Property Management Fee Calculator
Estimate what property management should cost based on your property type, location, and the services you need.
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Understanding Property Management Fees
Percentage-Based vs Flat Rate
Most property management companies charge either a percentage of monthly rent (typically 8-12% for residential) or a flat monthly fee per unit. Percentage-based fees scale with rent increases but can be more expensive for higher-rent properties. Flat fees provide predictability and are often better for premium properties.
Common Additional Fees
Beyond the monthly management fee, most companies charge separately for tenant placement (50-100% of first month's rent), lease renewals ($150-$300), eviction management ($200-$500+), and property inspections ($75-$150). Always ask for a complete fee schedule before signing a management agreement.
Factors That Affect Pricing
Location is the biggest factor - high-cost markets like NYC and SF command higher fees. Property type matters too: commercial properties often have lower percentage fees but higher flat fees due to complexity. Portfolio size also impacts pricing - managing 10+ units often qualifies for volume discounts.