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The formula I've seen in most places in the US is that you have to make at least three to four times whatever your rent payment is. There's only been one place that I've not been able to cover it that myself entirely, but I had a roommate (and his girlfriend) at the time, which put the total income up to about 200-225k (probably double that limit), and the place was big enough we could go a day without seeing each other if we wanted to. Shared kitchen, but you could have housed four people with their own rooms in that place if you wanted to. Loved that place.

Credit checks are standard here too, but according to the leasing offices I've talked to, they're mostly looking for signs of bad renter's history. Don't really care about much else. I have decent credit myself, but it's far from perfect due to issues from when I was younger. Never stopped me from getting into any place I've ever felt like I could afford.