No, quite the opposite. Smoke-free policies save you money. A unit where smoking is allowed can cost you two to six times as much to turn over as a smoke-free unit would cost. This translates to anywhere between $400 to $3,000 more than the average cost per turnover due to increased labor, paint, carpeting, laminate, and furniture replacement.
A smoke-free policy may also help save money on property casualty insurance and will most certainly reduce your risk of fire. According to the U.S. Centers for Disease Control and Prevention and the National Fire Protection Association, smoking-related fires are the number one cause of home fire deaths and one of the top causes of residential property damage.