The way cost per square feet is measured in real estate is awkward. You take the monthly rent and annualize it by multiply it by 12 months. So, 2,100 is multi

The way cost per square feet is measured in real estate is awkward. You take the monthly rent and annualize it by multiply it by 12 months. So, 2,100 is multiplied by 12 to get $25,200. Then, it's divided by the number of square feet in the apartment, which is 800 square feet. That leads to $31.50 dollars per square foot.