Owner Tool
Calculate gross rent multiplier and compare how buyers may view apartment building pricing.
By Don Favia · Updated July 3, 2026
Direct Answer
GRM is price divided by gross scheduled annual rent. It is useful for quick comparisons, but it does not account for expenses, rent control, vacancy, repairs, financing, or buyer risk.
Estimate
10.71x
GRM is a screening metric. It does not adjust for expenses, rent control, vacancy, or repair risk.
Enter estimated value or price and annual gross scheduled rent. Use the result as a screening metric, not a final value conclusion.