Rent Affordability
Most experts say rent should be no more than 30-35% of your take-home pay. Enter your income and expenses to see what you can realistically afford, not just what a landlord might accept.
Your Income
Monthly Expenses (Excluding Rent)
How Much Rent Can You Afford?
30% Rule (Safe)
£750
£880 left after expenses
35% Rule (Stretch)
£875
£755 left after expenses
Comfortable (with 10% savings)
£1380
After expenses + savings buffer
What Landlords Look For
Most landlords and letting agents want your annual income to be at least 2.5x the annual rent. On £2,500 per month (£30,000/year), agents would typically approve rent up to £1000/month.
Some agents use a 3x multiplier in London, which would cap you at £833/month. If you have a guarantor, these requirements can sometimes be relaxed.
Renting Tips
- •Always check whether the advertised rent includes or excludes bills. "All inclusive" can save £150-250/month.
- •Deposits are now capped at 5 weeks rent. The landlord must protect it in a government scheme.
- •Consider house/flat-sharing. Average UK room rent (£650) is far cheaper than a 1-bed flat (£1,100+).
- •Negotiate. If a property has been on the market for 2+ weeks, landlords are often willing to drop £25-50/month.
- •Check broadband availability before signing. Poor broadband can be a deal-breaker if you work from home.
This calculator provides estimates only. Affordability depends on your personal circumstances. Always budget conservatively when committing to a rental contract.