Vacancy Cost Calculator

See how much vacancy is costing you

Count every empty day and your own time—get the total loss instantly.

Calculate vacancy cost

Quick facts

  • Every 7 extra vacant days ≈ 23% of one month’s rent.
  • Your time is part of the loss—showings, cleaning, coordination.
  • Shaving 5–10 days often pays for pro management.
Step 1

Quick estimate (no friction)

Results update instantly as you type.

FAQ

What’s a normal vacancy rate?

Aim for roughly 5–7 days per turnover in balanced markets. Anything over 10–14 days is usually a signal to fix pricing or process.

Should I count my own time as a cost?

Yes. Showings, cleaning, and coordination are hours you could spend elsewhere. Putting a dollar value to your time shows the true cost.

How do I lower vacancy without just dropping rent?

List earlier, improve photos, reply fast to inquiries, and tighten make-ready timelines. Small pricing adjustments beat big last-minute drops.

Does this include the cost of repairs?

This calculator focuses on time and missed rent. You can add repair costs separately when modeling ROI or include them in your hourly value.

Results

Total vacancy cost

Missed rent plus the value of your time.

Estimated total loss

68.6% of a month

$1,440

Includes $840 missed rent + $600 for your time.

Daily rent loss

$70

Lost rent

$840

Your time cost

$600

Cash costs

$0

Concessions

$0

Cost per vacant day

$120

Assumptions used (editable)

Even with conservative assumptions, DIY turnover costs about $1,440 this cycle.

Want to reduce that next cycle? Get a free local rental analysis.