Hiring a property manager can be one of the best decisions a property owner makes, but a common question that often arises is: how much do property managers charge? Understanding the cost of property management is crucial for budgeting, maximizing ROI, and avoiding unexpected expenses. In this post, we break down average property management fees, explore additional costs you might encounter, and help you understand what influences pricing so you can make an informed choice.

One of the first things real estate investors or landlords want to know is the average cost of hiring a property manager. While fees vary depending on location, property type, and services offered, most property managers charge:

• Monthly management fee: Typically ranges from 8% to 12% of the monthly rental income.
• Flat fee structure: Some property managers opt for a flat fee (e.g., $100–$200/month), especially for smaller or single-unit properties.

For example, if your property earns $2,000 in monthly rent and the property manager charges 10%, you’ll pay $200 monthly for their services.

Keep in mind, these fees usually cover day-to-day operations such as rent collection, handling maintenance issues, and tenant communication.

Beyond the base monthly management fee, there are several additional fees that may appear in a property management contract. These include:

1. Leasing Fee: Charged when a new tenant is placed. This fee typically equals one month’s rent or 50% of it and covers advertising, showing the property, screening tenants, and preparing lease agreements.
2. Lease Renewal Fee: Some companies charge a small fee ($100–$200) to renew a tenant’s lease, especially if they need to renegotiate terms or conduct an inspection.
3. Maintenance Markups: Some property managers add a percentage (e.g., 10%) to maintenance or repair bills for coordinating the work.
4. Eviction Fee: In case of eviction, a fee may be charged for handling legal filings, attending court, and managing the process. These range from $200 to $500, excluding court costs.
5. Setup Fee: A one-time administrative fee ($250–$500) for onboarding your property and creating tenant/owner portals.
6. Vacancy Fee: While less common, some firms charge a fee when a unit is vacant to cover inspection or marketing costs.

Understanding these common fees in advance helps avoid surprises and provides clarity when comparing services.

The cost of property management isn’t universal—it depends on several key factors:

1. Property Type & Size
   Larger buildings with more units typically require more oversight and command higher fees. Commercial properties also tend to have higher rates than residential.
2. Property Location
   Urban areas with high demand for rentals often feature more competitive pricing. However, management in remote or low-demand regions might be more expensive due to travel or limited service availability.
3. Condition of the Property
   Older buildings or properties with frequent maintenance issues might require more attention and justify higher management fees.
4. Scope of Services
   Some managers offer basic packages (rent collection, tenant relations), while others include full-scale services (marketing, legal, maintenance, inspections, accounting). More services mean higher costs.
5. Rent Price & Occupancy Rate
   Higher rent generally means higher fees in percentage models, but a well-managed, fully occupied property might save you money in the long run.
6. Experience & Reputation
   Established property management firms with stellar track records often charge more—but they also reduce risk and offer peace of mind.

At REvolution Properties, we believe in clear pricing with no hidden fees. Our team of experienced property managers handles everything from tenant placement and rent collection to repairs and legal compliance—all while ensuring your investment delivers strong, steady returns.

Our transparent pricing model is tailored to your unique property needs. Whether you own a single-unit residential rental or a commercial complex, we’ll provide an affordable, detailed estimate that outlines all services and costs upfront.

 Call us today or fill out our contact form for a free consultation and find out how we can take the stress out of property management!