Enter the number of rentable units and the average rent per unit (\$/unit) into the calculator to determine the Potential Rent.

Potential Rent Formula

The following formula is used to calculate the Potential Rent.

Rp = #U * AR

• Where Rp is the Potential Rent (\$)
• #U is the number of rentable units
• AR is the average rent per unit (\$/unit)

How to Calculate Potential Rent?

The following example problems outline how to calculate Potential Rent.

Example Problem #1:

1. First, determine the number of rentable units. In this example, the number of rentable units is given as 150.
2. Next, determine the average rent per unit (\$/unit). For this problem, the average rent per unit (\$/unit) is given as 1000.
3. Finally, calculate the Potential Rent using the equation above:

Rp = #U * AR

The values given above are inserted into the equation below:

Rp =150 *1000 = 150,000 (\$)

Example Problem #2:

The variables needed for this problem are provided below:

number of rentable units = 200

average rent per unit (\$/unit) = 1500

Entering these values and solving gives:

Rp = 200 * 1500 = 300,000 (\$)