When a tenant moves out, the clock starts ticking. Every day a property sits vacant means lost rental income. The turnover process cleaning, repairs, painting, and marketing readiness directly impacts how fast you can re-lease a unit and at what price.
But here’s the challenge: price turnover services are too high, and you eat into profits. Price them too low, and you risk subpar results, longer vacancies, and even future maintenance headaches. The key is finding that sweet spot where cost, quality, and speed align.
If you’re a landlord or investor in the St. Louis area, understanding how to price turnover services correctly will help you maintain healthy margins while keeping units competitive in the market.
Turnover costs are one of the most controllable expenses in rental property ownership. Done right, they protect the property’s long-term value, improve tenant satisfaction, and shorten vacancy periods. If turnover costs are managed poorly or priced incorrectly,they can lead to:
In a competitive market like St. Louis, where tenants have choices, presentation can make or break a lease signing. Pricing turnover services effectively ensures you’re getting professional quality without overspending.
Not all turnover packages are the same. Before setting a budget, understand exactly what you’re paying for. A comprehensive St. Louis turnover service should include:
Comprehending the scope enables you to make fair comparisons between quotes and prevent any unexpected additions.
Pricing for turnover services in St. Louis can vary based on property type, location, and condition. On average:
Multi-family buildings in high-demand areas like Central West End, Soulard, or Shaw may require higher-end finishes to stay competitive, while smaller units in lower-rent neighborhoods may call for a more cost-conscious approach.
When deciding how much to spend on turnover, remember: your biggest cost is vacancy, not cleaning supplies or paint.
Example:
If your unit rents for $1,200/month, that’s $40/day in lost income. Spending an extra $300 on faster, higher-quality turnover that reduces vacancy by 10 days actually saves you $100 in the long run.
Some landlords consider doing turnovers themselves to save money. While this may work for smaller portfolios or single-family rentals, it often comes with trade-offs:
In competitive St. Louis rental neighborhoods like Tower Grove South or The Grove, professional-level finishes can directly impact rent rates and tenant interest.
Landlords often overpay for turnovers because they’re forced to make decisions last minute. To avoid that:
If you own multiple units or properties in St. Louis, leverage that scale. Many turnover companies offer discounted rates for landlords with frequent or bulk work. This can help keep per-unit costs predictable and reduce overall maintenance budgets.
While it’s tempting to cut turnover expenses, certain areas deliver a strong ROI:
Track turnover costs and timelines for each property. Over time, you’ll see patterns:
In the St. Louis rental market, data-driven decisions keep landlords competitive without overextending budgets.
Many landlords in St. Louis choose to work with property management companies that handle turnovers from start to finish. The benefit? Coordinated scheduling, vetted vendors, and market-savvy adjustments that align your unit’s presentation with what local tenants expect.
At Botanical Property Management, our turnover process is designed to minimize downtime and maximize rental income. We tailor pricing and service scope to each property’s needs, whether it’s a quick refresh or a full-scale renovation, so St. Louis landlords get the best value without sacrificing quality.
Pricing turnover services right isn’t about choosing the cheapest option; it’s about balancing cost, speed, and presentation to protect your investment. By understanding local market rates, factoring in vacancy costs, and working with experienced professionals, you can keep your units market-ready and income flowing.
In a city as diverse and competitive as St. Louis, the right turnover strategy makes all the difference between an empty unit and a profitable one. Botanical Property Management offers full-service and standalone turnover services across the St. Louis metro area. Whether you manage your properties yourself or prefer a hands-off approach, we can help you prepare, price, and present your rentals for maximum return.