2026 Multifamily Turn Cost & Market Benchmark Report
Turn pricing, vendor performance, and seasonal demand data across 150 U.S. markets, built from real turn operations, not surveys. See how your markets compare on service pricing, vendor wait times, turnover seasonality, and staffing benchmarks.
Report at a Glance
Data sourced from platform-observed turn operations, public market data, and industry benchmarks. Updated Q1 2026.
Key Findings
Four data points that reveal why a single national benchmark fails operators : and where market-specific intelligence creates a material cost advantage.
National coverage across every major metro
Turn pricing, vendor performance, and seasonality data spanning 150 U.S. markets, from the top 10 metros to emerging secondary markets. Benchmarks broken out by region: Southeast, Midwest, Northeast, Mid-Atlantic, West, and Texas & Southwest.
Total turn cost varies 3x by market
The all-in cost to turn a unit, painting, cleaning, carpet, maintenance, and repairs, ranges from $800 in Brownsville to $2,300 in Boston. Most operators budget a single national average. The data shows that approach leaves money on the table or underfunds critical markets.
Sun Belt turnover outpaces the national average
Markets like Austin (55%), Charlotte (54%), and Dallas-Fort Worth (53%) see annual turnover rates well above the national median. Higher turnover means more turns per year, and more exposure to vendor pricing variance, seasonal availability gaps, and coordination delays.
Vendor wait times triple during peak season
In high-demand markets, vendor availability for painting stretches to 9+ days during summer peak versus 1-3 days in low season. Flooring waits exceed 10 days in metros like Atlanta. Operators without pre-negotiated vendor capacity lose weeks per turn cycle during June-August.
National Pricing Preview
Average turn service pricing by category, independent vendors vs. full-service companies. The full report breaks these out across all 150 markets.
| Service | Independent Avg | Company Avg | Range (Low-High) |
|---|---|---|---|
| Painting | $460 | $645 | $250-$750 |
| Deep Cleaning | $200 | $310 | $125-$425 |
| Carpet Cleaning | $140 | $215 | $84-$350 |
| Maintenance / Punch | $72 | $110 | $40-$160 |
| Repairs | $310 | $520 | $200-$750 |
Averages computed across 150 markets. Individual market pricing varies significantly by region, vendor type, and seasonality. Full market-level data available in the report.
Why Market-Level Benchmarks Matter
Most operators budget turns using a single national average. The data shows that total turn costs vary by 3x across markets, and vendor availability swings dramatically by season. Operators who benchmark at the market level can negotiate more effectively, staff proactively for peak season, and see how their markets compare for smarter planning ahead.
Rent Ready's platform captures this data in real time, giving operators pricing intelligence, vendor performance scoring, and seasonal demand forecasting built directly into turn workflows.
Inside the Full Report
The complete report covers seven data dimensions, giving operators a market-by-market playbook for budgeting, vendor negotiation, and seasonal staffing.
Turn Pricing by Service
Market-level pricing for painting, cleaning, carpet cleaning, maintenance, and repairs, broken out by independent vendors vs. full-service companies, with median and average benchmarks.
Vendor Performance & Wait Times
Reliability and quality scores for in-house vs. vendor teams across six service categories. Plus seasonal vendor wait times, how many days it takes to get a painter or flooring crew in peak vs. off-peak.
Turnover Seasonality & Dynamics
Monthly turnover curves for every market. Average turn days, vacancy days, leasing cycle length, and occupancy rates, the operating metrics that determine how much each vacant day costs.
Multifamily Salary Benchmarks
Entry, mid, and senior-level compensation data for property managers, leasing agents, maintenance managers, and maintenance technicians, by market. Know if you are competitive before you lose staff.
Turn Type & Labor Breakdown
Light, heavy, and renovation turn mix by asset class and region. Plus internal labor hours per turn step, pre-inspection through leasing, across Class A, B, and C properties.
Vendor Type Distribution
Independent vs. company vendor utilization by service and market. See where independent vendors dominate on price but lag on reliability, and where full-service companies deliver consistency at a premium.
Get the full report
150 markets. 6 service categories. 14 data dimensions per market. The benchmarks your budget and vendor negotiations are missing.