- Average Maintenance & Other One-Time Fees
Property managers often keep a maintenance reserve to cover minor repairs. Repairs that exceed the cost of the maintenance reserve generally require approval fr… See more
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- Typical apartment management fees12345:
- Property management fees range from 8% to 12% of the monthly rental value.
- Some property management companies may charge a higher fee for urban areas or high-end properties.
- Flat fees can range from $50 to $300 or more per month.
- Setup fees average around $185.24.
- Lease renewals are usually a flat rate.
- Inspections cost an average of $106.72.
- Tenant placement services are usually based on a percentage of a unit’s monthly rent.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.On average, property management fees range from 8% to 12% of the monthly rental value. For example, if your property rents for $1,500 per month, you might pay between $120 and $180 in monthly management fees. Some property management companies, especially in urban areas or for high-end properties, might charge a higher fee.www.tenantcloud.com/blog/property-management-f…In general, property managers typically charge 4% to 12% of the monthly rent, with 10% being common. Some may opt for a flat fee, ranging from $50 to $300 or more per month.rentpost.com/resources/article/property-manageme…The average cost of property management is between 7% and 10% of the monthly rent, according to Kevin Ortner, chief executive officer of Renters Warehouse — a company that manages around 23,000 properties throughout the U.S.www.zillow.com/rental-manager/resources/propert…Most commonly, property managers charge management fees based on a percentage of the monthly rent they collect. On average, property management companies charge anywhere from 8% to 12%.www.apartmentlist.com/rental-management/averag…Average Property Management Fees
- Property managers from our sample charge an average management fee equivalent to 8.49% of the total monthly rent.
- Setup fees average $185.24.
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