What's your budget?

Tell us where you're moving, how many bedroom you need, and monthly income before taxes.
We'll help you find the best apartment for your budget.

I'm moving to:

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I need a:

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My monthly income is:

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Budget Suggestions

Live comfortably by spending between to on rent. You'll have around left over before taxes.

Living Modestly

Living Comfortably

Living Luxury

Disclaimer: This calculator is for illustrative purpose only and the results you receive are just a suggestion. You should evaluate your finances before signing a lease for an apartment.

Rentals Matching Your Budget in

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Start your apartment search within your budget!

On Apartment Finder, you've got the world of rentals at your fingertips. From affordable floor plans and modern features to price drops and rent specials, the budget-conscious options are endless. Before you set your heart on the perfect place, consider how much rent you can afford based on your income.  

Setting a firm budget before going into the apartment search is best. Not only does it narrow down your options, but it helps you keep your expectations realistic. So, what exactly is your rent budget? Experts have worked out simple calculations to determine how much you can spend on the perfect rental.

How Much Rent Can I Afford?

Just because you can spend 30% of your monthly income on rent doesn't mean you have to. A general guideline to live by is the 50/30/20 model. In this model, 50% of your income is spent on needs, 30% on wants, and 20% on savings. Your fixed costs include, but are not limited to, the following: 

• Rent
• Insurance Premiums 
• Student Loans
• Minimum Debt Payments
• Groceries
• Utilities

Maybe you paid off your car in full, or your college tuition was covered by scholarship money. If you evaluate your fixed costs and have some extra wiggle room, you may be able to comfortably spend 35 % or even 40 % of your monthly income on rent. Similarly, if it makes more sense to keep your rent down to 15 - 20 %, there's no hard rule saying you can't! These guidelines are intended to help you craft a budget that allows you to live comfortably within your means, and that looks different for every renter.

Monthly Income

$0/Mo.
32%
Living Expenses
(50% of your income)
$0/Mo.
32%
Daily Expenses
(30% of your income)
$0/Mo.
32%
Savings
(20% of your income)
$0/Mo.
DISCLAIMER: This chart is for illustrative purpose only and the results you receive are just a suggestions based on your inputs from the calculator above. You should evaluate your finances before signing a lease for an apartment.

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