Find out how much rent to charge for your rental — or how much rent you can afford — using proven landlord and renter rules of thumb.
GRM = price ÷ annual rent. US single-family rentals typically run 8–14. Lower GRM = higher rent.
Suggested Monthly Rent
$2,083 – $3,000
Midpoint: $2,542
1% Rule
$3,000
1% of price — common cash-flow floor
GRM range
$2,083 – $2,500
GRM 10–12
Always check 3+ active local comps before listing. National rules of thumb miss neighborhood pricing.
Monthly rent ≥ 1% of purchase price. Quick filter for whether a rental will cash flow. A $300K home should ideally rent for $3,000+/mo.
Property price ÷ annual rent. A GRM of 8–12 is typical for US single-family rentals. Lower GRM means higher rent relative to price.
Tenants should spend no more than 30% of gross monthly income on rent. Some markets and budgets stretch to 35%.
Total monthly debt (rent + loans + credit cards) ÷ gross monthly income. Lenders and prudent budgets cap this at 36%.
Most landlords price rent at 0.8%–1.1% of the home's value per month (the '1% rule'). Compare with local listings on Zillow, Rentometer, or RentCast for an accurate market rent — the calculator gives you a starting range.
The 1% rule says monthly rent should equal at least 1% of the purchase price for a deal to cash flow. A $250,000 home should rent for $2,500+/month. It's a fast filter, not a final answer — high-appreciation markets often break the rule.
The 30% rule says housing should cost no more than 30% of gross monthly income. Some lenders and budgets use 28%–35%. Toggle to the affordability mode in the calculator to see your max rent.
GRM = property price ÷ annual rent. A GRM of 8–12 is typical for small US rentals; lower is better. It's a quick way to compare similar properties without modeling every expense.
If comparable rentals nearby ask more, yes. The 1% rule is a floor for investment math, not a ceiling for what tenants will pay. Pull at least 3 active comps in a 1-mile radius before pricing.
Enter your property value or income assumptions to estimate rent. For ongoing rent tracking, late fees, lease management, and comps across a full portfolio, Havyn plans start at $19/mo.
