Is It Cheaper to Rekey or Replace Locks?

Last updated: May 14, 2026

The honest comparison from a locksmith who does both every day. When rekeying saves money, when replacement is worth it, and how to decide.

Broad PAA May 18, 2026 By Darko Ezias
TL;DR - Quick Answer

Rekeying is cheaper - $45-$65 per lock vs $150-$400 for replacement. Rekey when locks work properly but key control is compromised. Replace when locks are damaged, outdated (Grade 3), or you want new features (smart locks, high-security).

A 3-door home rekey saves $300-$500 compared to replacement.

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Locksmith rekeying a lock cylinder showing the pin tumbler mechanism
Rekeying changes internal pins while keeping the existing lock hardware in place.

The Short Answer

Rekeying is almost always cheaper than replacing. A rekey costs $45-$65 per lock (after the first door service call fee). A new lock costs $150-$400 per lock installed.

For a 3-door home, rekeying saves $300-$500 compared to full replacement.

But cheaper isn't always better. Sometimes replacement is the right call. The decision depends on lock condition, security goals, and what you're trying to accomplish.

Cost Comparison: Rekey vs Replace

Rekeying Costs (Per Door)

  • First door (includes service call): $105-$155
  • Each additional door: $45-$65
  • High-security rekey (Medeco, Mul-T-Lock): $65-$125 per cylinder
  • Extra keys: $3-$8 each

Replacement Costs (Per Door)

  • Standard deadbolt (Kwikset, Schlage B60N): $150-$295 installed
  • Grade 1 commercial deadbolt (Schlage B660P): $295-$495 installed
  • Smart lock (Schlage Encode, Yale Assure): $295-$495 installed
  • High-security (Medeco Maxum): $495-$895 installed
  • Standard knob/lever (Schlage, Kwikset): $125-$250 installed

3-Door Home Comparison

OptionCost
Rekey 3 doors (standard)$195-$295
Replace 3 deadbolts (Schlage B60N)$450-$885
Replace 3 with smart locks (Encode)$885-$1,485
Savings from rekeying$305-$1,240
Port St. Lucie 24-hour locksmith service price guide
ServiceFlat-Rate CostAfter-Hours AddNotes
Residential lockout$89 - $150+$20 - $40Most common emergency call; under 30 min response in Port St. Lucie
Automotive lockout$89 - $150+$20 - $40Tools + common key blanks on-truck
Commercial lockout$125++$30 - $50Storefront, panic-bar, mortise hardware
Car key replacement$150++$30 - $50Cutting + transponder programming on-site
Rekey (per cylinder)$20 - $40n/aOften added to a lockout call same trip
Broken key extraction$75 - $125+$20 - $40Frequently paired with a rekey

All pricing quoted flat-rate before work begins. Florida-licensed, fully insured, written receipt provided.

When Rekeying Is the Right Choice

Locks are mechanically sound. If your locks turn smoothly, latch properly, and show no signs of wear or damage, there's no reason to replace hardware that works. Rekey changes the key access without touching the mechanical operation.

You like your existing hardware. If you chose your locks for their appearance, brand, or features and they still work well, rekeying lets you keep what you have while solving the key control problem.

Budget is a factor. For new home buyers who just spent hundreds of thousands on a house, spending $195-$295 on rekey versus $450-$1,500 on replacement is a significant difference. Rekey provides the security you need at the price you can absorb.

Frequent changes needed. Landlords who rekey between tenants benefit most from rekeying - doing it 1-2 times per year on the same locks. Replacing locks every tenant turnover would be wasteful.

Commercial applications. Commercial locks (Schlage L-series, Corbin Russwin, Sargent) cost $300-$900 each. Rekeying at $45-$65 per lock saves dramatically over replacement for office tenant turnover, employee changes, and periodic security rotation.

When Replacement Is the Right Choice

Locks are damaged or worn. If the key is hard to turn, the latch doesn't engage properly, the deadbolt sticks, or internal mechanisms are grinding, the lock needs replacement. Rekeying worn locks just gives you new keys to a failing lock.

Security upgrade needed. Grade 3 residential locks are the minimum standard - they're what builders install on new homes. If you want to upgrade to Grade 1 commercial or high-security (Medeco, Mul-T-Lock), you must replace. Rekeying doesn't change the lock's security grade.

Feature upgrade desired. Want smart lock functionality? Keypad access? Fingerprint entry?

Remote locking via app? These require new hardware - rekeying your existing deadbolt doesn't add electronic features.

Locks are very old. Locks over 20 years old may have internal corrosion (especially in coastal Florida), worn springs, and unavailable parts. Replacement gives you fresh hardware with full warranty and current security features.

Coastal corrosion. On the Treasure Coast - especially Jensen Beach, Hutchinson Island, Vero Beach beachside, and Fort Pierce North Beach - salt air corrodes lock internals. If the locksmith finds corrosion during rekey, replacement with PVD-coated or marine-grade hardware is the better investment.

Insurance or HOA requirements. Some insurance policies and HOAs require specific lock grades or brands. If your current hardware doesn't meet requirements, replacement is necessary.

The Real-World Decision Framework

Ask these questions in order:

  1. Do my locks work properly? If yes, rekey is likely sufficient. If no, replace.
  2. Am I happy with the security level? If yes, rekey. If you want higher security, replace with better hardware.
  3. Do I want new features? If no, rekey. If yes (smart lock, keypad, high-security), replace.
  4. Is the hardware in good cosmetic condition? If yes, rekey. If corroded, outdated, or ugly, replace.
  5. What's my budget? If tight, rekey solves the key control problem at 30-40% of replacement cost.

Most new home buyers answer "yes, yes, no, yes, tight" and rekeying is the clear winner. Most people upgrading from builder-grade to smart locks answer "yes, no, yes" and replacement is the right call.

Can You Mix Rekey and Replace?

Absolutely - and many Treasure Coast homeowners do. Common approach: replace the front door deadbolt with a smart lock (Schlage Encode for keypad convenience) and rekey the back door and garage-to-house door to match the smart lock's backup key. You get the smart features where they matter most (front door) and save money on the secondary doors.

This mixed approach typically costs $395-$545 for a 3-door home (one smart lock + two rekeys) versus $885-$1,485 for three smart locks. Smart where it counts, economical where it doesn't.

Treasure Coast Considerations

Coastal properties: If you're within 3 blocks of the ocean, your locks may have internal salt corrosion even if they look fine outside. Ask the locksmith to evaluate lock condition during rekey. If corrosion is found, replace with PVD-coated or marine-grade hardware rather than rekeying a corroding lock.

Planned communities (Tradition, St. Lucie West, Martin Downs): Builder-grade locks in newer communities are typically Grade 3 Kwikset or Defiant. These work but represent minimum security.

If you're rekeying anyway, consider upgrading at least the front door deadbolt to Grade 1 or smart lock at the same visit.

Historic homes (Downtown Stuart, Fort Pierce Second Street): Some older homes have vintage hardware worth preserving. Rekeying preserves the original hardware while updating security. If vintage locks are worn beyond service, consult about restoration rather than generic replacement.

New Schlage deadbolt being installed on a residential front door
Lock replacement gives you new hardware, new features, and fresh warranty coverage.

Related Services

Grade 1 commercial deadbolt next to Grade 3 residential deadbolt showing size difference
Upgrading from Grade 3 (left) to Grade 1 (right) requires replacement, not just rekeying.

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People Also Ask About This in Port St. Lucie

How much does it cost to rekey a lock in Port St. Lucie?

Rekeying a lock in Port St. Lucie costs $45 - $65 per lock after the initial service call fee of $105 - $155 for the first door. Treasure Coast Locksmith charges flat-rate pricing quoted before work begins, with typical response times under 30 minutes across Port St. Lucie. High-security rekeying (Medeco, Mul-T-Lock) runs $65 - $125 per cylinder. Additional keys cost $3 - $8 each. All work includes a written receipt and is performed by Florida-licensed, fully insured technicians.

Should I rekey or replace locks on the Treasure Coast?

Rekey if your locks work mechanically but you need key control (moved tenants, lost keys, or security concerns). Replace if locks are damaged, outdated Grade 3 hardware, or you want smart lock features. For a 3-door Treasure Coast home, rekeying saves $300 - $500 compared to full replacement. Treasure Coast Locksmith recommends inspection before deciding; damaged locks, weather-worn hardware, or security upgrades typically warrant replacement over rekeying.

What is the average locksmith cost for a residential lockout in Port St. Lucie?

A residential lockout in Port St. Lucie costs $89 - $150 flat-rate with typical response under 30 minutes. After-hours calls add $20 - $40. Treasure Coast Locksmith provides written pricing before work and includes service call fees in quoted rates. Commercial lockouts run $125 and up. All emergency calls are handled by Florida-licensed, fully insured technicians on mobile service throughout Port St. Lucie and surrounding areas.

How long does it take to rekey a lock in St. Lucie County?

Rekeying a single lock typically takes 15 - 30 minutes once Treasure Coast Locksmith arrives at your St. Lucie County location. Service call response time averages under 30 minutes in Port St. Lucie and extends slightly in outlying St. Lucie County areas. Multiple doors (3 - 4) usually complete in one visit within an hour. Rekeying is faster than replacement since existing hardware remains; no removal, reinstallation, or frame adjustment needed.

Can I rekey a smart lock or high-security lock in Florida?

Yes, high-security locks like Medeco and Mul-T-Lock can be rekeyed in Florida, costing $65 - $125 per cylinder with Treasure Coast Locksmith. Smart locks (Schlage Encode, Yale Assure) cannot be rekeyed; they must be replaced ($295 - $495 installed) because key pins don't exist. If you want keyless access with an existing lock system, replacement is necessary. Treasure Coast Locksmith handles both rekeying and smart lock installation across Florida.

What should I do if my key breaks inside the lock in Treasure Coast?

Broken key extraction costs $75 - $125 with Treasure Coast Locksmith, often paired with a rekey ($45 - $65) in the same service call. Do not attempt removal yourself; forcing extraction damages lock pins. Treasure Coast Locksmith recommends rekeying after extraction to ensure key compatibility and prevent future breakage. After-hours extraction adds $20 - $40. All work is flat-rate quoted before beginning, with Florida-licensed technicians responding under 30 minutes in Port St. Lucie.

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For non-urgent inquiries. Need help now? Call (772) 758-1322 Licensed recommends rekeying all exterior locks within 7 days of property acquisition. The National Association of Realtors notes previous owners retain an average of 3-5 key copies.

Rekey or replace? We'll help you decide.

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