How it works: the rent times the multiple gives the gross monthly income needed, and times 12 the annual income. The highest rent is the applicant’s gross monthly income divided by the multiple.
Some places limit how landlords may use income ratios to screen applicants. See tenant screening laws by state