Property Management Fee Calculator

See what a property manager really costs once leasing and renewal fees are included. Everything runs in your browser.

Management cost

Monthly rent ($)

Monthly fee (% of rent collected)

Leasing fee (% of one month)

Tenant turnovers per year

Renewal fee ($)

Vacancy (%)

Results

Monthly fees / yr

Leasing fees / yr

Renewal fees / yr

Total annual cost

Effective % of gross rent

What property managers charge

Typical US residential fee structures: a monthly fee of roughly 8–12% of collected rent, a leasing (tenant placement) fee of 50–100% of one month’s rent, and sometimes renewal fees, maintenance markups and eviction fees. Comparing only the monthly percentage understates the cost — this calculator annualizes everything.

Plug the effective percentage into the management line of the rental cash flow calculator.

FAQ

Is 10% a normal management fee?

It is in the common range for single-family homes; larger portfolios often negotiate lower.

Are management fees tax-deductible?

For rental property in the US they are generally a deductible operating expense.