Field Renewal
Apartment Lease Renewal Calculator
Multifamily renewal cycles move fast. Calculate whether your proposed apartment rent increase beats the cost of finding a new tenant.
1 · Current Lease
$
2 · Proposed Renewal
$
$0.00(+0.0%)
3 · If the Tenant Leaves — Turnover Costs
$0.00
Weeks × monthly rent ÷ 4.33
$
$
$
$
$500.00
4 · Decision Analysis
Enter current and proposed monthly rent to see your breakeven.
Estimate only. Not legal advice. Rent control laws vary.
When to use this calculator
Apartment turnover is faster and often more expensive than it looks: paint, carpet, listing photos, and the leasing fee add up before the unit is even shown. Use the calculator above to model your unit's vacancy period and make-ready costs against the proposed increase, and see the breakeven in months before you send the renewal offer.
Buying instead of renewing? Field ROI calculates cap rate and cash-on-cash return before you close. Try Field ROI →