Updated over 10 years ago on . Most recent reply
How long does your average tenant stay?
Just curious as to how long your average tenant stays. I know there are extremes, but on average are you seeing one year and they are gone or are you averaging something like 5 years. I'm in the $1250 range in a suburb so if you have experience in that range I'd love to hear it.
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Great question. I haven't run stats, but it would be an interesting exercise. Currently my longest term tenant is going into their 8th year. If I had to guess - it would be about a 3 year average Working on making it longer though! Mine is the SFH rental market.