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Real Estate · Lease

Rent per Square Foot

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Use rent per square foot to compare lease economics across spaces and buildings.

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Lease comparison

Annual Rent / Rentable Square Feet

$180,000 annual rent over 12,000 rentable square feet equals $15.00 per square foot.

Check your inputs before you rely on the result — calculations are informational only and depend entirely on the numbers you enter. See our Terms.

Variables and units

  • Annual Rent

    Total annual rent.

    currency

  • Rentable Square Feet

    Total rentable square feet.

    square feet

Common mistakes

  • Using monthly rent without annualizing.
  • Mixing usable and rentable square feet.

Step-by-step example

Lease comparison

$180,000 annual rent over 12,000 rentable square feet equals $15.00 per square foot.