Sodak Property Management LLC
Madison, SD
Residential property managers handle single-family rentals and small multifamily buildings: leasing, tenant screening, rent collection, maintenance and owner reporting.
A residential property manager handles the operating work for single-family rentals, duplexes, townhomes and small multifamily buildings. The scope usually includes marketing vacant units, screening applicants, preparing leases, collecting rent, coordinating repairs, conducting move-in and move-out inspections, sending owner statements and managing renewals. Some firms also handle eviction coordination and compliance with local rental ordinances.
Most residential managers charge a monthly percentage of collected rent, commonly in the 8-12% range, plus a leasing fee when a new tenant is placed and sometimes a renewal fee. Maintenance markups, onboarding fees and early-termination charges can change the all-in cost. Compare the total cost for a typical 12-month tenancy, including leasing and renewal charges.
Ask how applicants are screened, who approves repairs and at what dollar threshold, how after-hours emergencies are handled, what the owner statement includes, how security deposits are held, and what notice is required to terminate. Confirm licensing or registration where required and ask for proof of insurance. A sample owner statement and a copy of the management agreement are more useful than a brochure.
Updated 2026. The firms below are ranked by public review volume by default. Use the state links to narrow the list, or open a firm profile to compare ratings, contact details and local alternatives.
Madison, SD
Riverside, CA 92509
5888 Mission Blvd, Riverside, CA 92509
Derby, CT 06418
www.sodexo.com/home.html
8 Nutmeg Ave, Derby, CT 06418
Wilton, CT 06897
187 Danbury Rd, Wilton, CT 06897
Cedar Rapids, IA 52402
Natchitoches, LA
Natchitoches, LA 71457
Marlborough, MA 01752
720 Boston Post Rd E, Marlborough, MA 01752
North Andover, MA 01845
315 Turnpike St, North Andover, MA 01845
Norwood, MA 02062
Tewksbury, MA 01876
Geneva, NY 14456
Geneva, NY 14456
Syracuse, NY 13209
100 Osceola Rd, Syracuse, NY 13209
Cleveland, OH 44114
127 Public Square, Cleveland, OH 44114
Crossville, TN 38555
421 S Main St, Crossville, TN 38555
Fabens, TX
Bennington, VT 05201
Silverdale, WA 98383
Bldg 2600, Silverdale, WA 98383
Aurora, IL 60505
810 Sheffer Road, Aurora, IL 60505
West Lake Hills, TX
softmogul.com
Eagle Pass, TX
Alpharetta, GA 30009
8000 Avalon Blvd Ste 2000, Alpharetta, GA 30009
Fort Myers, FL 33913
11421 Waterford Village Dr, Fort Myers, FL 33913
Rockville Centre, NY 11570
Most US residential managers charge roughly 8-12% of collected rent, often plus a leasing fee of 50-100% of one month's rent. Renewal fees, maintenance markups and onboarding charges vary. Request a written fee schedule and compare the all-in cost for a typical tenancy.
Typical work includes marketing vacant units, screening tenants, preparing leases, collecting rent, coordinating maintenance, conducting inspections, handling renewals and move-outs, and providing monthly owner statements. Confirm the exact scope in the management agreement.
It depends on distance, time and risk. A manager is most useful when you live far from the property, travel often, dislike tenant communication or want help with screening, maintenance and compliance. If you live nearby and have reliable tradespeople, self-managing one unit can be cheaper.