Tenant eviction cost calculator

Enter your rent to see what one eviction could cost you, with and without Rent Guarantee.

How much could one tenant eviction cost you?

Adjust the slider or enter your rent. Figures update based on one rental property.

0 $2,500 $5,000 $7,500 $10,000

What one eviction could cost without Rent Guarantee

Missed rent (10 months)$25,000
Legal fees$500
Filing costs$1,000
Property damage$2,000
Total eviction costs$28,500

Cost of protecting your rental income with Rent Guarantee

Monthly fee

$125

Annual fee

$1,500

Estimated at 5% of monthly rent, per property. Have more than one property? Request a Quote for your portfolio.

What one eviction could cost with Rent Guarantee

Missed rent (covered up to 12 months or $60,000)$0
Legal and filing costs (covered up to $2,000 combined)$0
Property damage (covered up to $10,000)$0
Total eviction costs$0

Estimated eligible costs remaining, before Rent Guarantee fees. This example assumes all listed losses qualify under the program terms. Actual reimbursement depends on the individual claim.

Eviction costs without Rent Guarantee

$28,500

Eviction costs with Rent Guarantee

$0

*Before $1,500/yr in Rent Guarantee fees

10 years of Rent Guarantee costs less than one eviction

Rent Guarantee fees for one property vs. the cost of a single eviction.

1 year
2 years
5 years
10 years
Rent Guarantee fees paid One eviction without Rent Guarantee

Estimates depend on eligibility, coverage limits and program terms.

What this means for you

One tenant default could cost $28,500 in missed rent, legal fees, filing costs and property damage. With Rent Guarantee, eligible losses may be reimbursed, helping reduce what you pay out of pocket.

Request a quote

How can Rent Guarantee help protect your rental property?

Rent Guarantee helps cover eligible missed rent, legal expenses and property damage, with support when a tenant defaults.

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Protect against lost rental income

Get reimbursed for eligible missed rent, up to 12 months or $60,000 per lease, when a tenant defaults.

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Get support through an eviction

Access support from SingleKey’s paralegal team, with eligible legal, filing and sheriff fees reimbursed within a shared $2,000 limit.

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Help cover tenant-caused damage

Get up to $10,000 reimbursed for qualifying malicious property damage when applicable program requirements are met.

How Rent Guarantee works

Getting started with Rent Guarantee is straightforward. Here’s how Rent Guarantee works from requesting a quote to getting support if rent stops.

1

Request a quote

Share your property details and our team will give you a free quote to review.

2

Activate your coverage

Review your quote with our team, ask any questions, and sign the agreement to activate your Rent Guarantee coverage.

3

Get support if rent stops

Report missed rent to our team for support with eligible reimbursements during an eviction or lease break. Request a quote

Hear from Rent Guarantee customers

Real case studies. Real protection. Real results.

Chicago property manager recovers $24,250 in lost rent

Property Manager, 25 rental units

$7,964

Total rent recovered from tenant

$16,286

Lost rent and legal fees reimbursed

$24,250

Total losses prevented

Pickering Landlord avoids $29,200 in losses during eviction process

Landlord, 2 rental units

$13,250

Missed rent recovered

$15,950

Lost rent and legal fees reimbursed

$29,200

Total losses prevented

Yarker Landlord avoids $13,867 in losses during eviction process

Landlord, 2 rental units

$12,325

Total rent recovered from tenant

$1,542

Lost rent and legal fees reimbursed

$13,867

Total losses prevented

FAQ's

The costs of an eviction depend on where your property is and whether you prepare and deliver the notice yourself or hire someone to help. Costs may include legal help and document delivery. Giving an eviction notice is separate from filing an eviction case, which may involve additional fees.

The calculator estimates Rent Guarantee at 5% of your monthly rent, so you can see how the cost adds up over time. Your actual price may depend on your province and payment option, and you can get a quote to see what coverage would cost for your rental.

If your tenant stops paying rent, Rent Guarantee can reimburse eligible missed payments for up to 12 months or $60,000 per lease, depending on the program terms.

Eviction filing fees vary by province, state and local court or tribunal. The amount may also depend on the application and how much unpaid rent you’re claiming. Check the fee schedule for your property’s location. Legal help, document delivery and enforcement may cost extra.

Rent Guarantee can help cover eligible legal, paralegal, filing and sheriff fees within a shared $2,000 limit and qualifying tenant-caused malicious property damage up to $10,000, although the amount you can claim will depend on your coverage and the program requirements.

The calculator shows the cost for one property. Rent Guarantee is priced per property, so if you have more than one rental, get a quote from our team to see what coverage would cost across your portfolio.

As a Rent Guarantee customer you should document the missed payments thoroughly, and immediately contact SingleKey. The team can explain how to report missed payments, and what information you’ll need for a claim. They’ll guide you through the next steps and review the claim against the program requirements.

That depends on your claim and the applicable program terms; however, reimbursements are scheduled during the eviction or lease-break process, not only after it. Our team can walk you through the reimbursement process and explain what timing to expect for your situation.

SingleKey offers eviction-related support, including access to its paralegal team, but the help available will depend on your coverage and the program terms.

Yes. Rent Guarantee has eligibility requirements, coverage limits and exclusions, so it’s worth reviewing the terms for your property before buying to understand which situations and expenses are covered.

The calculator provides an illustrative estimate for one property. Request a quote from our team to confirm pricing, eligibility and coverage for your property and province.

Use the calculator as an illustration, then request a quote from our team for your property’s location. Pricing, eligibility and coverage depend on the applicable program terms; the example does not confirm coverage for a specific U.S. property.

The costs of an eviction depend on where your property is and whether you prepare and deliver the notice yourself or hire someone to help. Costs may include legal help and document delivery. Giving an eviction notice is separate from filing an eviction case, which may involve additional fees.

The calculator estimates Rent Guarantee at 5% of your monthly rent, so you can see how the cost adds up over time. Your actual price may depend on your province and payment option, and you can get a quote to see what coverage would cost for your rental.

If your tenant stops paying rent, Rent Guarantee can reimburse eligible missed payments for up to 12 months or $60,000 per lease, depending on the program terms.

Eviction filing fees vary by province, state and local court or tribunal. The amount may also depend on the application and how much unpaid rent you’re claiming. Check the fee schedule for your property’s location. Legal help, document delivery and enforcement may cost extra.

Rent Guarantee can help cover eligible legal, paralegal, filing and sheriff fees within a shared $2,000 limit and qualifying tenant-caused malicious property damage up to $10,000, although the amount you can claim will depend on your coverage and the program requirements.

The calculator shows the cost for one property. Rent Guarantee is priced per property, so if you have more than one rental, get a quote from our team to see what coverage would cost across your portfolio.

As a Rent Guarantee customer you should document the missed payments thoroughly, and immediately contact SingleKey. The team can explain how to report missed payments, and what information you’ll need for a claim. They’ll guide you through the next steps and review the claim against the program requirements.

That depends on your claim and the applicable program terms; however, reimbursements are scheduled during the eviction or lease-break process, not only after it. Our team can walk you through the reimbursement process and explain what timing to expect for your situation.

SingleKey offers eviction-related support, including access to its paralegal team, but the help available will depend on your coverage and the program terms.

Yes. Rent Guarantee has eligibility requirements, coverage limits and exclusions, so it’s worth reviewing the terms for your property before buying to understand which situations and expenses are covered.

The calculator provides an illustrative estimate for one property. Request a quote from our team to confirm pricing, eligibility and coverage for your property and province.

Use the calculator as an illustration, then request a quote from our team for your property’s location. Pricing, eligibility and coverage depend on the applicable program terms; the example does not confirm coverage for a specific U.S. property.

Tenant Eviction
Cost Calculator

Evictions are difficult for everyone involved, but it’s something you need to be prepared for as a landlord. From tenant mediation to eviction, SingleKey can help make sure you’re prepared – every step of the way. That’s why we offer Rent Guarantee, to help alleviate the financial and mental stress a tenant eviction can create.

Let Us Crunch The Numbers

How much does an eviction cost?
Let’s find out.

We just need a little bit of rental information from you to help you figure out the cost of a difficult eviction.

What we do

Tenant screening

Fast and easy tenant screening that goes beyond credit scores to include a criminal background checks, social media scans, employment history, income information and more.

Automatic rent collection

No more late payments! Rent is paid by pre-authorized debit, a faster and safer way than cheques or interact transfers.

Guaranteed rental income

You get paid even when tenants miss their rent payments – for up to 12 months or until the situation is resolved.

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Protect your investment with
Rent Guarantee

Helping you take the risk out renting is what we do. The SingleKey Rent Guarantee is re-insured by Lloyd’s Canada. The guarantee covers you for up to 12 months or $60,000 of missed payments, $10,000 in property damage, and any paralegal costs incurred during the tenant eviction process.

Get a quote

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