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What is a higher renewal rate actually worth?

A single turnover costs one to two months of rent per unit. Model your portfolio below to see the annual turnover cost you could save by lifting your lease renewal rate a few points.

Founding-member offer — 30% off for 3 months on any plan.10 of 10 spots left
Your portfolio
500
1,800$
55%
5pts

Assumes an all-in turnover cost of ~1.5 months of rent per unit (vacancy, make-ready, marketing and leasing). Directional estimate, not a guarantee.

Estimated annual savings
$67,500

by lifting your renewal rate from 55% to 60% — about 25 fewer move-outs per year.

Cost per turnover
$2,700
Current turnover cost / yr
$607,500
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Turn the estimate into an operation

Vemlio runs renewals as a measurable, source-linked workflow on top of your PMS — so the savings above stop being a projection.

Vemlio provides operational workflow support and editable document drafts. Vemlio does not provide legal advice. Verify lease terms and applicable federal, state, county and municipal requirements with qualified counsel.