Enter the total rent ($), the combined square footage of all rooms (ft^2), and the square footage of the room that rent is to be calculated for (ft^2) into the calculator to determine the Room Rent.
Room Rent Formula
The following formula is used to calculate the Room Rent.
RR = TR / CSQF * RSQF
- Where RR is the Room Rent ($)
- TR is the total rent ($)
- CSQF is the combined square footage of all rooms (ft^2)
- RSQF is the square footage of room that the rent is to be calculated for (ft^2)
How to Calculate Room Rent?
The following example problems outline how to calculate Room Rent.
Example Problem #1
- First, determine the total rent ($). In this example, the total rent ($) is given as 5000 .
- Next, determine the combined square footage of all rooms (ft^2). For this problem, the combined square footage of all rooms (ft^2) is given as 1000 .
- Next, determine the square footage of the room that rent is to be calculated for (ft^2). In this case, the square footage of the room that rent is to be calculated for (ft^2) is found to be 300.
- Finally, calculate the Room Rent using the formula above:
RR = TR / CSQF * RSQF
Inserting the values from above yields:
RR = 5000 / 1000 * 300 = 1500 ($)
Example Problem #2
The variables needed for this problem are provided below:
total rent ($) = 6000
combined square footage of all rooms (ft^2) = 1500
square footage of the room that rent is to be calculated for (ft^2) = 500
Entering these values and solving gives:
RR = 6000 / 1500 * 500 = 2000 ($)
