How much can you realistically afford to pay towards rent per week? You should aim for around 40% of your current income and no more than 55% . Real estate agents will not consider your application if the cost of the weekly rent is more than 55% of your weekly income.
Not sure how to work this out? Don’t worry – the rental budget calculator will help you!
Disclaimer: This is a calculator for your information. We took all reasonable care in preparing and designing this calculator, but it is just as estimate based on the information you put in.