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Unit Type Rent Premium Calculator

Unit type premium analysis helps optimize unit mix and pricing for new construction.

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$
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$

Blended $/sqft

$31.36

Studio premium vs avg

0.11%

3BR premium vs avg

-0.07%

How the math works

Blended $/sqft = total monthly rent × 12 / total sqft.

($1,600 + $2,100 + $2,700 + $3,400) × 12 / 3,750 = $31.36/sqft blended.

How to Use

  1. Enter studio rent.
  2. Enter 1BR rent.
  3. Enter 2BR rent.
  4. Enter 3BR rent.
  5. Enter sqft per unit type.
  6. Read $/sqft by type.

Frequently Asked Questions

Unit type rent relationships?

Studio: base. 1BR: 20-40% above studio. 2BR/1BA: 20-35% above 1BR. 2BR/2BA: 5-15% above 2BR/1BA. 3BR: 25-40% above 2BR. Premium compression in tight markets: 2BR and 3BR premiums smaller. Premium expansion in family-oriented markets: 2BR and 3BR premiums larger. Track by submarket — varies significantly.

Rent per sqft by type?

Studio: highest $/sqft (15-25% above building average). 1BR: building average. 2BR: 10-15% below average $/sqft. 3BR: 15-25% below average $/sqft. Smaller units command price premium per sqft due to scarcity + single-occupant demand. Exception: tight 2BR market can flip (2BR commands highest /sqft). Use $/sqft to benchmark market rent comparables fairly.

Unit mix optimization?

Urban CBD: 40-60% studios, 30-40% 1BR, 10-20% 2BR. Suburban: 20-30% 1BR, 40-50% 2BR, 20-30% 3BR. Family-oriented: 10-20% 1BR, 30-40% 2BR, 40-50% 3BR. New construction builders test mix via pre-leasing velocity. Misaligned mix (too many 3BR in CBD, too many studios in family suburb): persistent vacancy, rent concessions needed.

Floor plan variations?

Within unit type, variations matter: 1BR with den: +$100-300/mo vs standard 1BR. 2BR + 2BA (dual-master): +$150-400 vs 2BR/1BA. Loft/high ceiling: +$75-200. Corner unit: +$50-200. End-unit: +$25-100. Balcony/patio: +$50-200. Walk-in closet: +$25-75. Feature pricing stacks — sophisticated revenue management captures all layers.

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