Karma: 0

What is the proper monthly rent payments for a person who's annual income is $10,000.00?

Answer this

0 Views: 571 Answers: 6 Posted: 13 years ago

Proper rent payments? I don't understand? Are you wondering about government help? I did not know there was a guide line for PROPER monthly rent!

Commented 13 years ago

6 Answers

Vinny

Karma: 262561

Used to be a ratio of 1/3..monthly-- so at 10k rounded would be $833 per month income divided 1/3 would be $277 per month rent. leaving 556 for all other expenses.. Good luck on that one!

13 years ago. Rating: 4
Comment this answer

digger

Karma: 221155

If they're still around, go live with your parents.

13 years ago. Rating: 4
Comment this answer

Colleen

Karma: 2042400

Whatever you agreed to pay when you took the rental.

13 years ago. Rating: 3
Comment this answer

facebook

Karma: 187476

If it more than a 1000./ month than you'll have nothing to eat.

13 years ago. Rating: 3
Comment this answer

Colleen

You need to answer me

commented 13 years ago

facebook

What is your question?

commented 13 years ago

Colleen

It's on another question. Did you find it? You should have been notified.

commented 13 years ago

facebook

Couldn't find your respond?

commented 13 years ago

Chiangmai

Karma: 370275

25% of your income can go into the cost of housing.

Hence, you could pay $2500 per year, or $208 per month plus utilities.

13 years ago. Rating: 2
Comment this answer

carmaxable

Karma: 133131

better be careful of your money. gov`t housing takes 33% of your monthly income for rent. you can get on HEAP, (home energy assistance program) for low income people if you qualify. good luck. oh yea. you may be eligible for foodstamps, wic too if you have kids.