How Much Does Property Management Cost?
The Real Cost — and What You're Actually Paying For
Property management fees vary, but the right question isn't "how much?" — it's "what do I get for it?" This guide walks through typical fee structures, what's actually included, and how to compare companies.
Typical Fee Structures
Most property management companies charge a percentage of monthly rent collected — typically ranging from 7% to 12% for single-family homes, with leasing fees, renewal fees, and ancillary costs layered on top.
- Monthly management fee — 7% to 12% of collected rent
- Leasing fee — half to one full month's rent (one-time per new tenant)
- Renewal fee — typically a flat fee
- Maintenance markup — varies by company
- Setup or onboarding fees — varies
What You're Actually Paying For
A property management fee is not just for collecting rent. Here's what's typically bundled in:
- Marketing and leasing to minimize vacancy
- Tenant screening to reduce risk
- Rent collection to maintain consistent income
- Maintenance coordination to protect the property
- Financial reporting to keep you informed
- Compliance to avoid legal mistakes
The Real ROI
A property manager often pays for themselves through faster leasing, lower turnover, better tenants, and avoided mistakes. The question isn't whether management costs money — it's whether self-managing costs you more in the long run.
How to Compare Companies
- Ask for the full fee schedule, not just the management percentage
- Compare what's included vs. what's extra
- Look at guarantees and contract flexibility
- Check reviews and operational track record
See Our Pricing
We believe pricing should be clear. See our full pricing breakdown and compare it to what you get with other companies.