---
title: What Is the Average Calculation for Vacant Rental Property?
description: When a rental property becomes vacant, there's an immediate loss of monthly rent. But that's only part of the profit loss owners endure.
image: https://www.steadytech.com/hubfs/Imported_Blog_Media/AEn0k_vuCf8ZwAR2gkQ8ldzy9u8CcPUJ-WljtbRzPkffGtt_6ppgpc_ShETzkH0TiHTVMlqb90YuOQQGbLOtbD3G-CbbR0gK03ApaXZWz4r42MFvMrZkqqIqJUb19ZId1zEXfxKoZzW1E0_yxqM=w.png
---

The Owner Benefit Package is now OwnerProtect. Current customers can [log in](https://admin.steadyrent.com/signin) as usual.New: **OwnerLaunch** is here. [See how it works →](https://www.steadytech.com/owner-launch)

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[New![OwnerLaunch](data:image/png;base64,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) Owner onboarding and renewals](https://www.steadytech.com/owner-launch) [![OwnerProtect](data:image/png;base64,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# What Is the Average Calculation for Vacant Rental Property?

Feb 21, 2023, 12:00:00 AM · felipe

![property manager discussing market average vacancy rate with real estate agent and real estate investors while researching comparable properties](https://www.steadytech.com/hubfs/Imported_Blog_Media/452e0085-eb0c-450b-b19c-c564da8b97a3-1.jpg)

 Loss of potential rental income can have a significant impact on property owners. These losses become even more pronounced when we’re talking about individuals that own just a handful of single-family rental homes, with fewer assets to off-set this income loss.

 The math around the average calculation for a vacant rental property is straightforward. You’ve got the monthly rental income associated with the rental times the length of time that the rental is vacant. If a tenant that pays $2,000/month in rent is evicted after three months and it takes another two months to fill the vacancy, that’s $4,000 off the table. 

![property manager calculates the impact of a vacant rental unit on the ROI of an investment property](https://www.steadytech.com/hubfs/Imported_Blog_Media/49073c5b-c0e4-4a07-876b-6713fda644a4-1.jpg)

 But if we start to dig a bit deeper into the average calculation for a vacant rental property and unoccupied units, we start to see where property owners have to shell out more money that inevitably leads to increased financial hardship.

## Vacant Rental Property Owners Are Still on the Hook for Utilities

 Energy Star estimates that the [average annual energy bill](https://www.energystar.gov/products/where_does_my_money_go) for single-family properties is $2,060, with the majority of these costs going toward heating the home. While tenants typically foot this utility bill (among others), the costs fall on the shoulders of a property owner during vacancy. 

![property manager discussing vacancy rate, vacant units and net operating income at a conference](https://www.steadytech.com/hubfs/Imported_Blog_Media/13fec460-f4e4-493c-879d-fcdcd7697383-1.jpg)

 With the possibility of frozen pipes and subsequent damage, turning off a vacant rental property’s heat in the colder months simply isn’t an option. But it’s also important to look at utilities through the lens of giving prospective tenants tours. You’ll want to maintain proper heating and cooling within the space to keep individuals comfortable, while also having the option to turn on the lights so it’s easy to see the space at any time of day.

## When a Rental Property Goes Vacant, It’s Time to Advertise

 While there are plenty of ways to promote single-family rental homes to the public, it’s natural that property owners want to use [multiple advertisement avenues](https://www.steadyrent.com/Blog/why-landlord-risk-mitigation-should-be) in hopes of filling vacancies fast.

![man reading about how vacancy rates can differ based on market vacancy rate or economic vacancy rate](https://www.steadytech.com/hubfs/Imported_Blog_Media/54cd55f5-0c7e-4417-8cbf-c37578207bae-1.jpg)

 One avenue that tops this list is Zillow rental listings. While it’s free to publish listings under [Zillow Rental Manager](https://www.zillow.com/rental-manager/), the sense of urgency to fill the vacancy may lend itself to the decision to upgrade to a premium service where a home is positioned higher in relevant search results. This upgrade comes with a $29.99 price tag per listing.

 With the rental property already vacant, an owner might also consider hosting an open house. While a great opportunity to attract potential renters and let them see the space first-hand, a deep cleaning of the home is often required before visitors arrive — and if not then, before a new tenant moves in. A [professional cleaning service](https://www.angi.com/articles/how-much-does-it-cost-hire-house-cleaner.htm) saves property owners the time and hassle of cleaning, but it can cost anywhere from $120 to $235.

**Let's pause to do a little math. When you tack on utility and advertising costs to the $4,000 in rent lost in a two-month vacancy, the total loss can add up to between $4,524 and $4,647.**

## Don’t Let Vacant Rental Properties Weigh Down Your Owners

![woman researching online about a property's vacancy rate in relation to the average vacancy rate while learning to how to calculate vacancy rate](https://www.steadytech.com/hubfs/Imported_Blog_Media/7190972e-f2bc-49de-9330-e5ff9d5bfbb6-1.jpg)

 Certainty is the best gift a property manager can give to owners in their portfolio. While the risk of unexpected rental vacancies will never go away, Steady offers solutions that deliver that sense of certainty and enable rental property owners to weather the storm.

 Designed specifically for single-family rental homes and available exclusively through our partner PMs, Steady’s Rent Advance gives owners up to 12 months of rent the day a lease is signed, regardless of resident payment. With this cash-in-hand on day one, rental property owners can effectively solve the threat of resident non-payment and, as the PM, you receive management fees upfront as well.

 Learn more about how our [Rent Advance program](https://www.steadyrent.com/RentAdvance) works and its multi-layered benefits.

[← All articles](https://www.steadytech.com/blog)

Steady®

Steady Technologies, Inc. and its subsidiaries deliver unique financial and insurance solutions to property managers and their clients. All insurance products are offered through Steady Insurance Agency LLC, a leading program manager and Underwriting Manager for Landlord Rent Default Insurance. Steady Insurance Agency LLC works with an A.M. Best rated A+ and Fortune 100 Company. Nationwide, the Nationwide N and Eagle are service marks of Nationwide Mutual Insurance Company. © 2022 Nationwide Mutual Insurance Company. Steady Insurance Agency LLC or Steady Insurance Agency LLC’s brokers maintain Excess and Surplus Lines Broker licenses in every state where Landlord Rent Default Policies are bound and issued.

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