Free Rent Per Square Foot Calculator

Calculate the monthly and annual rent per square foot to compare rental rates across different-sized properties.

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USD
sq ft

Monthly Rent Per Sq Ft

$2.00/sq ft

Annual Rent Per Sq Ft$24.00/sq ft
Total Annual Rent$28,800

Monthly Rent Per Sq Ft vs Monthly Rent

View formula & how it works →

Rent Per Square Foot

Rent per square foot normalizes rental costs so you can fairly compare properties of different sizes.

Formula

Monthly $/Sq Ft = Monthly Rent / Square Footage

Annual $/Sq Ft = (Monthly Rent x 12) / Square Footage

Usage

  • Residential: typically quoted as monthly rate per square foot
  • Commercial: typically quoted as annual rate per square foot
  • Useful for comparing rentals across neighborhoods and property sizes

    • Example Calculation

    An apartment rents for $2,400/month and has 1,200 square feet.

    1. 01Monthly rent per sq ft: $2,400 / 1,200 = $2.00/sq ft
    2. 02Annual rent per sq ft: ($2,400 x 12) / 1,200 = $24.00/sq ft
    3. 03Annual rent: $2,400 x 12 = $28,800

    Frequently Asked Questions

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