What Does a Unit Turn Really Cost in 2026?
Sample post · 6 min read
The industry average unit-turn cost sits around $3,872 — but that number hides a wide range. A light make-ready in a stable market can come in well under that. A full turn with flooring, paint, appliances, and a moderate renovation can push toward $25K–35K per unit.
Why the average misleads you
Averages flatten the variance that actually drives your budget. If 43% of your units turn annually, and your average turn costs more than the market average, your CapEx budget is underfunded before you start. The only way to know is to track your own money truth — project by project, dollar by dollar.
What drives the real number
- Scope: make-ready vs. full renovation vs. moderate renovation.
- Market: labor and material costs vary dramatically by region.
- Turnover rate: more turns, more capital, more variance.
- Vendor quality: the difference between a good quote and a bad one.
Know your number
Stop budgeting on someone else's average. Track every project's real cost, compare quotes, and build a forecast from your own data. That's the money truth — and it's exactly what TurnCap is built for.