Enter the total monthly rent ($) and the monthly gross income ($) into the Rent to Income Ratio Calculator. The calculator will evaluate and display the Rent to Income Ratio.

## Rent to Income Ratio Formula

The following formula is used to calculate the Rent to Income Ratio.

RIR = R / I

• Where RIR is the Rent to Income Ratio (rent:income)
• R is the total monthly rent ($) • I is the monthly gross income ($)

## How to Calculate Rent to Income Ratio?

The following example problems outline how to calculate Rent to Income Ratio.

Example Problem #1:

1. First, determine the total monthly rent ($). • The total monthly rent ($) is given as: 3,000.
2. Next, determine the monthly gross income ($). • The monthly gross income ($) is provided as: 7,000.
3. Finally, calculate the Rent to Income Ratio using the equation above:

RIR = R / I

The values given above are inserted into the equation below and the solution is calculated:

RIR = 3,000 / 7,000  = .428:1 (rent:income)

Example Problem #2:

For this problem, the variables required are provided below:

total monthly rent ($) = 2,000 monthly gross income ($) = 5,000