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Rent or Mortgage. You should expect to spend between 25 to 30 percent of your net income each month on rent or mortgage. Landlords and property managers typically require you to make at least 2.5 to three times the rent to qualify as a tenant.
housing what is the maximum percentage of gross salary that one should spend on rent or mortgage answer wiki federal guidelines for rent subsidies to low income families stipulate that the family should pay 30 % of its adjusted income in rent see http www hud gov offices pih p