How much rent can I afford?
Enter your household’s yearly income before tax and what you expect to pay for utilities each month. The result is a guide, not a landlord’s approval rule.
Your estimate
RENT THAT FITS YOUR BUDGET
How this is estimated
What the calculator assumes.
The 30% standard. CMHC considers housing affordable when shelter costs, rent plus utilities, are less than 30% of a household’s before-tax income. Source: CMHC.
Your own budget. Debts, child care and savings goals can make a lower rent wiser. Landlords set their own income requirements. Thinking of buying instead? Try the rent vs buy calculator.
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