Net Effective Rent Calculator
Find the real monthly rent of a lease after free months and other concessions.
Change the values and press Calculate to work out your own figures.
Enter the term, the rent and the concessions.
Show the working
- net effective rent = (rent × months − free months × rent − other concessions) ÷ months
How to use it
Enter the term, the rent and the concessions.
Enter amounts without commas or with them; rates are percentages (5 for 5%). Negative amounts are allowed where a sign means money paid out.
Key facts
net effective rent = (rent × months − free months × rent − other concessions) ÷ months
Questions
What is the net effective rent of a $1,500 lease with one month free?
$1,375 a month.
Formulas
net effective rent = (rent × months − free months × rent − other concessions) ÷ months
Sources
Limitations
- Results are estimates for planning, not offers or financial advice; lenders and banks may round, count days or time payments differently.
- Rates are nominal annual rates compounded as you choose; payments at a different frequency use the equivalent periodic rate.