Construction Cost Estimates for Apartment, 8-24 Story in National, US

The following analysis estimates the cost to build an apartment, 8-24 story using US National Average costs from 2013 RSMeans cost data. Costs are derived from a building model that assumes basic components, using union labor for a 145000 square foot building.

Scope differences and market conditions can cause costs to vary significantly. To see an estimate of the costs to build an apartment, 8-24 story in a specific city or metropolitan area, go to our index of apartment, 8-24 story models by state.

NOTE: This cost estimate uses 2013 RSMeans data. A more accurate estimate using current RSMeans cost data is available on RSMeans Online - our online cost estimating tool.

Apartment, 8-24 Story Construction Cost Assumptions
Location: US National Average
Stories: 15
Story Height (L.F.): 10.50
Floor Area (S.F.): 145000
Basement Included: No
Data Release: Year 2013

Apartment, 8-24 Story Square Foot Cost Assuming Face Brick with Concrete Block Back-up / R/Conc. Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total $161.38 $23,400,000
Contractor Fees (GC,Overhead,Profit) 25% $40.34 $5,850,000
Architectural Fees 6% $12.10 $1,755,000
Total Building Cost $213.83 $31,005,000
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total $147.90 $21,446,000
Contractor Fees (GC,Overhead,Profit) 25% $36.98 $5,361,500
Architectural Fees 6% $11.09 $1,608,500
Total Building Cost $195.97 $28,416,000

Apartment, 8-24 Story Square Foot Cost Assuming Face Brick with Concrete Block Back-up / Steel Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--

Apartment, 8-24 Story Square Foot Cost Assuming Ribbed Precast Concrete Panel / R/Conc. Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--

Apartment, 8-24 Story Square Foot Cost Assuming Ribbed Precast Concrete Panel / Steel Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--

Apartment, 8-24 Story Square Foot Cost Assuming Stucco on Concrete Block / R/Conc. Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--

Apartment, 8-24 Story Square Foot Cost Assuming Stucco on Concrete Block / Steel Frame

Cost Estimate (Union Labor) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost $---.-- $-,---,---.--