Multifamily PPC · Lease-up & stabilized

Nearly lower cost per lease
than ILS advertising*

Stop paying aggregators to sell you leads from searches your own ads can win. Founder-led Google & Meta Ads for developers, owners, and operators — boutique structure, no layers of management padding your fees, multi-millions in annual multifamily spend under management.

Cost per leaseIllustrative — we'll run your numbers
ILS lead packages
$$$
Direct PPC with Jamesday
nearly 3× less
*Based on client account performance vs. typical ILS contract costs; varies by market. Book an audit and we'll show you the math on your portfolio.
Multi-millionsAnnual ad spend managed
~$200Avg. cost per lease
Same dayResponse time
14+ yrs paid media experience Fair housing compliant You own your ad accounts
The problem

Stop renting your renters back from the ILS

Apartments.com alone spends millions per month on Google Ads to intercept renters searching for communities like yours — then sells those leads back to you. Every search your community doesn't win, an aggregator does. Owning your own paid search means prospects land on your website, tour your property, and the lead, the data, and the relationship belong to you — at a lower true cost per lease.

Do the math

What switching actually saves you

Drag the sliders to your portfolio. Compares our trailing 365-day client average against the national multifamily benchmark.

Portfolio savings calculator Interactive
10
160
$2,000
$500$8,000
Estimated annual savings with Jamesday $228,320 or ~1,142 more leases per year on the same budget
National avg. cost per lease (ILS) ~$588
Jamesday avg. cost per lease ~$200

*Based on our trailing 365-day client average of ~$200 cost per lease vs. a ~$588 ILS industry average per Yardi/RentCafe. Actual results vary by market and asset class. Book an audit and we'll run your real numbers.

Full asset lifecycle

The right strategy for every phase of your asset

Budgets, bids, and messaging that match where each community actually is — not a one-size-fits-all package.

Phase 1 · Pre-lease & lease-up

Launch with demand already warm

Campaigns live 60–90 days before first move-ins so awareness and retargeting pools build before units come online.

  • Broad-match discovery to map real search demand
  • Brand defense before competitors bid on your name
  • Meta awareness + interest-list growth
  • Velocity-based budget pacing to hit absorption targets
Phase 2 · Stabilization

Efficiency takes over from volume

As occupancy climbs, we tighten the funnel: exact-match terms, negative keyword discipline, and spend that follows floor-plan availability.

  • Cost-per-lease optimization by floor plan
  • Dynamic budget shifts as availability changes
  • Geo and audience refinement
  • Conversion tracking tuned to tours & applications
Phase 3 · Stabilized operations

Protect occupancy at minimum spend

Stabilized assets shouldn't burn lease-up budgets. We hold occupancy with surgical spend — and scale back up instantly when exposure spikes.

  • Always-on brand protection at low cost
  • Rapid-response campaigns for sudden vacancy
  • Portfolio-level budget reallocation
  • Renewal-season Meta retargeting
Drag to explore

What we’re doing at every stage of your lease-up

Most agencies run the same playbook all year. We don’t. Drag the slider from pre-leasing to stabilization and watch the strategy change.

Pre-Leasing · Day -90

Brand and broad-match search go live before the leasing office opens. We map real renter demand and start building retargeting pools, so the market already knows your name on day one.

Day -90Day -45Move-InRampStabilized
AwarenessPrimary goal
BroadMatch strategy
Scaling upBudget posture
Case study · Top 50 National Operator

A Top 50 operator’s entire portfolio. One growth engine.

A multi-year partnership spanning aggressive lease-up launches and efficient stabilized assets across multiple markets — MCC-level account architecture, portfolio budget reallocation, and reporting their leadership actually uses.

As the portfolio scaled from 8 to 33 communities, we moved spend to the properties that needed exposure most each month and pulled back on the ones already leasing well. Cost per lease landed at nearly a third of the prior agency’s, management fees came down roughly 35%, and they kept full ownership of every ad account.

Read the full case study Book a free audit
~3×Lower cost per lease vs. prior multifamily agency
35%Cost savings in management fees
$1M+Annual ad spend managed
Cost efficiency

What it actually costs
to fill a unit.

The most important metric in multifamily paid media isn't click volume — it's cost per qualified lead and cost per lease. These are the numbers that decide whether a paid media program is generating real ROI or just activity.

Cost per qualified lead · Paid Ads
~$30 vs. industry avg ~$100 Industry benchmark
About 70% below industry average 19,050 qualified leads — tour requests, calls, chat, contact forms & lease applications.
Cost per lease
~$200 vs. ILS industry avg ~$588 Yardi / RentCafe
Roughly 3× lower than the ILS average Based on a multifamily-standard lead-to-lease conversion rate applied to real account data.
Traditional ILS ~$588/lease National ILS benchmark
Avg PPC agency ~$400/lease Typical agency-managed
Jamesday Digital ~$200/lease Multifamily-specialized

Cost per lease is based on a multifamily-standard PPC lead-to-lease conversion rate applied to real account data. The ~$588 ILS average is per Yardi/RentCafe. Actual cost per lease varies by market, price point, and property. Cost per qualified lead is drawn directly from ad account data.

ILS vs. paid media

Why operators are moving
away from ILS advertising.

Traditional ILS advertising

No audience targeting. Your listing appears to anyone browsing — qualified or not. No control over income level, renter intent, or location.

Flat monthly fee regardless of results. You pay $400–$1,500/month per property whether you get 1 lead or 100.

Competing on the same page as your competitors. A renter searching an aggregator sees your property next to 10 others in the same submarket.

No performance data. ILS platforms provide minimal analytics. You can't optimize, test, or improve what you can't measure.

~$588 avg cost per lease National ILS benchmark · Yardi/RentCafe
Why operators switch to us

What the big multifamily platforms won't tell you

Lock-in

You own everything. Always.

The big multifamily marketing platforms run your campaigns inside their proprietary systems. Leave, and your campaign history, audiences, and data leave with them. We build inside ad accounts you own — every dollar of learning stays yours, forever.

Layers

Your portfolio isn't a ticket number

At a 1,000-property platform, your community is a row in a queue. Here, every account is founder-managed by someone who ran multifamily digital in-house. Concession changed? Exposure spiked? You get a same-day pivot, not a support ticket.

Bundles

Pay for performance, not packages

No forced website platform, no mandatory chatbot, no bundle of tools you didn't ask for. We plug into your existing stack — your PMS, your website provider, your attribution — and make the paid media itself outperform.

What mattersJamesday DigitalBig multifamily platforms
Who runs your account The founder, every accountRotating account coordinators
Ad account ownership Yours — full history & dataOften platform-owned
Contract structure Flexible, performance-earnedBundled platform contracts
Budget changes & pivots Same-dayRequest queues
Reporting Custom, in your GA4 & dashboardsTheir portal, their metrics
Fee structure Lean boutique — no management layers in your billBig-agency overhead baked into pricing
Multifamily operating experience In-house multifamily backgroundVaries by account team
Multifamily PPC, answered

Questions operators ask us

What is multifamily PPC, exactly?

Paid search and social advertising — primarily Google Ads and Meta Ads — that puts your community in front of renters actively searching in your market, driving tours and leases directly to your property website instead of through internet listing services.

How is this different from just listing on Apartments.com?

ILS platforms spend millions on Google Ads to capture renter searches, then sell those leads back to you. Running your own PPC bypasses the aggregator: your community ranks at the top of the search results, prospects land on your site, and you own the lead and the data — typically at a lower true cost per lease.

When should a lease-up start advertising?

Ideally 60–90 days before first move-ins. Early search and brand campaigns build awareness and a retargeting pool, so demand is warm the day units come online — which compresses the overall lease-up timeline.

Do we keep our accounts and data if we ever leave?

Yes — everything is built in ad accounts you own. Campaign history, conversion data, audiences: all of it stays with you. No proprietary platform, no lock-in. We think that's exactly why clients stay.

Can you manage an entire portfolio?

That's our specialty. We run MCC-level account architecture managing multi-millions in annual multifamily spend — including the entire portfolio of a Top 50 national operator — with portfolio-wide budget reallocation, so spend flows to the communities that need exposure most each month.

Get a free audit of one community's ad account

Pick your toughest property. We'll review the account, show you where spend is leaking, and what we'd do in the first 30 days — no charge, no obligation, and you keep the findings either way.

Book your free audit Founder-led. Multifamily-fluent. Zero lock-in.