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Home/Property Management/Vacancy Cost Calculator

🏢 Property Management Tools

Vacancy Cost Calculator

Calculate the true cost of a vacant unit including lost rent and turnover expenses.

Vacancy details

Cleaning, painting, repairs, listing fees

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Fill in the details and click calculate.

Frequently Asked Questions

What does one month of vacancy really cost?

Lost rent + turnover costs: cleaning, paint, repairs, leasing fee, utilities during vacancy. A $1,800 unit commonly costs $3,000–5,000 per turnover all-in — the most expensive event in property management.

What vacancy rate should I budget?

5–8% of gross rent annually (roughly 2–4 weeks per year) in normal markets. Budgeting 0% vacancy is the most common first-time landlord modeling error.

How do I minimize vacancy between tenants?

Start marketing 45–60 days before lease end, offer renewals early with modest increases, pre-schedule turnover vendors, and price at market — an extra $50/month is not worth three vacant weeks.

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