The cost to break a lease typically ranges from about two to four months' rent, as outlined in most lease agreements
. This cost can take several forms:
- Early termination fee: A fixed fee often equivalent to 2–4 months of rent, designed to compensate the landlord for lost income and costs associated with finding a new tenant
- Lease buyout: Paying the full rent for the remaining lease term, which can be substantial if many months remain
- Additional fees: These may include costs for cleaning, repairs, utilities, advertising for a new tenant, and reletting fees
In some cases, tenants pay rent until a new tenant is found, which can vary in duration and cost
. The exact amount depends on the lease terms, local laws, and landlord policies. For example, one tenant reported paying a buyout fee plus a reletting charge plus rent for a 60-day notice period, totaling several thousand dollars
. Some jurisdictions have specific rules limiting break fees. For instance, in New South Wales, Australia, break fees are set by law and decrease the longer the tenant has occupied the property, ranging from 4 weeks’ rent early on to 1 week’s rent if most of the lease term has passed
. In summary, breaking a lease can cost anywhere from a few weeks’ rent up to the full remaining rent owed, plus possible additional fees, depending on the lease agreement and local regulations
. Tenants should carefully review their lease terms and negotiate with landlords when possible to minimize costs.
