Rent Calculator Tool

Calculate monthly rent, split bills with roommates, compare properties, and create rental budgets

Rental Information

Please enter valid rental information.

Monthly Rent ($)

$

$1,500/month

Lease Length 12 Months (1 Year) 6 Months 24 Months (2 Years) Month-to-Month

Roommates (Including You)

Split Equally By Bedroom Size By Income Custom Split

Number of people sharing the rent and utilities.

Add Roommates by Name

Monthly Utilities & Bills

$

$

$

$

Estimate your monthly utility and service bills.

Include Budget Recommendation (30% Rule)

The 30% rule suggests spending no more than 30% of your gross income on rent.

Your Monthly Income ($)

$

$5,000/month

Calculating rent...

Rent Calculation Results

Total Monthly Cost

$1,710

Rent + Utilities

Affordability Score

34%

Of your monthly income

Cost Per Person

$1,710

Monthly per person

Utilities Total

$210

Monthly utilities

Monthly Expense Breakdown

Budget Recommendation

Based on the 30% rule, your recommended maximum rent is $1,500/month.

Your current selection is within this recommendation.

Detailed Cost Breakdown

Expense Category	Monthly Cost	Annual Cost	Per Person

Smart Renting Tips

Negotiate Your Rent

Many landlords are open to negotiation, especially if you sign a longer lease or pay multiple months in advance.

Save on Utilities

Use energy-efficient appliances, LED bulbs, and programmable thermostats to reduce electricity costs by up to 30%.

Renter's Insurance

Always get renter's insurance. It's affordable (usually $15-30/month) and protects your belongings from theft or damage.

Roommate Agreements

Create a written agreement with roommates covering rent splits, chores, guest policies, and conflict resolution.

How to Use This Rent Calculator

1. Select calculator type - Choose Basic Rent, With Roommates, or Compare Properties
2. Enter monthly rent - Input the base rent amount or use the slider
3. Add roommates - If sharing, enter number of roommates and split method
4. Add utilities - Estimate monthly costs for electricity, water, internet, etc.
5. Enter your income - For affordability analysis and budget recommendations
6. Try scenarios - Use preset scenarios for different rental situations
7. Calculate - Click "Calculate Rent" to see detailed breakdowns and charts
8. Adjust and compare - Change values to compare different rental options

Note: This calculator helps you budget for rental expenses, split costs with roommates, and determine what you can afford based on your income.

Rent Calculator Tool © 2023 | For Tenants, Roommates, and Rental Budget Planning

Always verify rental terms with your landlord or property manager.