Find the rent you can afford and prorate rent for a part month.
A common guide is 30% of gross income. On ₹80,000 a month with ₹3,000 of utilities, you can afford rent of about ₹21,000.00.
The Rent Calculator has two tools. The first applies the rent-to-income rule — usually 30% of gross monthly income for housing — and subtracts utilities to find an affordable rent, showing what is left for everything else. The second prorates rent when you move in part-way through a month.
Landlords often ask for income of two to three times the rent. If you plan to buy later, compare options with the Rent vs Buy Calculator and the House Affordability Calculator; budget the rest with the Budget Calculator.
The calculator applies the standard financial formulas step by step.
| Item | Value |
|---|---|
| Gross monthly income | ₹80,000.00 |
| Housing budget | ₹24,000.00 |
| Utilities | ₹3,000.00 |
| Rent you can afford | ₹21,000.00 |
| Other debt payments | ₹5,000.00 |
| Left over for everything else | ₹48,000.00 |
| Case | Rent you can afford |
|---|---|
| Income ₹50,000 | ₹12,000.00 |
| Income ₹80,000 | ₹21,000.00 |
| Income ₹1,20,000 | ₹33,000.00 |
| Income ₹80,000, 40% limit | ₹29,000.00 |
| Income ₹80,000, no utilities | ₹24,000.00 |
A common rule is no more than 30% of your gross monthly income on housing, including utilities.
A guideline that housing should cost at most 30% of gross income. In expensive cities many people pay more.
Divide the monthly rent by the days in the month and multiply by the days you will live there, including the move-in day.
Many budgeting guides include them in housing costs, which is how this calculator treats them.
Often they want monthly income of 2–3 times the rent.
It is not impossible, but you will have less for savings and other costs. Check the leftover amount.
It uses the standard formula: affordable rent = income × 30% − utilities The full method and a worked example are shown on this page.
No. The calculator gives estimates for planning and learning. Real offers vary by lender, product and date, so confirm the details with your bank, lender or a qualified adviser before deciding.
Yes. The maths is identical in any currency; only the currency symbol shown in the results differs.
No. Everything is calculated in your browser and nothing you enter is uploaded or saved.
