How Much Rent You Can Really Afford?  Renters Solutions
Knowing what you want in a rental apartment is pretty easy:
space, location, storage, beautiful floors, light, etc. Finding
all of those things within your budget can be a bit more
difficult. But before you even start contemplating your rental
possibilities, you should probably know what your budget is, and
fortunately, this step isn't all that difficult.  There are
multiple ways to figure out how much you can afford to spend on
rent, but my preferred method involves three main steps:  1. The
Mathematical Approach. Generally speaking, your rent should be
somewhere around 30% of your income. Some people can stretch
that figure a bit more, but for most people, 30% is a wise range
that will allow you meet all your other living expenses and
entertainment expenses and that will still allow you to save for
retirement or to put money aside in case of an emergency.  To
figure out how much 30% would be, take your combined annual
income and divide it by 40. (Thi