Field Renewal

Month-to-Month vs. Annual Lease Renewal Calculator

Charging a month-to-month premium? See how big the bump has to be to outweigh the turnover risk of a tenant who can leave on 30 days' notice.

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

Month-to-month gives you flexibility — and gives your tenant the same. Most landlords add 5%–15% on top of the annual rate to compensate, but that premium only pays off if the unit doesn't end up vacant. Use the calculator above to compare a month-to-month rate against a 12-month renewal and see which one wins on year-one net.

Buying instead of renewing? Field ROI calculates cap rate and cash-on-cash return before you close. Try Field ROI →

Frequently asked questions

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