Variables and units
Annual Rent
Total annual rent.
currency
Rentable Square Feet
Total rentable square feet.
square feet
Real Estate · Lease
Rent per Square Foot
PreviewRun any calculator free during your 14-day trial. Subscribe to save deals, export one-click PDF reports, and keep your full project history.
Run any calculator free during your 14-day trial. Subscribe to save results, export branded reports, and sync across web and mobile. Billing via PayPal.
Use rent per square foot to compare lease economics across spaces and buildings.
Browse all calculatorsInteractive workbench
Lease comparison
Annual RentRentable Square Feet
$180,000 annual rent over 12,000 rentable square feet equals $15.00 per square foot.
Common mistakes
- Using monthly rent without annualizing.
- Mixing usable and rentable square feet.
Step-by-step example
Lease comparison
1. Start with the example inputs
- Annual Rent$180,000
- Rentable Square Feet12,000 sq ft
2. Apply the formula
Annual RentRentable Square Feet3. Run the numbers
$15.00
$180,000 annual rent over 12,000 rentable square feet equals $15.00 per square foot.
What this result means
$15.00 per square foot puts this lease on the same footing as any other space, whatever its size. Compare it against quoted rates for similar buildings nearby — and stay consistent about rentable versus usable square feet, and annual versus monthly rent.