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Cost of Living

How Much Rent Can I Afford? (2026)

Direct answer

Keep rent below 30% of your gross income, or 35% of your net income. On €40,000 gross in Spain (net ~€2,375/month), affordable rent is approximately €700-830/month. On £60,000 in the UK (net ~£44,000), affordable rent is ~£1,100-1,300/month.

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The 30% gross rule

The 30% rule suggests spending no more than 30% of gross monthly income on rent. Above 40% of net income creates significant financial stress.

Quick affordability formula

Affordable monthly rent = (net monthly income) × 0.33. Net €2,500 → max rent ~€825. Net £4,000 → max rent ~£1,320.

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Frequently asked questions

Should I use gross or net for the 30% rule?

Use net income since rent comes from what you actually receive. 30% of gross is roughly equivalent to 33-35% of net for most middle-income earners in Europe.

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All figures are estimates. Not tax, legal, or financial advice. Methodology →