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Rentable Square Feet (K) is defined as the usable square feet plus a portion of the building’s common space. Usually, more rentable square feet means the company has more assets that can be used to produce profit, but operating expenses should also be considered to determine if the asset is used efficiently.
The historical rank and industry rank for Independence Realty Trust's Rentable Square Feet (K) or its related term are showing as below:
IRT's Rentable Square Feet (K) is not ranked *
in the REITs industry.
Industry Median: * Ranked among companies with meaningful Rentable Square Feet (K) only.
Rentable Square Feet (K) is defined as the usable square feet plus a portion of the building’s common space. It is similar to the inventory of the manufacturing industry since it reflects the company’s resources and can produce rent revenue.
Usually, more rentable square feet means the company has more assets that can be used to produce profit, but operating expenses should also be considered to determine if the asset is used efficiently.
Independence Realty Trust Rentable Square Feet (K) Related Terms
Independence Realty Trust Rentable Square Feet (K) Historical Data
* Premium members only.
The historical data trend for Independence Realty Trust's Rentable Square Feet (K) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
IRT vs MRP, UMH, CSR: Rentable Square Feet (K) Comparison
For the REIT - Residential subindustry, Independence Realty Trust's Rentable Square Feet (K), along with its competitors' market caps and Rentable Square Feet (K) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
What does a Rentable Square Feet (K) of 0.00 mean?
Independence Realty Trust (IRT) has a Rentable Square Feet (K) of 0.00 as of Jun. 2026. Rentable Square Feet is defined as the usable square feet plus a portion of the building’s common space. View historical data on Independence Realty Trust and its competitors.
Is Independence Realty Trust's Rentable Square Feet (K) too high?
Independence Realty Trust's current Rentable Square Feet (K) is 0.00. Overall, Independence Realty Trust has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Independence Realty Trust's Rentable Square Feet (K) compare to MRP and UMH?
Independence Realty Trust's Rentable Square Feet (K) of 0.00 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Rentable Square Feet (K) for a REITs company?
A good Rentable Square Feet (K) depends on the REITs industry context. However, Rentable Square Feet (K) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Rentable Square Feet (K) mean?
A high Rentable Square Feet (K) can signal that a stock is expensive relative to its fundamentals. Rentable Square Feet is defined as the usable square feet plus a portion of the building’s common space. View historical data on Independence Realty Trust and its competitors. Independence Realty Trust's current Rentable Square Feet (K) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independence Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Independence Realty Trust (IRT) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.10, compared to a current price of $15.19 — trading 11.2% below its estimated fair value. The current Rentable Square Feet (K) is 0.00. Independence Realty Trust's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Rentable Square Feet (K) calculated?
Rentable Square Feet (K) is calculated from a company's financial statements. For Independence Realty Trust (IRT), the current Rentable Square Feet (K) is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Independence Realty Trust (IRT) Overvalued in 2026?
Based on GuruFocus' analysis, Independence Realty Trust stock appears to be undervalued.
The current stock price of $15.19 is trading 11.2% below its estimated GF Value™ of $17.10.
GuruFocus considers Independence Realty Trust to be Modestly Undervalued.
Key valuation signals for IRT:
Rentable Square Feet (K): 0.00
GF Value™: $17.10 vs. price of $15.19 (11.2% below fair value)
No single metric tells the full story. See the IRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Independence Realty Trust Inc is a real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It owns and operates multifamily apartment properties, across non-gateway U.S markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and various employment centers.
68GF Score
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