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Residential property management firms

Residential property managers handle single-family rentals and small multifamily buildings: leasing, tenant screening, rent collection, maintenance and owner reporting.

Firms
59,151
States
51

Residential property management: what owners should know

What the work includes

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.

How fees usually work

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.

What to ask before hiring

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.

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Bedrock

Detroit, MI 48226

★ 3.9
59
+1 313-373-8700

www.bedrockdetroit.com

630 Woodward Ave, Detroit, MI 48226

ResidentialDetails →

Cedar Management Group

Columbia, SC 29201

★ 3.7
59
+1 803-234-4444

cedarmanagementgroup.com/columbia-hoa-property-management-company

1320 Main St Suite 300, Columbia, SC 29201

ResidentialDetails →

Comet Realty

San Luis Obispo, CA 93401

★ 4.7
59
+1 805-546-9925

cometrealty.com/?utm_source=gbp&utm_medium=organic

1110 California Blvd Ste C, San Luis Obispo, CA 93401

ResidentialDetails →

Del Properties

Kansas City, MO 64112

★ 3.8
59
+1 816-599-6326

www.delpropertieskc.com

303 Emanuel Cleaver II Blvd., Kansas City, MO 64112

ResidentialDetails →

DLR Properties

Coeur d'Alene, ID 83814

★ 3.4
59
+1 208-930-1272

www.dlrproperties.net

206 E Indiana Ave #112, Coeur d'Alene, ID 83814

ResidentialDetails →

Common questions about residential property management firms

How much does residential property management cost?+

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.

What does a residential property manager do?+

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.

Is a property manager worth it for one rental?+

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.

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  • Tenant communications
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