How Much Should You Pay in Rent By Salary?
$30K salary: $750
$40K salary: $1,000
$50K salary: $1,250
$60K salary: $1,500
$70K salary: $1,750
$80K salary: $2,000
$90K salary: $2,250
$100K salary: $2,500
$110K salary: $2,750
$120K salary: $3,000
How accurate is this?
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Show previous comments (5)
Jeff McDonnold
That looks like a “could” list. “Should” would be the least amount possible until you fear for your safety 😂
Guest Insider
Lots of factors for this but my bracket is just a bit higher then what I pay. They are also probably talking about gross, not net and that made a huge difference from a single female with no kids to a married one, my take home was significantly higher after I changed my status, I wonder what this would look like for car notes... so many people tell me they can't pay their rent bc they had to pay their car...
Guest Insider
Not accurate at all for Michigan.
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Funny things Property managers say from the vendor side.
- Can you include my house in the cleaning price of the property?
- Can you raise the estimate you sent? My budget for it is higher and you can give me the difference in cash for me.
- Sorry bruh. You aren’t going to get into this property....
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Guest Insider
I can't even! I would never imagine doing those things and when I say a check is cut it's been printed and in the mail.
Michael Knight
Unethical business practices have no place in this or any industry. It is a travesty when it happens. I am proud of the fact that in Texas such behavior is still considered unacceptable and is not as common as it is in many other parts of the world or even certain places in America. Corruption has a cost that owners and investors ultimately have to bear and which ends up adding costs for everyone. As a business owner and investor, if someone I am paying ever does such things I want to know about it so I can immediately stop paying them. Vendors have to be accountable too. If they all said no to unethical requests, there wouldn't be as many. If you do get propositioned, let owner of the company know. If they are the offender or don't care, consider not doing business with them, or at least let them know what they are paying for the privilege.
Guest Insider
In my experience working in the security space there are definitely some PMs suspected of getting kick backs when they have a massive courtesy patrol budget that clearly isn't working and transients are crawling all over the place, repeat car break-ins, loitering, poor online reviews relating to security .... and they won't even consider a proposal from a lower cost remote guarding service that performs better and costs less with video evidence to prove it's effectiveness. haha
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