Verify tenant rent affordability and calculate maximum rent qualifications.
Monthly Gross Income
$6,250
Rent-to-Income Ratio
32%
Affordability Status
Stretched
Max Rent (3x Rule)
$2,083
30% Affordability Rule
$1,875/mo
Standard financial advice that rent should not exceed 30% of gross monthly income.
3x Income Rule
$2,083/mo
Landlord requirement that monthly income must equal or exceed 3x rent.
40x Monthly Rent Rule
$1,875/mo
Common urban rental rule requiring annual income to be at least 40x the monthly rent.
The 3x rent rule is a common tenant screening benchmark used by landlords and property managers. It requires that a prospective tenant's gross monthly income (before taxes) be at least three times the monthly rent amount. For example, if rent is $2,000, the applicant needs a gross monthly income of at least $6,000.