To rent a property with monthly rent of $1,800, most landlords require tenants to earn at least 3 times the monthly rent as their gross monthly income.
Monthly Rent: $1800.00
Required Monthly Income (3x Rent): $5400.00
If the monthly rent is $1,800, you need to earn at least $5,400 per month in gross income to qualify (3x the rent rule).
Enter the monthly rent amount. The calculator multiplies by 3 to determine the minimum monthly income a tenant should have to afford the rent comfortably.
For a $1,500 monthly rent, the tenant should have a minimum monthly income of $4,500 ($1,500 × 3). This is the standard 3x rule.
To calculate 3x the rent, you multiply the monthly rent by 3. You can do this easily by using the calculator on this page.
Ensures tenant can comfortably afford rent (≤33% of gross income). Reduces default risk and helps tenants budget for other expenses.
Your choice, but increases risk. Consider requiring co-signer, larger deposit, or rent guarantor insurance if accepting below 3x income.
Gross income before taxes. Request pay stubs, W-2s, or tax returns. For self-employed, request 2 years tax returns and bank statements.
It helps ensure tenants can afford rent without spending too much of their income on housing. Landlords use it to reduce the risk of late or missed payments.
It’s based on gross income, which means income before taxes and deductions. Landlords typically use pre-tax earnings when applying the 3x rule.
Multiply your monthly rent by 3. If your monthly gross income is equal to or greater than that number, you meet the 3x rent requirement.