Property Management Fee Calculator — Cost vs. Net Income

Frequently Asked Questions

What does a property manager typically charge?

Most residential property managers charge 8–12% of collected monthly rent, though rates vary by market, property type, and service level. Some charge a flat monthly fee instead. There are also often one-time leasing fees (50–100% of one month's rent), lease renewal fees, and maintenance coordination markups.

Is a property manager worth the cost?

For investors with multiple properties, out-of-state rentals, or limited time, a PM often pays for itself in reduced vacancy, better tenant screening, and avoided maintenance headaches. For a single local property, self-management preserves 8–12% of rent — but only if you're willing to handle calls, repairs, and tenant issues directly.

What services are included in the management fee?

A standard management fee typically covers rent collection, maintenance coordination, tenant communication, and monthly financial reporting. Leasing, lease renewals, eviction management, and major repairs are usually charged separately.

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