Enter the area median income (AMI) and the percentage of AMI as rent (%) into the calculator to determine the AMI Rent.

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## AMI Rent Formula

The following formula is used to calculate the AMI Rent.

Rami = AMI * R/100

- Where Rami is the AMI Rent ($)
- AMI is the area median income (AMI)
- R% is the percentage of AMI as rent (%)

To calculate the area median rent, multiply the area median income by the percentage of AMI as rent.

## How to Calculate AMI Rent?

The following example problems outline how to calculate AMI Rent.

**Example Problem #1:**

- First, determine the area median income (AMI). In this example, the area median income (AMI) is given as 5000.
- Next, determine the percentage of AMI as rent (%). For this problem, the percentage of AMI as rent (%) is given as 30.
- Finally, calculate the AMI Rent using the equation above:

Rami = AMI * R%/100

The values given above are inserted into the equation below:

Rami = 5000 *30/100 = 1666.67 ($)

**Example Problem #2: **

The variables needed for this problem are provided below:

area median income (AMI) = 6000

percentage of AMI as rent (%) = 40

Entering these values and solving gives:

Rami = 6000 * 40/100 = 2400 ($)