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When you are looking for a rental home, it is important to not get locked into a lease that you can't afford. Before starting your home rental search, figure out what you can comfortably afford for rent per month. The standard rule of thumb is to not spend more than 30% of what you take home per month. When you are looking for a rental home, be aware of what is in your budget and try and find the best rental that fits your requirements and your budget.