RentCalc

RentCalc / Rent by salary / $17 an hour

How much rent can I afford on $17 an hour?

Short answer: about $884 a month. Here's how that holds up once you add debts, taxes and what landlords check.

The numbers for $17 an hour

$17 an hour is $35,360 a year, or $2,947 a month before tax (40 hours × 52 weeks).

RuleMonthly rent
30% of gross income$884
3x rent (landlord screen)$982
40x rent (NYC-style screen)$884
50/30/20, after $900 of other needs$249

With debt payments

Keeping rent plus monthly debt payments under 36% of gross income:

  • No debt payments: rent up to $884
  • $300/month in debt payments: rent up to $761
  • $600/month in debt payments: rent up to $461

Take-home is estimated at 78% of gross ($2,298/month). Your real figure depends on your state and deductions.

Affordable rent on $17/hour

$884

per month, 30% rule

Per year$10,608
Landlord 40x max$884
Income needed at 3x$31,824/yr

Run your exact numbers, including debts, utilities and take-home pay.

Questions people ask

How much rent can I afford making $17 an hour?

Under the 30% rule, about $884 a month. $17 an hour is $2,947 a month before tax, and 30% of that is $884. If you have debt payments, keep rent plus debts under 36% of gross, which is $1,061 a month in total.

Will a landlord approve me for $884 rent on $17 an hour?

That is the ceiling under the 40x rule ($35,360 ÷ 40). Under the more common 3x rule the ceiling is $982. Anything above those usually needs a guarantor or a co-applicant.

Is $884 rent realistic on $17/hour after taxes?

Take-home pay on $17 an hour is very roughly $2,298 a month (it varies with your state, filing status and deductions). $884 would be about 38% of that, which leaves $1,414 for everything else.