how much money do you need to make to rent a place for. . . . ?

Discussion in 'Off topic' started by caligirl, Aug 2, 2008.

  1. caligirl Not Active

    caligirl
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    like $700 a month and how many hours a week?
  2. pappy12a Not Active

    pappy12a
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    Do the math..there are other variable expenses to consider
  3. happiestgirl0825 Not Active

    happiestgirl0825
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    A general rule is your rent should not exceed 1/3 of your gross monthly income (income before taxes).

    If rent was $700/week, then you would need to be making $2100 a month before taxes.

    If you work a salary job, then that would be approximately $26,000/year.

    If you are working hourly shifts, and work 8 hours a day for 5 days a week you would need an hourly rate of $13.25.

    Hope this helps - good luck!
  4. Mizz Not Active

    Mizz
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    Ask the landlord as some places have a minimum income...

    My apartment complex requires you make four times as much as rent in order to live there.

    Good luck!!
    Mizz,
  5. Steve I Not Active

    Steve I
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  6. hailandrain Not Active

    hailandrain
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    if you get a roomate and find a good place to rent it can run as low as 250-300 or as high as 700 or over 1000 depending where you want to live.

    Plus as one other person said there are other expenses unless included in the rent...
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