Lease Renewal Advisor

Given a tenant's current rent and the local market, the advisor recommends a renewal rent that balances retention risk against market upside.

This tool is in preview.

Pro tier feature. Free single-unit advisor below — Pro adds portfolio-wide batch processing. The methodology below reflects what will ship — we're publishing the approach openly so users can audit it.

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What it does

Input the current rent and the unit's ZIP. The advisor compares to the local HUD-anchored market rent and outputs a recommended renewal: 'hold' if you're already at-market, 'raise modestly' if you're 5-12% under, 'reposition' if more than 12% under.

Why it matters

Turnover costs (vacancy + make-ready + leasing) typically equal 1-2 months of rent. A 10% renewal increase that triggers turnover usually nets less than a 3-5% increase that doesn't.

Data sources

Same HUD FMR + BLS CPI Shelter anchor as the Rent Estimator. Turnover-cost assumptions are derived from NMHC and BiggerPockets landlord surveys.

In the meantime

The three live calculators cover the most common landlord workflows:

Rent Estimator — market rent by ZIP, bedrooms, property type.
Cap Rate Calculator — NOI, cap rate, metro benchmark, cash-on-cash.
Cash Flow Analyzer — full P&L, break-even occupancy, printable report.

Or grab the data directly from our LandlordIQ MCP API.