Note that surface texturing or skim coating is NOT included in this estimate. For a basic 500 square feet project in zip code 47474, the benchmark cost to Hang Drywall ranges between $1.43 - $1.76 per square foot* .To estimate costs for your project: 1.or a basic 500 square feet project in zip code 47474, the benchmark cost to Hang Drywall ranges between $1.43 - $1.76 per square foot* . To estimate costs for your project: