For a 100-unit, mid-rise project at 80,000squarefeet, totals can run from about $9.6 million on the lowendto $30.4 million on thehighend.Per-unit estimates typically align with unit counts, butper-square-footmetrics help compare proposals across sites and designs.
The national averagecostto build a mid-rise (four to seven stories) orhigh-rise (eight or more stories)apartmentcomplex typically ranges from $220 to $700 persquarefoot.Buildinga standard mid-riseapartmentcomplex that is four to seven storieshighcosts$7.1 - $54.6 million, depending on project-specific factors and market conditions.
Easily understand potential multifamily constructioncostsin 2026 with our calculator and guide, whether you'rebuildinga four- or 20-unitsapartmentcomplex.
The constructioncostsof multifamilyapartmentcomplexes in 2025 have increased due to the pandemic, supply chain and labor issues, and housing shortages. Luxuryapartmentstypicallycostbetween $36. 8 million and $94. 1 million, or about $450 to $700 persquarefoot. This includes site preparation, construction,high-endinterior finishes, advanced plumbing, and specialized amenities like ...
According to Janover, theapartmentbuildingcostpersquarefootis $350, withhigh-riseapartmentsin cities like Manhattan or San Francisco exceeding $450 persquarefoot.
Moving forward, it's essential to keep these visual contexts in mind when discussing High End Modern Apartment Building Costs Per Square Foot.
Costsvary by location, materials, andbuildingtype. $150-$400costpersquarefoot, depending on scope. 4-unit builds maycost$600K-$1M. 50-unit projects can exceed $15 million.
The averagecostto build anapartmentcomplex is $150 to $400 persquarefoot, or $75,000 to $600,000 per unit.
The averagecostpersquarefootto build anapartmentcomplex in the U.S. is $310. This figure is based on the development of mid-riseapartmentsand condos, typically between 5 and 10 stories.
