Dictionary of Business Terms: rental rate
rental rate
periodic charge per unit for the use of a property. The period may be a month, quarter, or year. The unit may be a dwelling unit, square foot, or other unit of measurement. For example, the rental rate for a two-bedroom apartment might be $1,200 per month. The rental rate for office space could be $28 per square foot per year.
Dictionary of Real Estate Terms: rental rate
rental rate
the periodic charge per unit for the use of a property. The period may be a month, quarter, or year. The unit may be a dwelling unit, square foot, or other unit of measurement.
Example: The rental rate for the 2-bedroom apartments is $750 per month. The rental rate for office space is $18 per square foot per year.
