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Property management fees
The headline percentage is the easy part. What separates a cheap rate card from an expensive one is the minimum fee floor, the vacancy treatment and the list of charges sitting underneath. Typical ranges are below.
The structures
A percentage of gross monthly rent collected is the common structure, and 8% to 12% is the range five separate cost surveys agree on. Around 10% is the usual midpoint in a larger metro.
Flat monthly fee per door runs roughly $130 to $350 and suits higher rents, because the fee stops scaling once the rent climbs. Tiered pricing and hybrid structures sit between the two.
Watch the minimum fee floor, written as something like 9% or $200 per month, whichever is higher. On a lower rent that floor is the real rate. Placement fees, markups and our own schedule sit alongside it.
Comparing two quotes
Rent actually received, or rent due whether it arrived or not. The difference is real money.
Some charge nothing while a unit is empty. Others keep billing the minimum fee floor.
Renewals, inspections and statements are sometimes included and sometimes each charged.
Early termination fee, automatic renewal clause, and whether notice is 60 or 90 days.
A worked example
On a unit renting at $2,500, 8% is $200 a month or $2,400 a year. At 10% it is $250 and $3,000. At 12% it is $300 and $3,600. Three independent sources publish that same arithmetic.
By service tier the ranges separate further: light touch 4% to 6%, standard 5% to 10%, full service 8% to 12%, and short-term rental management 15% to 25% because the workload is far higher.
These are typical ranges rather than quotes, and pricing depends on the unit, the building and the service level. See what our agreement includes, what the unit might earn, or ask for a schedule.
Cost pages
Each one broken out separately.
Fees, answered
The questions owners ask about the fee.
Fee quoted as a percentage with a minimum floor named up front. On my lower-rent unit that floor mattered and they told me before I signed.
They explained that vacancy months are not billed, which two other quotes buried in the contract. It was in the first email here.
The fee has not changed in three years. When the rent went up at renewal, the fee moved with it exactly as the percentage said.
What separated their quote was the list of what the fee included. Inspections and statements were in, not extras.
Comparing quotes
Figures shown are example ranges rather than quotes. Send us the unit and the rent and we will price it properly.
Ranges from 5 surveys · Add-ons listed · No quote without the details