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Rekeying your own locks is a low-cost task that prevents you from having to replace the locks themselves completely. The first couple of times you rekey a lock may be challenging because this is an intermediate DIY task. You can purchase a rekey kit from most hardware stores, but make sure you’re buying the kit from the brand of lock in your home that you’re going to rekey. 

The cost-effectiveness of fixing or replacing a door lock depends on the severity of the issue. Repairing a minor problem, such as loose screws or a need for lubrication, is usually cheaper than replacing the entire lock. However, replacing the lock if it is severely damaged, outdated, or lacks security features may be a better long-term investment. New locks often have improved security features, enhancing your property's safety.

There are many types of deadbolts, but these tips work on most. First, address any grime buildup. A bit of WD-40 will loose up rust and dirt so the deadbolt can turn. Inspect the door and frame alignment if this doesn't resolve the issue. Adjust the strike plate or the deadbolt's position to improve alignment. If the problem persists, disassemble the lock to inspect for damaged or worn parts. If you are unsure how to do it, hire a local locksmith.

A keypad deadbolt, a lock requiring a code entered on a keypad entry, can be a convenient option for families with children coming in and out and needing access to the home. It can also offer an easy solution if you rent your home out, since you can easily change the code as needed. So, depending on your home entry’s needs, a keypad deadbolt may be worth the extra expense.