Price per square foot calculator

Price per square foot calculator

Our price per square foot calculator helps you determine the cost of a property, or a space, based on its size, whether you are renting, leasing or buying.

Page written by Ian Hawkins. Last reviewed on June 21, 2024. Next review due October 1, 2025.


Purchase
Lease
Rental
sq feet (ft²)
$
.00

This calculator is intended for illustration purposes only and exact payment terms should be agreed with a lender before taking out a loan.

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Purchase price per square foot

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How to calculate price per square foot

To calculate the price per square foot, you need to know the total cost and the total square footage. Then, you divide the total cost by the total square footage. Here’s the formula:

Price per square foot = Total cost ÷ Total square footage

For example, if the total cost is $10,000 and the total square footage is 1,000 square feet:

Price per square foot = $10,000 ÷ 1,000 sq ft = $10 per sq ft

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