Residential Property Management Companies in United States

List of Residential Property Management Companies in the United States

Residential Property Management Companies help property owners oversee and maintain their rental homes, apartments, and multi-family buildings.

Showing 77 companies

Mac Properties

Mac Properties is a U.S. residential property management company that builds, renovates, and manages rental apartments in three cities.

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Knightvest Residential

Knightvest Residential is a U.S. multifamily property management company operating apartment communities across several Sun Belt markets.

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Asden Properties

Asden Properties is a U.S. real estate company specializing in multifamily development, investment, construction, and property management.

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TRG Management Company

TRG Management Company is a U.S. property management firm specializing in multifamily, affordable, workforce, luxury, and mixed-use properties.

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Legacy Residential Group

Legacy Residential Group is a Florida real estate company specializing in workforce multifamily housing, property management, and development.

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Beacon Management

Beacon Management is a U.S. residential property management company operating apartment communities in Michigan, New York, and Virginia.

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Red Tail Residential

Red Tail Residential is a U.S. property management company managing multifamily apartment communities across 24 states and multiple markets.

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WRH Realty Services

WRH Realty Services is a U.S. multifamily real estate company providing property management, investment, construction, and advisory services.

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Brighthaven Communities

Brighthaven Communities is a U.S. property management company specializing in affordable and workforce multifamily housing across multiple states.

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Avanath Capital Management

Avanath Capital Management is a U.S. real estate investment firm specializing in affordable, workforce, and value-oriented multifamily housing.

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Planned Property Management

Planned Property Management is a Chicago-based residential property management company owning and operating more than 4,000 apartments.

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OneWall Communities

OneWall Communities is a U.S. multifamily real estate company specializing in workforce housing investment, ownership, and property management.

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Services Offered

  • Tenant Placement: Advertising rental units, screening applicants, conducting background checks, and selecting qualified tenants.
  • Rent Collection: Managing monthly rent payments, late fees, and financial tracking on behalf of the property owner.
  • Property Maintenance: Coordinating repairs, regular inspections, and preventive maintenance to keep properties in good condition.
  • Lease Preparation & Enforcement: Drafting legally compliant lease agreements and handling lease renewals or tenant violations.
  • Financial Reporting: Providing monthly and annual statements, income/expense tracking, and tax-ready documentation.
  • Tenant Communication: Handling tenant inquiries, concerns, complaints, and service requests.
  • Marketing & Advertising: Creating listings, scheduling showings, and using online platforms to attract qualified renters.
  • Evictions & Legal Compliance: Managing the eviction process when necessary and ensuring compliance with local, state, and federal regulations.

Licensing & Requirements

Residential Property Management Companies in the U.S. must follow various state-specific regulations. In many states, managers who handle leasing, rent collection, or real estate transactions are required to hold a real estate broker’s license. Some states also mandate property management certifications, trust accounting procedures, or ongoing education to stay compliant with housing laws. While requirements vary, reputable companies typically maintain proper licensing and follow fair housing rules, landlord-tenant laws, and safety standards relevant to their location.

How to Choose a Residential Property Management Companies

Choosing the right residential property management company involves comparing experience, pricing, service offerings, and communication style. Start by reviewing their portfolio—look for companies that manage properties similar to yours in size and type. Ask how they screen tenants, how they handle maintenance requests, and what technologies they use for reporting or payments. It’s also helpful to compare contract terms, cancellation clauses, and any extra fees. Avoid companies that lack transparency, slow response times, or incomplete reporting practices. A reliable management partner should be organized, communicative, and focused on protecting your long-term investment.

Typical Costs

Residential property management fees vary based on location, property type, and service level. Most companies charge a monthly management fee ranging from 8% to 12% of collected rent. Additional fees may include tenant placement fees (typically 50%–100% of one month’s rent), lease renewal fees, or maintenance coordination charges. Some companies also offer flat-fee pricing or premium service tiers. These figures are general estimates and may differ depending on market conditions.

Frequently Asked Questions

They handle the day-to-day operations of rental properties, including tenant relations, maintenance, rent collection, marketing, and financial reporting.

Many owners benefit from professional management even for one property, especially if they lack time, live far away, or want help with compliance and tenant screening.

In most cases, yes—management fees are typically considered a deductible operating expense for rental properties.

It depends on local demand, pricing, and property condition. A good company uses marketing and screening strategies to reduce vacancy times.

The management company will follow legal procedures, attempt resolution, issue notices if required, and manage the eviction process when necessary.