The short answer
Last updated: July 2026
Price per square foot is a property’s price divided by its living area. A $420,000 home with 1,400 square feet is about $300 per square foot. It lets you compare properties of different sizes on the same basis — but only when square footage is measured the same way. It’s a comparison metric, not an appraisal.
After the estimate:
Self-management softwarePrice per square foot calculator
Compare properties on a per-square-foot basis.
Divide the price by the living area to get price per square foot — and, if you enter a rent, the monthly and annual rent per square foot too.
Property price or value
$
Living area
sq ft
Monthly rent (optional)
$
Enter a rent to also see rent per square foot. Leave it blank for price per square foot alone.
Input-driven result
Your inputs
Formula
Result below
Price per square foot
$300.00
$420,000 ÷ 1,400 sq ft.
Monthly rent per square foot
$1.86
$2,600 rent ÷ 1,400 sq ft.
Annual rent per square foot
$22.29
Monthly rent per square foot × 12.
Live per-square-foot values
Property price
$420,000
Monthly rent
$2,600
Price per sq ft
$300.00
Annual rent per sq ft
$22.29
Estimate based on your inputs. Not a promise of results.
Estimate only. Price per square foot depends on how the living area is measured — finished vs. total, and whether basements or garages count. Compare only listings measured the same way.
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How it works
How this tool works.
Price per square foot lets you compare what buyers or sellers are asking for properties of different sizes. The comparison is useful only when the living-area measurement, property type, location, and condition are reasonably consistent.
Enter the price and living area to estimate price per square foot. The result is arithmetic on the figures you provide—a purchase-price comparison tool, not a valuation, appraisal, or rental-pricing opinion.
1
Enter the property price or value and the living area in square feet.
2
Price per square foot is simply price ÷ square feet — the calculator guards against a zero area.
3
Use the separate rent-per-square-foot calculator when comparing rental income rather than property prices.
4
Every output is an estimate from your inputs; compare only properties whose square footage is measured the same way.
Make the result useful
price density
Price per square foot normalizes an acquisition or listing price by a consistently measured area. It can expose an outlier among otherwise similar sales, but it does not value repairs, land, legal use, layout, income, or property condition.
Use closed, dated, genuinely comparable transactions and write down material adjustments instead of averaging unmatched properties. For a rental purchase, follow the price comparison with separate NOI, debt, reserve, and cash-flow underwriting.
The assumptions that move this result
Price
Purchase or listing price.
Square feet
Comparable documented area.
Calculation lens
price ÷ comparable square feet
Read the result as a planning measure for the selected period.
Read the number in context
Worked scenario
$360,000 ÷ 1,800 sq ft = $200/sq ft.
Edge case
A lower price can reflect condition rather than value.
It is not an appraisal.
Before you act
• Confirm every input uses the same time period.
• Test a downside scenario before relying on the result.
• Keep source records with the decision.
Formula
price ÷ comparable square feet
Questions landlords ask
Questions about this tool and its limits.
How do I calculate price per square foot?
Divide the property’s price by its living area. A $420,000 home with 1,400 square feet works out to about $300 per square foot. It’s a fast way to compare properties of different sizes — but only when the square footage is measured consistently.
Why do square-foot figures need to be measured the same way?
Because “square footage” isn’t defined identically everywhere. Some measurements count only finished, heated living space; others include basements, garages, or exterior walls. If two listings measure differently, their per-square-foot numbers aren’t directly comparable — check what each figure includes.
Where should I calculate rent per square foot?
Use Aptoria’s separate rent-per-square-foot calculator. That page owns rental-income comparisons; this calculator is limited to purchase or listing price divided by comparable living area.
Is price per square foot a valuation?
No. It’s a comparison metric, not an appraisal. Two properties at the same price per square foot can differ enormously in condition, location, layout, and land — so use it to shortlist and compare, then look at the specifics before deciding anything.
Keep exploring
More tools for plan cash & accounting.
Editorial ownership
Written and maintained by the Aptoria editorial team
Editorial method reviewed July 28, 2026. Aptoria reviews scope, source fit, examples, limitations, links, and publication gates. This record does not claim attorney, CPA, lender, appraiser, or other independent professional sign-off.
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