How Much Rent Can I Afford Making $60,000 a Year?

About $1,500 per month for housing using the 30% guideline. Adjust your income or check your actual budget below.

Your Income

Enter your pay before taxes and deductions.

$5,000 per month before tax.

Have loans, bills, or a savings goal?

Monthly rent guideline

$1,500/ month

30% of your income, before housing bills. A 25% target would be $1,250.

Can I afford this apartment?

Enter its monthly rent, or slide to explore.

$0$2,400
Right at the 30% guideline

Compared with 30% of your before-tax income, including any housing bills entered. Your actual budget may differ.

A starting point for your search. Your take-home pay and expenses determine what fits.

Updates as you type. No signup required.How this is calculated

Rent budget for $60,000 a Year

MeasureMonthly amount
Gross income$5,000
Lower target (25%)$1,250
Standard guideline (30%)$1,500
3× income screen$1,667

These figures use gross income and include room for utilities. Housing bills paid separately reduce the amount available for rent. The 3× figure illustrates an income screen, not a personal budget or a guarantee of rental approval.

Choose My actual budget above to subtract spending, savings, and housing bills from your take-home pay. A lower 25% target is about $1,250 per month, but what feels comfortable depends on your own costs. Read the calculation method and sources.

Your salary equals about $5,000 per month before taxes and deductions.

Want the complete income breakdown? See what $60,000 a year equals by month, week, day, and hour.

Compare another income

$18 an hour$20 an hour$22 an hour$25 an hour$70,000 a year