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

Breaking down multifamily property management costs Multifamily property management costs fall into three main categories: fixed fees, percentage-based fees, and variable costs. Since these fees are not tied to rental income, they allow for more consistent budgeting and financial planning.