Question:

How much of my net income should go to rent?

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I plan to major in accounting. So lets say my lowest possible net income is $30,000. How much should go to rent and how much should i save?

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2 ANSWERS


  1. Rent max $900.   You can't save money. You are young.  Enjoy life. /


  2. Most renters, look for you to  make three times the rental amount, and they use your gross not your net.

    So if an apartment is 1000 dollars they would require you to earn 3000 gross a month. Your net depends on too many other variable that none of us can know.

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