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!

Calculator

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Income

Income Source
Look at your income statement or payslips & enter the amount you receive per week.
Please enter in your combined income below.
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Are you eligible for Commonwealth Rent Assistance?
You can get Rent Assistance if you get certain payments from Centrelink and pay rent. This is only a guide. For more accurate information you can check out Centrelink's website here: https://www.servicesaustralia.gov.au/individuals/services/centrelink/rent-assistance/how-much-you-can-get

per fortnight towards your rent from Commonwealth Rent Assistance

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.