Commercial property management fees
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Property management cost per month
What do property managers do.
How much do property managers charge?
Kristen Cramer
Tara Farmer
Property management fees
Property management fees are 8% to 12% of the monthly rent on average, depending on the property size, type, and location.
Fixed or flat rate fees start at $100 to $150 per month for a single-family home. Property managers handle leasing, rent collection, maintenance, inspections, and tenant communication.
| Property size | Monthly management fee (percentage of rent) |
|---|---|
| Single-family home | 10% – 12% |
| 2 to 10 rental units | 8% – 12% |
| >10 rental units or commercial units | 4% – 7% |
Percentage of monthly rent
Most property management companies charge a fee of 8% to 12% of the monthly rent for single-family or multi-family homes.
Fees range from 4% to 7% for commercial properties or residential properties with more than ten rental units.
A percentage-based fee structure often benefits you more than a flat rate or fixed fee structure because it motivates the property management company to find high
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