Canada Rent
Check if a rental price fits your budget and see the share of income it uses in Canada.
About Canada Rent
Compares a Canada rental price against the classic 30% (or custom) rent-to-income rule, plus the maximum rent that rule allows at your income. Many landlords screen on gross income instead of take-home.
Formula
Ratio
Ratio = rent ÷ income
Worked example
With the default values below, Canada Rent returns Rent as % of Income of 32.1%. Change any input above and every figure here is recalculated in your browser.
Inputs used
- Monthly rentminimum 0
- 1,800
- Monthly take-home incomeminimum 0
- 5,600
- Allocation ruleone of 30% rule, 40% rule
- 30% rule
Results
- Rent as % of Income
- 32.1%
- Affordable Rent at Rule
- CA$1,680.00
- Budget Verdict
- Rent is above the selected 30% rule.
Step by step
- 1Values used
- 2Ratio
- 3Rent as % of Income= 32.1
- 4Affordable Rent at Rule= 1,680.00
- 5Budget Verdict= Rent is above the selected 30% rule.
Assumptions and limits
- The result is derived only from the 3 inputs listed above. Anything not among them is not part of the calculation.
- In particular, this calculator does not take inflation, tax or fees or charges into account.
- Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
- Budget guidance only.
How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.
Budget guidance only.
Frequently Asked Questions
Is 30% still the right rule?
Rents have risen; some households must allow 40–50%, especially in high-cost metros, but the 30% guide is a good starting check.
How accurate is this estimate?
Rates are approximate reference values. Local rates, exemptions and rules can differ, so treat the output as a planning figure only.
Related Calculators
Canada specifics
- Currency
- C$ CADCanadian Dollar
- Region
- North America
- Country code
- CA
- Amounts look like
- $1,234,567.89
- Dates look like
- Mar 9, 2026
- Units
- metricWeek starts Sunday
Results on this page are expressed in CAD (Canadian Dollar). Figures are estimates for general planning — confirm current rates and thresholds with the relevant Canada authority before relying on them.