Find out in 30 seconds. Uses the 30% rule, debt-to-income, and shows which of 10 NA cities match your budget. Includes 5 strategies to rent affordably.
The 30% rule: your rent should not exceed 30% of gross monthly income. On $50K/year ($4,167/mo), max rent is $1,250. The strict version: 25% of gross income is the safer target. The actual limit depends on your other debts: total debt payments (rent + car + student loans + credit cards) should not exceed 36% of gross income (the 36% rule).