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

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:

  1. First, determine the area median income (AMI). In this example, the area median income (AMI) is given as 5000.
  2. Next, determine the percentage of AMI as rent (%). For this problem, the percentage of AMI as rent (%) is given as 30.
  3. 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 ($)