Enter the total rent ($) and the total square footage (ft^2) into the calculator to determine the Rent Per Square Foot.

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## Rent Per Square Foot Formula

The following formula is used to calculate the Rent Per Square Foot.

R/SQFT = TR / SQF

- Where R/SQFT is the Rent Per Square Foot ($/ft^2)
- TR is the total rent ($)
- SQF is the total square footage (ft^2)

To calculate the rent per square foot, divide the total rent by the total square footage of livable area.

## How to Calculate Rent Per Square Foot?

The following example problems outline how to calculate Rent Per Square Foot.

**Example Problem #1:**

- First, determine the total rent ($). In this example, the total rent ($) is given as 5000.
- Next, determine the total square footage (ft^2). For this problem, the total square footage (ft^2) is given as 1100.
- Finally, calculate the Rent Per Square Foot using the equation above:

R/SQFT = TR / SQF

The values given above are inserted into the equation below:

R/SQFT = 5000 / 1100 = 4.54 ($/ft^2)

**Example Problem #2: **

The variables needed for this problem are provided below:

total rent ($) = 6000

total square footage (ft^2) = 1750

Entering these values and solving gives:

R/SQFT = 6000 / 1750 = 3.428 ($/ft^2)