What % of your monthly income goes to your rent?

[drtobaggan]

Originally Posted by JoseBronx

Originally Posted by DrTobaggan

They say it shouldn't be more than a 1/4 of your income.

maybe in ohio
Im pretty sure you can be paying off a crib if you getting paid like that

yea im broke

My rent is less than 1/4 of my income and I live in Manhattan. It would be tough to get by if my rent was any higher.

 

[abc]

Originally Posted by hombrelobo

I hope to Jesus no one is paying more than 35%.

I'm about to be paying around 50% next year 

 

[atlien seeko]

Originally Posted by kidUFC

why does it matter?

Cuz statistics are always good. I'm curious to know as well...

 

[abc]

Originally Posted by hombrelobo

I hope to Jesus no one is paying more than 35%.

I'm about to be paying around 50% next year 

 

[4wrestling]

*Mortgage, 35%

With Condo fees, 45%

 

[4wrestling]

*Mortgage, 35%

With Condo fees, 45%

 

[atlien seeko]

Originally Posted by kidUFC

why does it matter?

Cuz statistics are always good. I'm curious to know as well...

 

[hombrelobo]

Originally Posted by ABC

Originally Posted by hombrelobo

I hope to Jesus no one is paying more than 35%.

I'm about to be paying around 50% next year 

Maybe you should think about subleasing.

 

[hombrelobo]

Originally Posted by ABC

Originally Posted by hombrelobo

I hope to Jesus no one is paying more than 35%.

I'm about to be paying around 50% next year 

Maybe you should think about subleasing.

 

[queencitysneakerqueen]

0%

 

[queencitysneakerqueen]

0%

 

[sneakaprince]

rent 35% (barely)

 

[sneakaprince]

rent 35% (barely)

 

[masondid.support]

30%

 

[masondid.support]

30%

 

[stillin729]

Originally Posted by kidUFC

why does it matter?

 

[stillin729]

Originally Posted by kidUFC

why does it matter?

 

[bratz dos]

i always heard rent should be AT MOST 1/3 of your monthly income... forever at home

 

[bratz dos]

i always heard rent should be AT MOST 1/3 of your monthly income... forever at home

 

[air gordon]

My rent is $500 so it's about 10% of my monthly income

 

[air gordon]

My rent is $500 so it's about 10% of my monthly income

 

[bweibel5]

9.7%. I live in the midwest in a 1400sq ft brand new apartment in a good part of the suburbs w/ two of my best buddies. (I put 10%/month into savings for deposit on a house, and 5% into 401k).

 

[bweibel5]

9.7%. I live in the midwest in a 1400sq ft brand new apartment in a good part of the suburbs w/ two of my best buddies. (I put 10%/month into savings for deposit on a house, and 5% into 401k).

 

[ponson02]

I work at an outpatient mental health facility and when we are assessing patient's housing stability anything over 30% causes their score to be higher on the questionnaire which indicates some degree of housing instability. Over 30% is common actually. Not necessarily good, but comon.

I personally just bought a small wooden two bedroom house for a steal. It looks kind of raggidy from the outside but I improved it on some "flip this house" type stuff on the inside. I pay less than 20% and probably closer to 15% but I dont feel like doing the math. It's so cheap I probably wouldn't even really miss the note if I was to sell it or something.

 

[ponson02]

I work at an outpatient mental health facility and when we are assessing patient's housing stability anything over 30% causes their score to be higher on the questionnaire which indicates some degree of housing instability. Over 30% is common actually. Not necessarily good, but comon.

I personally just bought a small wooden two bedroom house for a steal. It looks kind of raggidy from the outside but I improved it on some "flip this house" type stuff on the inside. I pay less than 20% and probably closer to 15% but I dont feel like doing the math. It's so cheap I probably wouldn't even really miss the note if I was to sell it or something.