Rent & Housing

3 Times Rent Calculator

See the income you need to rent an apartment at 2.5x, 3x, 5x, or 40x the monthly rent and check if you qualify.

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About This Calculator

See the income you need to rent an apartment at 2.5x, 3x, 5x, or 40x the monthly rent and check if you qualify.

Use Stashly's digital zero-based cash envelope system on iOS to automate this calculation directly with your bank deposits and Vision AI receipt scanning.

Frequently Asked Questions

What is the 3 times rent rule?

The 3 times rent rule is a qualification standard used by landlords and property managers where an applicant’s gross monthly income must equal or exceed 3 times the monthly rent.

Do landlords look at gross or net income for the 3x rule?

Most landlords and leasing agents calculate qualification based on gross income (before taxes and deductions) rather than net take-home pay.

What is the 40x rent rule?

Common in high-demand rental markets like New York City, the 40x rule requires your annual gross income to be at least 40 times the monthly rent, which equals 3.33 times monthly rent.

What can you do if you do not make 3 times the rent?

If your income falls short, you can apply with a co-signer or guarantor, add a roommate to combine incomes, offer a larger upfront security deposit, or provide proof of liquid cash reserves.

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