Enter the combined gross income of tenants and the maximum RTI (rent-to-income) ratio allowed by law into the calculator to determine the Maximum Rent. 

Maximum Rent Formula

The following formula is used to calculate the Maximum Rent. 

Rmax = GI * RTI

  • Where Rmax is the Maximum Rent ($)
  • GI is the combined gross income of tenants 
  • RTI is the maximum RTI (rent-to-income) ratio allowed by law 

How to Calculate Maximum Rent?

The following example problems outline how to calculate Maximum Rent.

Example Problem #1:

  1. First, determine the combined gross income of tenants. In this example, the combined gross income of tenants is given as 10000.
  2. Next, determine the maximum RTI (rent-to-income) ratio allowed by law. For this problem, the maximum RTI (rent-to-income) ratio allowed by law is given as .5.
  3. Finally, calculate the Maximum Rent using the equation above: 

Rmax = GI * RTI

The values given above are inserted into the equation below:

Rmax = 10000 * .5 = 5000.00 ($)


Example Problem #2: 

The variables needed for this problem are provided below:

combined gross income of tenants = 6000

maximum RTI (rent-to-income) ratio allowed by law = .75

Entering these values and solving gives:

Rmax = 6000 * .75 = 4500 ($)