Rent Affordability Calculator
Estimate a monthly housing budget using your household income and recurring housing costs.
Estimate only. Results are general planning figures and are not financial, tax, legal or lending advice.
How this calculator works
The result updates from the information you enter. Try several scenarios rather than relying on a single estimate, and confirm important decisions with the appropriate provider or official source.
The 30% housing-cost benchmark
CMHC describes housing as affordable when it costs less than 30% of before-tax household income. For renters, shelter costs can include rent and utilities. This benchmark is a planning reference—not a guarantee that a particular rent is comfortable for your budget.
Read CMHC’s things to consider before renting.
FAQ
Should utilities be included?
Yes. Enter recurring electricity, heat and water costs when they are not included in rent.
Important note
Information is provided for general educational purposes. Rates and rules can change. Last reviewed August 31, 2026.