10/21/2026
🏡 HOW MUCH SHOULD YOU SPEND ON HOUSING?
Before you start browsing homes or searching for your next rental, take a look at your income! 💰
A common budgeting guideline suggests keeping your housing costs around 30% of your gross monthly income. This can give you a starting point for planning your budget and understanding what may be affordable.
But remember, your income is only one part of the picture! Consider your monthly debt, utilities, insurance, savings, and other expenses before deciding what works best for you.
✨ Your goal isn’t just to find a home. It’s to find a home that fits your budget and your lifestyle.
💬 Tell us in the comments: What annual salary range are you working with, and are you planning to rent or buy?
*These figures are illustrative estimates based on 30% of gross income, not a guarantee of affordability or loan approval. For buyers, actual affordability depends on mortgage payments, property taxes, homeowners insurance, HOA fees, debts, and lender requirements.
Essential Living Realty
Licensed in LA
www.essentiallivingrealty.com
(504) 266-0630 | [email protected]
HomeBuyingNOLA Louisiana Uptown Westbank Gretna