Market Data

Property management fees.

A transparent guide to what property management actually costs — by asset class, plus the hidden fees (markup, leasing, admin, tech) that quietly compress net-to-owner. Connect with managers who price clearly and report monthly.

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01

Standard rates: SFR 8-12%, multifamily 6-10%, vacation 20-40%, HOA per-door, commercial 3-6%.

02

What's included: collection, accounting, maintenance coordination, communication.

03

Billed separately: leasing, renewals, evictions, project oversight, inspections.

04

Hidden fees: vendor markup, admin/tech fees, vacancy fees, ACH fees.

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Frequently asked questions

What do property managers typically charge?
Single-family long-term rentals: 8-12% of monthly rent plus a leasing fee (half-month to full-month rent). Small multifamily: 6-10%. Vacation/short-term rentals: 20-40% of gross revenue. HOA management: per-door monthly fee ($10-$25). Commercial: 3-6% of gross collections.
What's included in a standard management fee?
Rent collection, tenant communication, maintenance coordination, monthly accounting, and statement delivery. Leasing, lease renewal, eviction handling, and major project oversight are usually billed separately. Read the management agreement line by line.
What hidden fees should I watch for?
Markup on maintenance vendor invoices (often 10-20%), 'admin' or 'technology' fees, vacancy fees, lease-renewal fees, inspection fees, and ACH transfer fees. A transparent manager itemizes everything in writing — no surprises on the monthly statement.
Are higher fees worth it?
Sometimes. A 10% manager who fills vacancies in 14 days, screens hard, and keeps maintenance markups honest will outperform an 8% manager with 45-day vacancies and inflated repair bills. Evaluate net-to-owner, not headline rate.