Rent affordability calculator

How to use the rent affordability calculator

Please note that, depending on the area, average local rents may be a lower or higher proportion of average wages. This calculator is intended as a guide only, and should not be the main basis for your decision to let to a particular tenant or tenants.

Working out how affordable monthly rent charges are

The rent affordability calculator is to work out how affordable the rent charged by a landlord will be for the tenant(s).

This calculator is based on the notion that an 'affordable' rent should be about 35% or less of a tenant's wages.

If you have more than one tenant, enter their combined wages into the field provided. (If you are renting to sharer tenants on separate tenancy agreements, work out each rent separately.)

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