Owner Tips

5 min read

How much does property management cost in Austin?

How much does property management cost in Austin?

How much does property management cost in Austin?

If you own a rental in Greater Austin, the first question is usually the simplest one: what will a property manager actually cost? The answer depends on the fee model, but most local managers follow the same basic structure.

The monthly management fee

Most Austin managers charge a percentage of the rent they collect, usually between 8 and 10 percent. Some offer a flat monthly fee instead. A percentage fee means your manager only earns more when your home earns more, which keeps everyone focused on rent and occupancy.

The leasing fee

When a new renter moves in, most managers charge a one-time leasing fee. It typically ranges from half of one month’s rent to a full month, and it covers pricing, photos, listings, showings, screening and the lease itself.

Fees worth asking about

Before you sign, ask about setup fees, renewal fees, markups on repairs, fees while the home is vacant and what it costs to cancel. These smaller charges are where totals often grow, so get them in writing.

A simple way to compare

Add up what you would pay in a typical year, including one lease renewal and a few repairs. Comparing that yearly total is far more useful than comparing headline percentages.

Want to see real numbers for your home? Our free rental analysis includes a rent estimate and a clear breakdown of every fee.

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