NYC Rent Calculators
Three tools to help you understand what you can afford in New York City.
The 40x Income Rule
What rent can you qualify for?
NYC landlords typically require your gross annual income to be at least 40 times the monthly rent. Divide your income by 40 to find your maximum qualifying rent.
Maximum qualifying rent
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Move-in Cost Estimator
How much cash do you need upfront?
Signing a new lease in NYC requires significant upfront cash — first month, security deposit, and possibly a broker fee.
Leave blank if moving in on the 1st
Affordability Calculator
What can you comfortably afford?
The general rule is to spend no more than 30% of your gross income on rent. This calculator factors in NYC-specific costs like utilities and transit.
NYC Note: The 40x rule (landlord requirement) and 30% rule (personal affordability) often conflict. If your income qualifies you for $3,000/mo by the 40x rule but 30% says $1,875/mo — trust the 30% for your own financial health.