Hey guys, working on a development project, and via API we'd like to run the average rental rates for each zip code (or city) in the US. The average rent per square foot (psf) has slowly declined since 2019. * exposing your rental listing to over 34 million monthly users. Most renters (84%) search online when looking for a home, so it’s important to maximize your listing’s exposure across multiple brands. This interactive 3D map looks at county-level data by price per square foot to provide an answer. According to the latest estimates, the median price for each square foot for a home in the United States is $123. ... and the most expensive neighborhood for rent is West Village in New York City ($6,030 per month for a 1,000 sq. If you want to customize the colors, size, and more to better fit your site, then pricing starts at just $29.99 for a one time purchase. The subtle downtrend continued in the first quarter of 2021 (January only) as the average rent declined 3.4% annually to $2.25. If I had a 1200 square foot unit, I could multiply the $1.52 * 1200 to get $1824 per month target rent. Understanding this comes at a cost, so any buying recommendations are greatly appreciated. ... and by using average price per square foot we have a more universal denominator. With Zillow Rental Manager, you can advertise your rental listings across three of the top five rental networks — Zillow, Trulia and HotPads. In 2016, the Salt Lake City commercial real estate market experienced record rents for office spaces. It also doesn't matter if the figure is limited to just office space or if it includes all commercial real estate. The graphic below orders each of the select 39 brands by average annual sales per square foot of retail space. Click the "Customize" button above to learn more! ft place). Some takeaways are immediately obvious: high-end stores like Tiffany’s and Coach dominate in terms of sales per SF, while discount shops only occasionally scratch the $200-per-square-foot mark. I need a table that will map each US zip code to the average price of commercial real estate (office space) in that zip code. Looking for the average commercial rental rates per zip code. The average rent for a Salt Lake City office space was $23 per square foot, which is 4.6% higher than the rate in the first quarter of 2015. The rent per square foot calculator exactly as you see it above is 100% free for you to use. But that can vary widely based on where you live and other factors. We have zip code and Lease price per square foot. For example, if I had a 855 square foot townhome that leased for $1300 per month, that would be $1300 / 855 sq ft = $1.52 / square foot lease price. Get the latest real estate data and statistics by zip code, county, metro, state and the U.S. broken down by property type, price tiers, house size, and number of bedrooms. It doesn't matter to me if the prices are to rent or to buy. After staying flat for the first three quarters of 2020 at about $2.34 psf, there was a slight decline to $2.30 in the fourth quarter. If monthly rent works out to be $2/square foot, divide your monthly rent per square foot by your sales per square foot to determine your percentage of income that would go toward rent. If your average monthly gross sales are $15,000 and you are considering renting a 2,000 square foot retail space, then your sales per square foot would be $7.50.