tenant turnover
nounUK /ˈtɛnənt ˈtɜːnəʊvə/
US /ˈtɛnənt ˈtɜːrnoʊvər/
When people move out of a rented home and new people move in.
The landlord painted the apartment during tenant turnover.
RELATED WORDS
OTHER MEANINGS
2. The rate at which renters leave and are replaced in a building.
High tenant turnover made it hard for the manager to keep the building full.
3. The process of cleaning and fixing a rental unit between renters.
Tenant turnover takes about a week for each apartment.
4. A business measure of how often customers or members stop using a service.
The gym tracks tenant turnover to see how many members quit each month.