Rent Affordability Calculator
See the monthly rent you can comfortably afford. Uses the 30%, 35%, and 40% of-income rules that Canadian landlords typically check against.
Before-tax income. $6,250 / month.
Car loans, credit cards, student loans, child support, etc.
Most landlords look for rent at or below 30%–35% of gross income. Some scoring services use a strict 30% rule; others allow up to 40% if your debts are low.
Recommended max rent
$1,888/mo
Based on the standard 35% rule, minus your monthly debts.
Conservative · 30% of income
You stay well within budget
$1,575/mo
Standard · 35% of income
A typical Canadian landlord cap
$1,888/mo
Stretched · 40% of income
High burden — tight on savings
$2,200/mo
Estimates only. Some landlords also require a guarantor or larger deposit if rent is above 30% of your income. Utilities and renters insurance are not subtracted from these figures.
The information presented on HousingPortal.ca is intended for general illustrative purposes only. While the information is believed to be reliable, it cannot be guaranteed for accuracy, completeness, or currency. Neither HousingPortal.ca and its employees, nor any other party identified in this guide/report, assumes any liability for the information provided. The views and opinions expressed by the analysts at HousingPortal.ca are their own and should not be considered as investment advice. It is recommended that you seek the advice of a licensed real estate professional before making any decisions regarding real estate investments.