US EditionWhat Is a Good Rent-to-Income Ratio?
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What Is a Good Rent-to-Income Ratio?
A good rent-to-income ratio is 30% or less, meaning that you should not spend more than 30% of your income on rent. Choosing an apartment that costs less than 30% of your income keeps your rent-to-income ratio under this threshold and shows potential landlords that you are financially stable and can afford their rent. What Is the Rent-to-Income Ratio? How to Calculate Your Rent-to-Income Ratio Average Rent-to-Income Ratio Over the Years How to …
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