Remove Fixed Fee Remove Maintenance Remove Property Management Services
article thumbnail

How Much Does Property Management Cost?

Property Management Inc.

Percentage of Monthly Rent Property managers who offer this pricing structure usually charge about 4-12% of the monthly rent collected. If your property becomes vacant, they may switch to a fixed fee until it's leased to someone new. Pay attention to your contract if you agree to this fee structure.

article thumbnail

Multifamily property management fees: What to expect and how to budget

MRI Software

Managing a multifamily property comes with several costs, and failing to budget for them can quickly eat into your profits. On average, property management fees range from 4% to 12% of the monthly rental income, with additional costs for leasing, maintenance, and technology.