Missed rent
Daily rent x vacant days. A 12-day turn at $2,000/month costs about $800 in lost rent alone.
The true cost of tenant turnover.
Turnover isn’t just missed rent. Your hours, cash costs, and concessions add up fast. This guide shows the full picture and how to cut it.
Cost components
Use this list to build your own estimate.
Your time
Showings, cleaners, maintenance, marketing. If your time is $50/hr and you spend 12 hours, that’s $600.
Cash turnover costs
Supplies, cleaners, locksmith, small repairs. Budget at least a few hundred even on light turns.
Concessions or discounts
Free days, move-in credits, or discounted first month to fill faster.
Quick ways to shrink vacancy
- Pre-schedule cleaners and maintenance the day notice is given.
- List within 48–72 hours with “coming soon” photos if occupied.
- Batch showings 2–3 times per week instead of one-offs.
- Decide on applications within 24 hours with preset criteria.
- Refresh photos and headline when you change price or status.
Want a custom plan to cut vacancy? We’ll run the calculator with your numbers and send a 14-day turnover schedule.
Last Updated: January 2025
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