Monthly Rent Calculator
Our free monthly rent calculator helps you figure out your total rental expenses by including not just base rent but also utilities, internet, parking, and other costs. Plan your monthly budget with confidence before signing a lease.
Monthly Rent Formula
Monthly rental costs are calculated by adding the base rent to utilities, internet, parking, and any additional fees. This formula gives a complete picture of your total monthly housing expense.
How this monthly rent calculator works
This calculator consolidates all housing-related expenses into one monthly figure. By entering your recurring costs, you'll get a realistic estimate of your total monthly housing budget. This helps avoid surprises and ensures you can comfortably afford your rental.
When to use this monthly rent calculator
Budgeting before moving into a new apartment
Comparing different rental options
Checking affordability of a new lease with current income
Planning expenses for off-campus student housing
Estimating shared costs when splitting rent with roommates
Plan your housing budget with ease
Use ServiceAgent.ai to calculate, compare, and manage rental costs in one place.
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Average Rental Costs in the US (2025)
National averages (monthly rent only, not including utilities):
1-Bedroom Apartment
2-Bedroom Apartment
Studio Apartment
Large Metro Cities (NY, SF, LA)
Utility and parking costs vary widely by location, so always add them for a realistic budget.
Frequently Asked Questions
No, this calculator only covers monthly costs, not one-time fees.
Yes, divide the total rent by the number of roommates to estimate each share.
No, add renter's insurance separately to your monthly budget.
Simply leave utilities as $0 in the calculator.
No, this calculator gives a snapshot of current monthly expenses.
It's primarily for residential rentals, but you can adapt it for small office leases.
Experts recommend spending no more than 30% of your monthly income.
Yes, just input the rent as given — furniture doesn't change the formula.