12 Most Important PropTech KPIs


The top KPIs in the PropTech industry are essential for measuring technological innovation, market adoption, and financial performance. Innovation-related metrics, such as development cycle time, feature adoption rates, and technology scalability, provide insights into the effectiveness and advancement of PropTech solutions.

Market-related KPIs, including user growth, market share, and customer engagement rates, help gauge the acceptance and competitiveness of PropTech products.

This article showcases the Most Critical 12 KPIs for PropTech and Associated Benchmarks.

1. Occupancy Rate

Occupancy Rate is a critical metric that gauges the efficiency of space utilization within an organization.

High occupancy rates often correlate with improved operational efficiency and enhanced financial health, leading to better ROI metrics. Conversely, low rates may indicate underutilized assets, negatively impacting profitability.

This KPI serves as a leading indicator for strategic alignment with market demand and operational capacity. Learn more about the Occupancy Rate KPI.

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We have 2 benchmarks for this KPI available in our database.

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What is the standard formula?
(Occupied Units / Total Available Units) * 100


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2. Vacancy Rate

Vacancy Rate is a critical KPI that reflects the proportion of unoccupied space within a property portfolio.

It directly influences financial health, operational efficiency, and revenue generation. High vacancy rates can indicate poor market demand or ineffective management strategies, leading to lost income and increased costs.

Conversely, low vacancy rates suggest strong demand and effective property management, enhancing ROI metrics. Learn more about the Vacancy Rate KPI.

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What is the standard formula?
(Unoccupied Units / Total Available Units) * 100


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3. Lease Renewal Rate

Lease Renewal Rate is a critical KPI that reflects tenant retention and operational efficiency.

High renewal rates indicate strong customer satisfaction and effective property management, leading to increased revenue stability. Conversely, low rates can signal dissatisfaction or market misalignment, impacting financial health.

This metric directly influences cash flow and ROI metrics, as retaining existing tenants is often more cost-effective than acquiring new ones. Learn more about the Lease Renewal Rate KPI.

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What is the standard formula?
(Leases Renewed / Total Leases Up for Renewal) * 100


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4. Total Revenue

Total Revenue is a critical KPI that reflects a company's financial health and operational efficiency.

It directly influences cash flow, profitability, and investment capacity. Monitoring this metric enables organizations to make data-driven decisions that align with strategic goals.

A strong revenue figure often correlates with improved ROI metrics and enhanced stakeholder confidence. Learn more about the Total Revenue KPI.

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What is the standard formula?
Sum of All Sources of Revenue


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5. Debt Service Coverage Ratio (DSCR)

Debt Service Coverage Ratio (DSCR) is a critical financial ratio that measures a company's ability to service its debt obligations.

It directly influences cash flow management, operational efficiency, and overall financial health. A higher DSCR indicates a stronger capacity to meet debt payments, which can enhance creditworthiness and lower borrowing costs.

Conversely, a low DSCR may signal potential liquidity issues, prompting management to reassess financial strategies. Learn more about the Debt Service Coverage Ratio (DSCR) KPI.

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We have 4 benchmarks for this KPI available in our database.

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6. Operating Expense Ratio

Operating Expense Ratio (OER) is a crucial KPI that reflects the efficiency of a company's cost management relative to its revenue.

A lower OER indicates better operational efficiency, allowing firms to allocate resources more effectively and enhance profitability. This metric directly influences financial health, cost control, and strategic alignment.

Companies that actively monitor and improve their OER can achieve significant business outcomes, such as increased ROI and improved cash flow. Learn more about the Operating Expense Ratio KPI.

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We have 7 benchmarks for this KPI available in our database.

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What is the standard formula?
Total Operating Expenses / Gross Income


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7. Customer Satisfaction Score (CSAT)

Customer Satisfaction Score (CSAT) is a critical performance indicator that gauges customer perceptions of service quality.

High CSAT scores correlate with customer loyalty, repeat purchases, and positive word-of-mouth, directly impacting revenue growth. Organizations that prioritize CSAT can enhance operational efficiency and drive strategic alignment across departments.

By embedding CSAT into their KPI framework, executives can make data-driven decisions that improve customer experiences. Learn more about the Customer Satisfaction Score (CSAT) KPI.

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We have 7 benchmarks for this KPI available in our database.

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8. Churn Rate

Churn Rate is a critical KPI that reflects customer retention and satisfaction, directly influencing revenue stability and growth.

High churn rates can indicate underlying issues in product quality or customer service, which may lead to increased acquisition costs. Organizations that effectively monitor and manage churn can enhance their financial health, optimize operational efficiency, and improve ROI metrics.

By leveraging data-driven decision-making, businesses can identify trends and implement strategies to reduce churn, ultimately aligning with broader strategic goals. Learn more about the Churn Rate KPI.

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We have 4 benchmarks for this KPI available in our database.

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9. Emergency Response Time

Emergency Response Time is a critical performance indicator that reflects how swiftly an organization reacts to emergencies, directly influencing operational efficiency and customer satisfaction.

A shorter response time can enhance service delivery, leading to improved customer loyalty and retention. Conversely, delays can escalate risks, resulting in financial losses and reputational damage.

Organizations that prioritize this KPI often see better resource allocation and strategic alignment across departments. Learn more about the Emergency Response Time KPI.

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We have 15 benchmarks for this KPI available in our database.

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10. Maintenance Response Time

Maintenance Response Time is a critical KPI that gauges how swiftly organizations address equipment failures and service requests.

Efficient response times can significantly enhance operational efficiency, reduce downtime, and improve customer satisfaction. By tracking this metric, businesses can identify areas for improvement, optimize resource allocation, and align maintenance strategies with overall business objectives.

A focus on this KPI can lead to better forecasting accuracy and ultimately drive ROI. Learn more about the Maintenance Response Time KPI.

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What is the standard formula?
Total Response Time / Number of Requests


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11. Sustainability Index

The Sustainability Index serves as a critical performance indicator for organizations aiming to align with environmental, social, and governance (ESG) goals.

It directly influences business outcomes like operational efficiency, brand reputation, and regulatory compliance. By tracking this KPI, executives gain analytical insight into sustainability efforts, enabling data-driven decision-making.

High scores can signal robust sustainability practices, while low scores may indicate potential risks or inefficiencies. Learn more about the Sustainability Index KPI.

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We have 4 benchmarks for this KPI available in our database.

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12. Renewable Energy Utilization

Renewable Energy Utilization is a critical KPI that gauges the proportion of energy sourced from renewable resources, influencing financial health and operational efficiency.

As organizations strive for sustainability, this metric directly impacts cost control and enhances brand reputation. High utilization rates can lead to reduced energy costs and improved ROI metrics.

Companies that excel in this area often see better strategic alignment with regulatory frameworks and consumer expectations. Learn more about the Renewable Energy Utilization KPI.

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We have 1 benchmark for this KPI available in our database.

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These 12 PropTech KPIs were selected from the KPI Depot database to balance financial, operational, and tenant experience metrics. They span leading indicators like Lease Renewal Rate and Emergency Response Time, alongside lagging financial outcomes such as Total Revenue and Debt Service Coverage Ratio. This subset provides a comprehensive view of asset performance, tenant retention, and sustainability within PropTech portfolios.

Track Occupancy Rate alongside Vacancy Rate to diagnose market demand shifts—rising vacancy with flat occupancy signals data inconsistencies or reporting lag. Monitor Lease Renewal Rate against Churn Rate; divergence indicates tenant satisfaction or contract management issues. Debt Service Coverage Ratio correlates with Operating Expense Ratio—worsening DSCR with rising expenses flags cash flow risks requiring cost controls or revenue optimization.

Prioritize Occupancy Rate and Lease Renewal Rate first, as these KPIs are readily available and directly impact revenue stability. Add Debt Service Coverage Ratio next to assess financial health and debt capacity. These three provide immediate diagnostic power and guide operational adjustments. The full PropTech KPI set, including advanced sustainability and maintenance metrics, is accessible in the KPI Depot database.

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Related Best Practices


These best practice documents below are available for individual purchase from Flevy , the largest knowledge base of business frameworks, templates, and financial models available online.


KPI Depot (formerly the Flevy KPI Library) is a comprehensive, fully searchable database of over 20,000+ KPIs and 30,000+ benchmarks. Each KPI is documented with 12 practical attributes that take you from definition to real-world application (definition, business insights, measurement approach, formula, trend analysis, diagnostics, tips, visualization ideas, risk warnings, tools & tech, integration points, and change impact).

KPI categories span every major corporate function and more than 150+ industries, giving executives, analysts, and consultants an instant, plug-and-play reference for building scorecards, dashboards, and data-driven strategies.

Our team is constantly expanding our KPI database and benchmarks database.

Got a question? Email us at support@kpidepot.com.



Each KPI in our knowledge base includes 12 attributes.

KPI Definition

A clear explanation of what the KPI measures

Potential Business Insights

The typical business insights we expect to gain through the tracking of this KPI

Measurement Approach

An outline of the approach or process followed to measure this KPI

Standard Formula

The standard formula organizations use to calculate this KPI

Trend Analysis

Insights into how the KPI tends to evolve over time and what trends could indicate positive or negative performance shifts

Diagnostic Questions

Questions to ask to better understand your current position is for the KPI and how it can improve

Actionable Tips

Practical, actionable tips for improving the KPI, which might involve operational changes, strategic shifts, or tactical actions

Visualization Suggestions

Recommended charts or graphs that best represent the trends and patterns around the KPI for more effective reporting and decision-making

Risk Warnings

Potential risks or warnings signs that could indicate underlying issues that require immediate attention

Tools & Technologies

Suggested tools, technologies, and software that can help in tracking and analyzing the KPI more effectively

Integration Points

How the KPI can be integrated with other business systems and processes for holistic strategic performance management

Change Impact

Explanation of how changes in the KPI can impact other KPIs and what kind of changes can be expected


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