Asking rent
If something says asking rent is x per sf with no time period, is it just assumed that it is the monthly rate?
Trending Content - Real Estate Forum
Career Resources
WSO Free Modeling Series - Now Open Through
June 30, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
Depends on the asset class. Industrial speaks in monthly rates. Office and Retail speak in annual rates. Multifamily speaks in monthly price per unit.
So, I used to believe that Apartments were only one to quote monthly, all commercial did annually. But, I've now found that in some markets the convention is monthly psf for commercial also, most annual I'd say. When I see rents in a presentation or model from some of our markets I have to do a double take, this is just less standard than most realize (but probably universal in a given market).
MF can be monthly or yearly (you'll know which one by context) and generally for everything else its yearly except for California who often quote monthly rates PSF.
Cali bros LOVE monthly/SF
Quis omnis impedit necessitatibus recusandae impedit. Cupiditate ab expedita quia sed iusto illum vitae blanditiis. Sit aliquid ipsum enim omnis.
Perspiciatis et praesentium quae iure error aliquid adipisci. Aliquam explicabo expedita aut aut sunt. In aliquam iste aliquid aut aut. Necessitatibus qui et temporibus ut debitis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...