As a Rental Owner, What Are the Minimum Costs I Should Be Prepared to Cover for Each Tenant Turnover?
In light of post COVID realties, these numbers need to all be adjusted 20% higher. Understanding these “minimum costs” helps owners plan ahead and make financially sound decisions.
Audience: rental property owners who want to understand the baseline, unavoidable expenses associated with tenant turnover — regardless of tenant behavior, property age, or wear levels.
Even the best tenants leave some level of wear behind. Turnover is simply part of owning a rental property, and certain expenses occur every single time a tenant moves out.
Here’s what every owner should expect.
FAQs ❓
Does every turnover cost money, even with great tenants?
Yes. some expenses are unavoidable.
Can turnover ever cost $0?
Extremely unlikely. Even spotless tenants leave normal wear.
Do long-term tenants increase or decrease turnover cost?
They typically increase it — because more years = more wear.
Can I decline optional upgrades?
Yes. but required cleaning, safety updates, and habitability repairs cannot be declined.
Minimum Turnover Costs Every Owner Should Expect ✔️
Below are the baseline categories the lowest possible costs associated with getting a home ready for the next resident.
1. Standard Cleaning 🧼
Even great tenants rarely return a home in listing-ready condition.
Minimum cleaning often includes:
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Bathrooms
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Kitchens
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Baseboards
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Windowsills
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Light fixtures
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Floors
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Appliances
Typical minimum cost:
👉 $150–$350 for basic turnovers
👉 $350–$650 for larger or dirtier homes
2. Carpet or Floor Cleaning 🧹
Professional carpet cleaning is almost always needed.
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Removes normal use dirt
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Sanitizes for new tenants
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Helps reduce odors
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Meets listing standards
Typical minimum cost:
👉 $100–$250 depending on size
If carpet is older, frayed, or heavily stained, replacement may be recommended — but that is not a “minimum” cost.
3. Paint Touch-Ups or Full Repainting (Depending on Wear) 🎨
Even short-term tenants produce:
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Scuffs
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Nail holes
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Marks near switches
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Faded patches
Touch-ups may suffice, but if paint is more than 3–5 years old, a full repaint is often needed for market readiness.
Minimum expectation:
👉 Touch-ups: $50–$150
👉 Full repaint (if worn): $1,200–$3,000 (depends on size)
This is one of the largest owner expenses.
4. General Repairs for Normal Wear 🛠️
This includes:
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Loose hinges
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Minor wall repairs
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Re-caulking
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Replacing broken or aged blinds
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Fixing doorknobs
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Light fixture updates
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Fixing minor leaks or drips
Even careful tenants produce small, cumulative items.
Typical minimum cost:
👉 $75–$300
5. Safety Compliance Updates (Required) 🔥
Turnover is the ideal and often required moment to update:
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Smoke detectors
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CO detectors
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Batteries
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Fire safety compliance per NC code
These items must be updated at regular intervals.
6. Landscaping & Exterior Tidy-Up 🌿
Homes must have curb appeal for showings.
Typical light work includes:
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Lawn mowing
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Leaf removal
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Branch trimming
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Weed clearing
Minimum cost:
👉 $50–$150
7. Utility Transfer Costs (Vacancy Period) 💡
Owners are responsible for utilities when the home is unoccupied.
Minimum expectations:
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Electric
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Water
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Gas (if applicable)
Even a short vacancy period carries basic utility costs.
8. Marketing Readiness (Photos + Prep) 📸
High-quality photos increase rent and reduce vacancy.
Sometimes prep includes:
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Light staging
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Debris removal
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Touch-up cleaning
Photo sessions themselves may be included but require the property to be fully turnover-ready.
Total Minimum Turnover Cost Estimate 💰
For a home in good condition, typical baseline turnover costs are:
$300–$1,000 for a low-wear turnover
$1,000–$2,500 for a standard turnover
$2,500–$5,000+ for long-term or high-wear turnovers
These numbers do not include major repairs or upgrades.
Factors That Cause Turnover Costs to Increase 🧠
Turnover costs are affected by:
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Length of tenancy
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Pets
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Flooring age
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Paint age
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Appliance condition
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Number of residents
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Property age
And especially:
Whether the home was last updated before the previous tenancy.
What Items Are Not Optional for Owners ❗
These must be completed before re-renting:
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Deep cleaning
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Carpet cleaning
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Safety device updates
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Repairs impacting habitability
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Mold/moisture remediation
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Flooring repairs to avoid trip hazards
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Leak or plumbing repair
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Functioning appliances essential to habitability
Declining these items delays renting and violates legal standards.
How Owners Can Reduce Turnover Costs ✔️
✔ Use LVP instead of carpet (lasts 10–20+ years)
✔ Apply durable, washable paint
✔ Approve small preventative maintenance items during tenancy
✔ Avoid highly decorative or trendy finishes
✔ Encourage renewal to reduce turnover frequency
✔ Invest in mid-grade, durable materials
Each of these significantly lowers long-term expenses.