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 ($)
- CSQF is the combined square footage of all rooms (ft^2)
- RSQF is the square footage of room that the rent is to be calculated for (ft^2)
To calculate room rent, divide the total rent by the square footage of all rooms, then multiply by the square footage of of the particular room.
How to Calculate Room Rent?
The following example problems outline how to calculate Room Rent.
Example Problem #1
- First, determine the total rent ($). 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 ($) = 6000
combined square footage of all rooms (ft^2) = 1500
square footage of the room that rent is to be calculated for (ft^2) = 500
Entering these values and solving gives:
RR = 6000 / 1500 * 500 = 2000 ($)
