Rent Per Square Metre
Calculator

Inputs

Rent per m² per month
21.17647

Results

Rent per m² per month
21.17647
Rent per m² per year
254.117647
Annual rent
21,600

Property management results

Rent per m² per month21.17647
Rent per m² per year254.117647
Annual rent21,600

formula-map diagram

Rent per m² per month
21.17647
Rent per m² per year
254.117647
Annual rent
21,600

Property management relationship

Formula

Rent per m² = monthly rent ÷ rentable area

= 21.176470588235

Note

This is a simplified model: it applies the standard property-management definition to the numbers you entered. Rent affordability uses a flat share-of-income rule and ignores credit history, local screening criteria and household size. Proration assumes a plain daily rate; your lease or local law may prescribe a different convention (for example a fixed 30-day month). Security-deposit interest is simple interest at the rate you enter, while many jurisdictions set the rate, the compounding and the payout schedule by statute. Income, expense, reserve and escalation figures are straight-line and assume the amounts you enter hold steady; they ignore taxes, depreciation, financing changes, capital events, inflation and market turnover. Lease buyout compares the contractual penalty with the remaining rent only and is not a reading of your lease. These results are general information, not legal, tax or investment advice: check your lease and local tenancy law and consult a qualified professional before acting.

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Frequently asked questions

Should rent per square metre be based on gross or net leasable area?+

It depends on the market convention: residential rents are usually quoted on gross or livable area including interior walls, while commercial and office space often uses a net or rentable area definition that can include a share of common areas. Comparing two properties measured on different area definitions will give a misleading rent-per-square-metre gap.

How is rent per square metre useful for comparing units of different sizes?+

It normalizes rent so a 40m² studio and a 90m² three-bedroom can be compared on a like-for-like basis, since raw rent alone conflates size with price level. It's especially useful for a landlord pricing a new unit type by referencing what similar unit sizes already achieve per square metre nearby.

Why do smaller units often show a higher rent per square metre than larger ones?+

Smaller units typically carry a size premium because a kitchen and bathroom cost roughly the same to provide regardless of unit size, so those fixed-cost rooms make up a larger share of a small unit's area. This is a normal market pattern, not a sign that small-unit rents are set incorrectly.

Does rent per square metre account for included amenities or utilities?+

No, the raw calculation only relates rent to floor area — it doesn't adjust for whether utilities, parking, or amenities like a gym or pool are bundled into the rent. Two units with an identical rent per square metre can represent very different value if one includes utilities and the other doesn't.

Is a higher rent per square metre always better for the landlord?+

Not necessarily — a very high rent per square metre on a chronically vacant unit produces less annual income than a slightly lower rent per square metre on a unit that stays leased. The metric should be read alongside occupancy and time-on-market, not in isolation.