Submitted by irishgirl249 t3_zzlx2v in personalfinance
nicol_mari_ t1_j2cjf2q wrote
You probably can afford it. It’s a stretch though, you will be apartment poor without much buffer for fun or other expenses.
The bigger question would be does the property management company think you can afford it? Their qualifying guidelines may require you to make 2.7 to 3 times the rent in gross income annually (proof of ability to pay) along with a decent credit score (proof of willingness to pay) to qualify.
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