I will tell you that how much should I spend on rent? The simple answer is to try not to pay more than 30% of your gross income on rent. In fact, housing costs account for 27 percent of the average monthly spending in rural areas, but 33 percent in urban areas. Many experts say that you should spend 30% of your gross income on rent. If do you need to buy a property in the UK where Hamilton International Estates provides the apartments, flats, houses, and property at an affordable price.