Campbell vs Nearby Cities
Real estate prices along the San Francisco Bay are significantly higher than the national average, but the prices in Campbell are among the most reasonable for the region. The median home price is often around $1.2 million, which is slightly higher than prices seen in nearby San Jose and Santa Clara. Other cities in this region of western California command home prices at or above $2 million. This includes Cupertino and Saratoga. Buyers in both of these cities commonly pay an average of $1,000 per square foot, but the median price per square foot in Campbell tends to stay around $700. Renters in any of these cities can expect to pay an average of $3,000 per square foot or more.
Campbell Property Managers
Property managers work with real estate investors and property owners who don’t have the time or expertise to efficiently handle rental units. A manager can ensure that rent is collected on time and all rules are followed. They may also handle repairs and maintenance tasks so that the property remains up to code and suitable for tenants.
Campbell Property Management Company Fees
While some property management companies will accept a flat management fee, most base their fee on a percentage of the gross rent collected from all properties. This fee can go as low as six percent or as high as 14 percent, depending on the services included and specific property details.
- California landlords can charge up to triple the monthly rental rate when asking for a security deposit on a furnished unit.
- Security deposits for unfurnished rental units can go as high as double the monthly rental rate.
Landlords can take up to three weeks to return the security deposit once a tenant moves out.