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Updated over 11 years ago on . Most recent reply
Rent to income ratio for roommates/couples?
I know 3:1 income to rent is the general rule, but what rule do you use for roommates or couples? If there are 2 roommates do you just require 3:1 total or do you require that they each make half of the ratio (1.5:1)? Does this change for married couples since they are legally 1 entity?