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ResourcesseparatorProperty Management for Short Term Rentals

6 Best Rental Property Management Companies (2026)

Key takeaways

6 Best Rental Property Management Companies (2026)

What Are the Best Property Management Companies in 2026?

The best property management companies in 2026 combine nationwide coverage, transparent pricing, and technology-driven operations to maximize rental income for property owners. After evaluating dozens of companies across services, market coverage, fees, technology, and customer reviews, these six stand out for different property types and investment strategies.

Choosing the right property manager directly impacts your returns — the difference between a good and great manager can mean 20-40% more annual revenue from the same property. Here are the top picks for 2026, based on analysis from a team that manages 20,000+ vacation rental properties across all 50 states.

CompanyBest ForCoverageStarting Fee
AwningShort-term rentals (Airbnb/Vrbo)All 50 states15% of revenue
HomeRiver GroupLong-term rentals32 states~8-10% of rent
GreystarApartment buildings161 US marketsContact for quote
MyndSingle-family rentals25+ markets, 12 statesFlat fee (~$79-99/mo)
BozzutoLuxury apartments16 states + DCContact for quote
BuildiumSelf-managing landlords (software)Nationwide$52/month

How We Selected the Best Property Management Companies

Our evaluation process focused on seven criteria that matter most to rental property owners: breadth of services, geographic coverage, property type specialization, technology and automation capabilities, fee transparency, verified customer reviews, and overall value for money. We spoke with property owners, analyzed thousands of reviews across Trustpilot, Google, BBB, and Yelp, and compared the specifics of each company’s service offering.

Awning: Best Short-Term Rental Property Management Company

Awning is the best property management company for vacation rentals in the United States, offering full-service management across all 50 states at an industry-low fee of 15% of monthly revenue. Awning manages 20,000+ properties with a guest-facing rating of 4.8/5 stars and an average guest response time of 5-15 minutes.

Awning Services

Awning provides end-to-end vacation rental management including interior design (led by a former Head of Design at Airbnb), vacation rental furnishing, smart home device installation (smart locks, smart thermostats, smart TVs), STR licensing and permits, vacation rental insurance, dynamic pricing optimization, 24/7 guest communication, cleaning and restocking, and property maintenance.

Why Awning Stands Out

What separates Awning from other vacation rental managers is the combination of nationwide coverage with local expertise, low fees, and a key owner-friendly policy: properties are listed under the owner’s name, so all reviews stay with you if you ever change managers. Most competing managers list under their own brand, meaning you lose your review history if you leave.

Awning Pricing

Awning charges 15% of monthly rental revenue with no hidden fees — compared to an industry average of 25-45% for full-service vacation rental management. This lower rate is achieved through technology-driven automation of routine tasks while maintaining human expertise for guest relations, pricing strategy, and property care. For more context on what managers charge, see our guide on Airbnb management fees.

To get started with Awning, schedule a free call to discuss your property with an advisor.

HomeRiver Group: Best Long-Term Rental Property Management Company

HomeRiver Group is the largest third-party property management company in the United States for long-term rentals, specializing in single-family homes, small multi-family properties, and HOA communities. Founded in 2016 and headquartered in New York, HomeRiver manages 40,000+ long-term rentals plus 30,000+ HOA community properties across 32 states.

HomeRiver Group Services

HomeRiver provides full-service long-term rental management including renovation, tenant screening and leasing, day-to-day property management, maintenance coordination, and real-time owner reporting. Their nationwide network of local offices delivers standardized best practices while maintaining local market expertise.

HomeRiver Group Pricing

Fees vary by location, property type, and portfolio size since HomeRiver operates as a network of local property management offices. Rates rarely exceed 10% of monthly rental income, with larger portfolios receiving volume discounts. Contact HomeRiver directly for market-specific pricing.

HomeRiver Group Reviews

Online reviews are mixed, reflecting the variability inherent in a franchised network model. Google reviews average 4.1/5 stars based on 600+ reviews. Satisfied owners praise the quality of tenant placement and communication processes. Negative reviews tend to focus on inconsistent maintenance response times, which vary by local office.

Greystar: Best Property Management Company for Apartment Buildings

Greystar is one of the largest apartment management companies globally, managing nearly 794,000 units across 227 markets worldwide (747,000+ in the US alone). Founded in 1993 and headquartered in Charleston, SC, Greystar specializes in institutional-grade apartment management from Class A luxury high-rises to affordable housing communities.

Greystar Services

Greystar offers institutional-level property operations, business administration, due diligence, financial reporting, insurance programs, and marketing. Their scale enables purchasing power and operational efficiency that smaller managers cannot match.

Greystar Reviews

VeryApt rates Greystar 7.2/10 based on 1,800+ reviews. Satisfied residents highlight beautiful properties, strategic locations, and responsive on-site teams. Lower ratings on BBB (1.0/5) and Yelp (1.0/5) reflect the challenge of managing properties at massive scale — individual property experiences vary significantly by location and on-site management team.

Mynd: Best Property Management Company for Single-Family Rentals

Mynd is a technology-forward property management company focused exclusively on single-family rental homes. Founded in 2016 and headquartered in Oakland, CA, Mynd manages 11,000+ single-family properties across 25+ markets in 12 states (AZ, CA, CO, FL, GA, IN, NC, NV, OR, TX, TN, WA).

Mynd Services and Pricing

Mynd offers full-service management including leasing, maintenance, renovations, resident management, financial reporting, and unique protections: up to $5,000 rental income guarantee for rent payment delays and up to $5,000 eviction protection covering legal fees. Mynd charges flat monthly fees (rather than percentage-based) starting around $79-99/month depending on market and portfolio size.

Mynd Reviews

Trustpilot reviews average 4.4/5 stars based on 1,500+ reviews, making Mynd one of the highest-rated long-term property managers. Positive reviews emphasize quick maintenance response, smooth communication, and professional service. Common complaints involve property condition issues and lease term disputes.

Bozzuto: Best Property Management Company for Luxury Apartments

Bozzuto is a family-owned, full-service property management company specializing exclusively in Class A luxury apartment communities. Founded in 1988 and headquartered in Greenbelt, MD, Bozzuto manages 80,000+ residences across 16 states and Washington, DC.

Bozzuto Services

Bozzuto provides luxury-focused management including branding and design, leasing, property operations, financial analysis, tenant coordination, sustainability programs, and maintenance. Their focus on luxury communities means a higher standard of service and amenity management than general-purpose managers.

Bozzuto Reviews

Online reviews are limited in quantity. Satisfied residents highlight responsive management teams and premium amenities. Bozzuto is best suited for investors with luxury apartment portfolios in the Mid-Atlantic, Northeast, or Southeast regions.

Buildium: Best Half-Service Property Management Software

Buildium is a property management software platform (now a RealPage company) that helps landlords and managers automate key tasks without hiring a full-service manager. Founded in 2014 in Boston, MA, Buildium is available nationwide and works with all residential property types.

Buildium Features

Buildium automates property accounting, online rent collection, maintenance request tracking, tenant screening, lease management, 1099 filing, and rental listing syndication. It’s a half-service solution — you still handle tenant relationships and property decisions, but the software streamlines the administrative workload.

Buildium Pricing

Three subscription tiers: Essential (starting at $52/month), Growth, and Premium. The Essential plan covers individual investors with multiple properties. Annual subscriptions save 10%. This makes Buildium the most affordable option for hands-on landlords who want to manage their own properties but need operational tools.

Buildium Reviews

Buildium has strong reviews on software platforms: 4.5/5 on Capterra (1,900+ reviews) and 4.3/5 on G2 (150+ reviews). Users praise the comprehensive feature set and tenant-facing online portals. Complaints center on interface usability and unexpected charges for add-on features.

How to Choose the Right Property Management Company

Selecting the right property manager depends on your rental type, investment strategy, and how involved you want to be. Consider these factors:

  • Rental type: Short-term rental (Airbnb/Vrbo) owners should choose a STR specialist like Awning. Long-term rental owners have options like HomeRiver or Mynd. Apartment building investors should consider Greystar or Bozzuto.
  • Fee structure: Compare percentage-based fees (typical for full-service) vs. flat monthly fees (Mynd, Buildium). Lower fees only matter if service quality is maintained.
  • Market coverage: If you invest across multiple states, choose a manager with nationwide coverage. Awning and HomeRiver both operate across many states.
  • Technology: Modern managers use dynamic pricing tools, automated guest communication, and real-time owner dashboards. Ask about their tech stack.
  • Contract terms: Understand cancellation policies, minimum commitment periods, and what happens to your listing reviews if you leave.

Frequently Asked Questions

What percentage do most property management companies charge?

Most full-service long-term rental managers charge 8-12% of monthly rent. Vacation rental managers typically charge 20-45% of revenue due to the higher operational intensity of short-term rentals. Awning is an exception at 15% for full-service STR management, significantly below the industry average.

Is hiring a property management company worth it?

For most investors, yes. Professional managers typically increase revenue enough to more than offset their fees through optimized pricing, higher occupancy rates, better guest/tenant retention, and reduced vacancy periods. The break-even point is usually when management saves you 10+ hours per month or increases revenue by more than the fee amount.

What is the difference between full-service and half-service property management?

Full-service managers (Awning, HomeRiver, Greystar) handle every aspect of property operations — you earn passive income. Half-service solutions (Buildium) provide software tools to streamline management, but you still make decisions and handle relationships. Full-service costs more but delivers truly passive returns.

Can I use a property management company for out-of-state investments?

Yes, and it’s one of the strongest use cases for professional management. Companies like Awning and HomeRiver specialize in managing properties for remote investors, providing local expertise, vendor networks, and hands-on oversight that would be impossible for an out-of-state owner to replicate.

What should I look for in a property management contract?

Key items to review: fee structure and any hidden charges, cancellation terms and notice periods, who owns the listing and reviews (critical for STR), maintenance spending authorization limits, reporting frequency and detail level, and insurance requirements. Always have an attorney review before signing.

Let Awning Handle Your Vacation Rental

Awning manages 20,000+ vacation rentals across all 50 states at just 15% of revenue — the lowest rate among full-service managers. From listing optimization to 24/7 guest support, we handle everything.

→ Schedule a Free Call

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