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PMPM Firms

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, not just the monthly percentage.

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.

California 7,569Florida 6,046New York 3,692Texas 3,490North Carolina 1,887Illinois 1,839Pennsylvania 1,786New Jersey 1,775Georgia 1,771Michigan 1,710Maryland 1,678Massachusetts 1,608

Associa Mid-Atlantic

King of Prussia, PA 19406

★ 4.0
302
+1 855-399-8917

www.associamidatlantic.com/?utm_source=gmb&utm_medium=Yext&y_source=1_Mjc2NjU4OTYtNzE1LWxvY2F0aW9uLndlYnNpdGU%3D

555 Croton Rd Ste 400, King of Prussia, PA 19406

ResidentialDetails →

Breckon & Breckon

Oxford, IN

★ 4.6
301
+44 1865 310300

www.breckon.co.uk/?utm_source=google&utm_medium=organic&utm_campaign=gbp-profile

Twining House, 294 Banbury Rd, Summertown, Oxford OX2 7ED, United Kingdom

ResidentialDetails →

Encore Living

Brookline, MA 02446

★ 4.8
299
+1 617-981-6900

www.encoreliving.com

123 St Mary's St, Brookline, MA 02446

ResidentialReal estate rental agencyDetails →

KRS Holdings

Virginia Beach, VA 23462

★ 4.7
299
+1 757-214-0480

www.krsholdings.com/virginia-beach-property-management

192 Ballard Ct Ste 103, Virginia Beach, VA 23462

ResidentialDetails →

1904 Group

St. Louis, MO 63104

★ 4.1
298

1904group.com

2001 Park Ave #3, St. Louis, MO 63104

ResidentialDetails →

Meadow Glen

Fort Worth, TX 76244

★ 3.2
298
+1 817-379-5736

yescommunities.com/community/meadow-glen

11644 Old Denton Rd, Fort Worth, TX 76244

ResidentialMobile home rental agencyDetails →

PRE/3

Brookfield, WI 53045

★ 3.8
298
+1 262-790-4560

pre-3.com

3120 Gateway Rd, Brookfield, WI 53045

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.