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Rent-Ratio
 Income to Rent Calculator
Landlords often use a simple Income-to-Rent Ratio when trying to determine if a rental applicant earns or receives enough income during the month to qualify to rent their home or apartment. Almost all landlords want that applicants to earn or receive monthly income of at least two times the amount of the monthly rent. The average requirement currently by most landlords nationwide (based on our surveys) is that applicants must monthly earn or receive three times the monthly rent.
Once you have established your applicant criteria for the Income-to-Rent ratio, you are free to utilize the calculator below. First start by entering the amount of rent for a property. Then choose one of the income-to-rent ratio criteria options. The options start with an applicant needing to earn or receive monthly income of at least 2 times (2x) the monthly rent. And the options go up from there, with the top calculation based on an applicant needing to monthly earn or receive 4 times the monthly rent amount. Below the ratio options, you will automatically see the results showing the minimum an applicant will need to earn, either weekly, biweekly (most paychecks), monthly or annually to qualify for your rental home. There is an optional feature that allows you to determine or compare income-to-rent ratios of up to three rental applicants.
To view our other FREE Landlord Calculators, click here.
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