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Renewal Probability Calculator
Renewal probability sizing helps property managers prioritize retention concessions and budget for turn cost. The four biggest signals: tenure (longer = sticker), rent vs market (below market is sticker), satisfaction, and known life events. This calculator combines them into a probability tier so retention efforts go to the highest-impact relationships.
Negative = below market (sticky)
Renewal probability
90.00%
Tier
High
How the math works
Renewal probability blends tenure (longer = more sticky), rent vs market (below market is most sticky), satisfaction, and known life events. Use it to size make-ready and concession reserves on the rent roll.
Industry data: tenure 1+ yr boosts renewal +10%; rent below market by 5%+ boosts +10-15%; pending life event drops -30%.
How to Use
- Enter tenant tenure (years) and current rent vs market %.
- Enter satisfaction score (0-10).
- Indicate whether there's a known life event.
- Read renewal probability and tier.
Frequently Asked Questions
How accurate are these estimates?
Directional only — actual renewal rate depends on operator skill, local market, and individual relationship. Use as a screening tool, not a forecast.
What lifts renewal most?
Below-market rent (-5% or more) is most sticky. Long tenure (3+ years) signals stability. Satisfaction matters but is hard to measure consistently.
How to use this?
Tag every lease as High/Medium/Low renewal probability. Spend retention budget on Medium (movable) tenants; let Low tenants exit; minimal effort on High (already sticky).
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