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Income limits in tenant selection

Topic: Asunnon hakeminen

Income limits in tenant selection

For some of our ARA rental apartments, tenant selection is influenced by the applicant’s maximum income. Both earned and capital income are considered as income, including:

  • Salary and salary supplements such as overtime pay, shift premiums, bonuses, etc.
  • Pensions
  • Income from abroad
  • Rental income, interest, and dividends
  • Alimony received from a spouse
  • Adult education allowances and study grants
  • Taxable value of fringe benefits

For individuals on parental leave, care leave, or job alternation leave, the income is considered to be the monthly income prior to leaving work. If the leave has lasted over a year, the income may be calculated as the average of the previous 12 months.

If income varies monthly, the average over the past 12 months is used. Income may also be assessed with reductions in mind—such as retirement or challenges in finding employment. Temporary income such as conscript’s daily allowances or holiday wages for students under 18 is not taken into account. Holiday pay is also excluded.

The monthly income limit for a one-person household is €3,540.
If there is more than one adult (aged 18+) in the household, the limit increases by €2,480 for each additional adult.
For households with children under 18, the limit increases by €650 for the first child and €600 for each additional child.

Examples of income limits:

  • 1 adult: €3,540
  • 2 adults: €6,020
  • 1 adult and 1 child: €4,190
  • 2 adults and 1 child: €6,670
  • 2 adults and 2 children: €7,270
  • 2 adults and 3 children: €7,870

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