Rent affordability guide
Can this rent fit your real weekly budget?
Start with take-home income, then allow for bills, transport, food, debt, children, savings and irregular costs. A percentage is a warning light, not a personal approval decision.
Run a safer affordability check
Quick answer
How to compare rent with income, moving costs and your household budget.
Rent affordability is more than one percentage
The 30% rent-to-income benchmark is useful, but it does not know your tax, debts, commute, family costs, savings goals or moving costs.
Use household income carefully
If multiple people contribute to rent, combined income can help. If one income is irregular, use a conservative number before signing a lease.
Compare staying with moving
A cheaper weekly rent can still be expensive upfront if moving costs, cleaning, bond and rent overlap are high.
Build a buffer
Leave room for utilities, groceries, transport, insurance and emergencies. A rental can pass a percentage test and still feel tight.
Related calculators
Frequently asked questions
Is the 30% rent rule always right?
No. It is only a benchmark. Your take-home pay, debts, transport, household costs and savings goals can make a lower or higher percentage feel different.
Should I include moving costs when checking affordability?
Yes. Bond, rent in advance, removalists, cleaning and utility setup can create a large upfront cost before the weekly rent even starts.
Disclaimer
This is general information only and not legal or financial advice.