Property Management
in Madison, WI

Top 24 Property Management Companies

Companies who display the iPropertyManagement seal have demonstrated a high standard of excellence for both owners and tenants in the field of property management.

Wisconsin

License #: 835457

Apex Property Management Inc

#1 best rated of 24 Madison, WI property management companies

Based on 1 Review Show all

No Reviews Found

608-255-3753
1741 Commercial Ave # 102, Madison, WI 53704
Areas Served Madison
11-50 employees BBB: N/A
Since 1986
Residential
Commercial
Hoa
  • Specializes in single-family rental homes, multi-family apartment buildings, and condominium associations.

License #: ?

BTM Properties

#2 best rated of 24 Madison, WI property management companies

Based on 2 Reviews Show all

No Reviews Found

608-279-0897
5310 Hammersley Rd, Madison, WI 53711
Areas Served Madison
1-10 employees BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Manages residential apartment buildings.

License #: ?

CCL Management

#3 best rated of 24 Madison, WI property management companies

Based on 5+ Reviews Show all

No Reviews Found

608-833-0009
7704 Terrace Ave #1, Middleton, WI 53562
Areas Served Madison
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Specializes in homes, condos, duplexes, and multi-unit investment properties.
  • Offers three different leasing service plans, which are lease-only, lease and manage, and manage-only.
  • The lease-only plan has a $250 administration/marketing fee and a success fee equal to one month’s rent. Services include marketing, showings, tenant screening, lease execution using an attorney-approved lease agreement, collecting the security deposit and the first month’s rent, coordinating move-in and key pickup, and disbursement of funds to the owner. The rental unit must be professionally cleaned. The carpet must be professionally shampooed. Windows must have window coverings.
  • The lease and manage plan has a $250 administration/marketing fee and a success fee equal to 5% of the first year’s annualized rent. Property management fees are 8% of the collected rent. The lease renewal/extension fee is $250. Services include all the lease-only services listed above, plus rent collection, disbursement of monthly net funds to the owner, a monthly ledger and year-end tax preparation reports, enforcement of lease contracts, a 24-hour emergency response system, posting and proper documentation of notices, evictions if necessary, and supervising tenant move-outs, including security deposit settlements.
  • The manage-only plan is for a transition to management services for rental units that are already leased up. It has a $250 administration/marketing fee and property management fees are 8% of the collected rent. The lease renewal/extension fee is $250. Services include rent collection, disbursement of monthly net funds to the owner, a monthly ledger and year-end tax preparation reports, enforcement of lease contracts, a 24-hour emergency response system, posting and proper documentation of notices, evictions if necessary, and supervising tenant move-outs, including security deposit settlements.

License #: 833937

Bruner Realty & Management Inc

#4 best rated of 24 Madison, WI property management companies

Based on 5+ Reviews Show all

No Reviews Found

608-273-9390
802 Harbor House Dr, Madison, WI 53719
Areas Served Madison
? BBB: N/A
Since 1986
Residential
Commercial
Hoa
  • Offers multi-family housing management.
  • Services include marketing, maintenance scheduling, administration, and construction management.
  • Leasing services include advertising and marketing vacancies on the company’s website, social media like Facebook, and other websites such as Craigslist, HomeSnap, Trulia, and Zillow. Tenant screening includes income verification, credit checks, background checks, and reviewing the previous rental history while staying in compliance with the federal and state, fair housing laws. Lease execution includes negotiations, preparing the lease for signing, signing, a walk-through inspection prior to move-in with a written report accepted by the new tenant, and the collection of the security deposit with the first month’s rent.
  • Maintenance services include a 24-hour emergency response system with the support of an in-house maintenance staff that is billed, at cost, to the owner. For making extensive repairs, third-party contractors are used and supervised.
  • Accounting services include using Rent Manager software that has an online owner’s portal for bookkeeping and reports. Monthly statements are prepared and year-end financial reporting is created for tax accounting. Collected rent and security deposits are deposited in a separate bank account for each property and never commingled with others.
  • The net proceeds from rent collection are transferred to the owner’s bank account by ACH electronic deposits. Delinquencies are dealt with promptly and legal notices are used when necessary to collect late rent.

License #: ?

Colonial Property Management

#5 best rated of 24 Madison, WI property management companies

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No Reviews Found

608-245-0753
222 North St, Madison, WI 53704
Areas Served Madison
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Manages 1,500 rental homes and apartments in multi-tenant buildings owned by the company.

License #: ?

Prime Urban Properties

#6 best rated of 24 Madison, WI property management companies

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Based on 6 Reviews Show all

608-233-6000
2020 Eastwood Dr, Madison, WI 53704
Areas Served Madison
1-10 employees BBB: N/A
Since 2014
Residential
Commercial
Hoa
  • Specializes in prime, upscale apartments and commercial properties.
  • Manages buildings that are owned by the company.

License #: ?

Steve Brown Apartments

#7 best rated of 24 Madison, WI property management companies

Based on 5+ Reviews Show all

Based on 22 Reviews Show all

608-255-7100
120 W Gorham St, Madison, WI 53703
Areas Served Madison
51-200 employees BBB: A+
Since 1980
Residential
Commercial
Hoa
  • Manages properties owned by the company, which include multi-tenant apartment buildings, student housing, commercial buildings, retail spaces, and parking lots.
  • Partners with others as a construction development company that specializes in building student and multi-family residential rental properties. Conducts a market survey, assists with financing, and manages the construction project. Supervises the design, construction, and renting out of the newly-constructed properties.

License #: ?

Birwood Property Management

#8 best rated of 24 Madison, WI property management companies

Based on 5+ Reviews Show all

No Reviews Found

608-241-4449
2510 Pennsylvania Ave, Madison, WI 53704
Areas Served Madison
? BBB: N/A
Since 2002
Residential
Commercial
Hoa
  • Offers property management services for rental homes, apartment buildings, and condominium associations.
  • Services include advertising and marketing of vacancies, tenant application screening, lease execution, rent collection, handling tenant relations, and managing a maintenance work-order system that includes supervising personnel and third-party contractors for repairs.
  • Management services include handling all the daily operations of the property, regular inspections, routine maintenance, and emergency repair requests with a 24-hour response system.
  • Uses Appfolio Property Manager software to provide an online owner’s portal for information, monthly statements, and year-end financial reports.

License #: ?

Ripple Management

#9 best rated of 24 Madison, WI property management companies

Based on 5+ Reviews Show all

Based on 3 Reviews Show all

608-238-2044
3801 Regent St, Madison, WI 53705
Areas Served Madison
? BBB: N/A
Since 1973
Residential
Commercial
Hoa
  • Manages over 800 housing units that include rental homes and apartments owned by the company.

License #: ?

LZ Management LLC

#10 best rated of 24 Madison, WI property management companies

Based on 5+ Reviews Show all

No Reviews Found

608-441-3400
1022 W Johnson St, Madison, WI 53715
Areas Served Madison
? BBB: N/A
Since 2014
Residential
Commercial
Hoa
  • Manages multi-tenant high-rise apartment buildings owned by the company.

License #: 833718

Forward Management, Inc

#11 best rated of 24 Madison, WI property management companies

Based on 5+ Reviews Show all

No Reviews Found

608-255-3553
110 S Brooks St, Madison, WI 53715
Areas Served Madison
11-50 employees BBB: N/A
Since 1998
Residential
Commercial
Hoa
  • Manages over 60 properties that are owned by the company with a total of around 3,500 apartments.
  • Designs, constructs, and manages new apartment buildings.

License #: 700051

Anchor Property Management LLC

#12 best rated of 24 Madison, WI property management companies

Based on 5+ Reviews Show all

No Reviews Found

608-826-1000
6525 Grand Teton Plaza, Madison, WI 53719
Areas Served Madison
? BBB: N/A
Since 1976
Residential
Commercial
Hoa
  • Offers management services for commercial properties, condominium associations, and rental/apartment management.
  • Commercial property management services include accounting services, administrative services, and maintenance management. Accounting services are provided by using ACS Property Management software and QuickBooks Accountant’s Edition. The accounting department maintains the commercial property’s records and bookkeeping to generate monthly statements and prepare annual financial reports. Collects all fees, makes deposits to the owner’s account, and sends out late notices to those in arrears. Administrative services include a project manager and the development of a marketing plan. The project manager is responsible for all business correspondence and late notices, setting up a website for the property, and showing vacancies. The project manager works with REALTORS® for showings to their clients. Maintenance management services include a 24-hour emergency response system, exterior cleaning, preventative maintenance, regular inspections, window cleaning, and gutter maintenance. The company has in-house maintenance staff with skills in carpentry, electrical, plumbing, and HVAC systems. Provides bids for subcontractor services, hires workers, and supervises work while negotiating volume-discount rates for insurance, paint, mechanical, and other repairs. Collaborates with consultants, engineers, attorneys, CPAs, and other professionals hired by the owner.
  • Condominium association services include accounting, administrative services, and maintenance management. Accounting services are provided by using ACS Property Management software and QuickBooks Accountant’s Edition. The accounting department maintains the commercial property’s records and bookkeeping to generate monthly statements and prepare the annual financial reports. Collects all fees, makes deposits to the owner’s account, and sends out late notices to those in arrears. Administrative services include a project manager who acts as a liaison between the board and the owners. The project manager attends the board meetings and the annual meetings. The project manager sets up the location for the meetings, prepares agendas, and makes copies of the documentation needed. The project manager is responsible for all business correspondence, newsletters, late notices, and the minutes of the meetings. The project manager works with REALTORS® for the showings necessary for selling a unit. Maintenance management services include a 24-hour emergency response system, exterior cleaning, preventative maintenance, regular inspections, window cleaning, and gutter maintenance. The company has in-house maintenance staff with skills in carpentry, electrical, plumbing, and HVAC systems. Provides bids on subcontractor services, hires workers, and supervises work while negotiating volume-discount rates for insurance, painting, mechanical, and other repairs. Collaborates with consultants, engineers, attorneys, CPAs, and other professionals hired by the association.
  • Rental/apartment management services include a market survey to develop a marketing program, advertising vacancies, showings, tenant application screening, lease execution, lease renewals, accounting, and maintenance services. Accounting services are provided by using ACS Property Management software and QuickBooks Accountant’s Edition. The accounting department maintains the residential rental property’s records and bookkeeping to generate monthly statements and prepare the annual financial reports. Collects rent, makes deposits to the owner’s account, and serves late notices. Maintenance services include a 24-hour emergency response system, exterior cleaning, preventative maintenance, regular inspections, window cleaning, and gutter maintenance. The company has in-house maintenance staff with skills in carpentry, electrical, plumbing, and HVAC systems. Provides bids for subcontractor services, hires workers, and supervises work while negotiating volume-discount rates for insurance, painting, mechanical, and other repairs. Collaborates with attorneys, CPAs, and other professionals hired by the owner.

License #: ?

Oakland Property Services LLC

#13 best rated of 24 Madison, WI property management companies

Based on 5+ Reviews Show all

No Reviews Found

608-257-1000
122 E Olin Ave # 195, Madison, WI 53713
Areas Served Madison
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Specializes in residential and commercial properties in the Dane County area.
  • Offers full-service property management, which includes marketing, tenant relations, maintenance, and accounting services.
  • Handles all the daily operations and advises on a long-term investment strategy.

License #: ?

CMI Management Inc

#14 best rated of 24 Madison, WI property management companies

Based on 3 Reviews Show all

No Reviews Found

608-256-4200
121 S Pinckney St, Madison, WI 53703
Areas Served Madison
? BBB: N/A
Since 1991
Residential
Commercial
Hoa
  • Specializes in downtown apartments, rental houses, and commercial properties.
  • Manages multi-family and high-rise apartment buildings owned by the company with the help of full-time, in-house maintenance staff.

License #: ?

Randall Park Rentals

#15 best rated of 24 Madison, WI property management companies

Based on 5+ Reviews Show all

No Reviews Found

608-251-2715
1308 Spring St, Madison, WI 53715
Areas Served Madison
? BBB: N/A
Since 1998
Residential
Commercial
Hoa
  • Manages 1,500 rental homes and apartments in multi-tenant buildings. This is one of the divisions owned by the company.

License #: ?

RPG Rentals

#16 best rated of 24 Madison, WI property management companies

Based on 4 Reviews Show all

No Reviews Found

608-255-0501
2132 Fordem Ave. Suite 1000Madison, Wisconsin 53703
Areas Served Madison
1-10 employees BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Manages a residential apartment building owned by the company.

License #: ?

Wisconsin Management Company

#17 best rated of 24 Madison, WI property management companies

Based on 5+ Reviews Show all

Based on 19 Reviews Show all

608-258-2080
2040 S Park St, Madison, WI 53713
Areas Served Madison, Milwaukee,WI
201-500 employees BBB: N/A
Since 1977
Residential
Commercial
Hoa
  • Manages more than 500 properties with a staff of over 250 professionals.
  • Services offered include asset management, compliance, and acquisition/development.
  • Asset management services include analysis of the net operating income, property tax analysis, property valuation, modernization and repositioning, review of property documentation and insurance coverage, financing options, a trade-up strategy, and a long-term exit strategy.
  • Compliance services include certifying income and expenses for all tenant applicants and current residents, ensuring program compliance for federal funding programs such as rural development projects, section 42 tax credit and HUD programs, project-based Section 8 and HOME. Has credentialed experts including
  • Certified Occupancy Specialists (COS) and Spectrum Training Award Recipients (S.T.A.R). Manages applications and recertification processes. Handles reporting for the Wisconsin Housing and Economic
  • Development Authority (WHEDA), HOME, Rural Development (RD), and the Housing & Urban Development (HUD).
  • Acquisition/Development services include feasibility studies, project design and coordination, financial pro forma and financial modeling, entitlements, funding sources, marketing, and lease-up efforts.

License #: 936593

Smith Management

#18 best rated of 24 Madison, WI property management companies

No Reviews Found Show all

Based on 2 Reviews Show all

608-284-8483
20 N Blair St # 105, Madison, WI 53703
Areas Served Madison
? BBB: N/A
Since 2006
Residential
Commercial
Hoa
  • Specializes in serving multi-unit residential rental property owners.
  • Does NOT provide services to single-family rental homeowners or single condominium owners or separate lease-only services.
  • Property management services include regular maintenance using an in-house maintenance staff, marketing vacancies, tenant applicant screening, and frequent property inspections.

License #: 54969-90

Accent Management

No Reviews Found Show all

No Reviews Found

608-219-2787
2317 S Stoughton Rd, Madison, WI 53716
Areas Served Madison
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Manages residential rental properties and commercial properties.
  • Residential property services include apartment management for complexes of eight units or more. Handles tenant screening, rent collection, and maintenance.
  • Commercial property services include leasing, maintenance, and repairs with a 24-hour emergency response system.
  • Maintenance services include plumbing, painting, drywall, HVAC systems, garbage disposals, lawn care, lock rekeying, deck staining/panting, and the installation of smoke detectors and alarm systems.
  • Assists real estate investors with acquisitions and investment property sales.

License #: ?

Brumm Inc

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No Reviews Found

608-250-5011
2 E Mifflin St # 901, Madison, WI 53703
Areas Served Madison
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Specializes in condominium complexes and community association management.
  • Services include financial services, community administration, property management operations, and consulting/developer services.
  • Financial services include web-based accounting, annual budget preparation, assessment collection, accounts receivable and payable processing, monthly financial reporting with a balance sheet, budget analysis, maintaining the general ledger, reconciliation of accounts, investment summary, and long-term reserve account analysis.
  • Community administration services include maintenance of the association’s documents, preparation of resale disclosures, maintaining the community website, board and annual meeting preparation, attendance, and follow-up, homeowner construction coordination, rental oversight, rules enforcement, common area scheduling, and orientation/documentation for new owners joining the association.
  • Property management operations include 24-hour emergency service, routine maintenance services, third-party contract specifications, bidding process, and selection recommendations, supervision of vendors and contractor services, reviewing insurance, risk management, and handling claims, property and safety systems inspections with documentation, and supervising on-site staff.
  • Consulting/developer services include new project design review, review of operational documents and budgets, reserve analysis, infrastructure and amenity planning, coordination of facility start-up and occupancy, warranty administration, staffing and training, and the development of disaster recovery and emergency planning documentation.

License #: ?

Compass Properties

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No Reviews Found

608-294-9400
44 E. Mifflin Street, Ste. 304, Madison, WI 53703
Areas Served Madison
11-50 employees BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Has more than 1.5 million square feet of commercial office space under management.
  • The management team includes a certified property manager, tenant coordinators, and accounting staff. Licensed real estate brokers are the leasing agents. Handles the lease negotiations and execution, tenant applicant screening, and tenant relations.
  • The in-house maintenance and construction staff can handle simple repair jobs to extensive renovations.

License #: ?

JDM Properties

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No Reviews Found

608 -819-6500
411 W Main St, Madison, WI 53703
Areas Served Madison
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Manages residential and commercial properties that it owns and develops.

License #: 834521

Madison Property Management, Inc

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No Reviews Found

608-251-8777
1202 Regent St, Madison, WI 53715
Areas Served Madison
51-200 employees BBB: N/A
Since 1988
Residential
Commercial
Hoa
  • Offers commercial and residential rental property management and condominium association management.
  • Has five Accredited Residential Managers (ARMS) and one Certified Property Manager (CPM) on staff, supported by over 100 employees.
  • Property management includes advertising, marketing, tenant screening, lease execution, rent collection, supervising daily operations, and maintenance.
  • The condominium division offers administrative services, maintenance, and financial accounting services.
  • Administrative services include a dedicated condominium manager to act as a liaison between the board and the owners, and to attend board meetings and annual association meetings. The condominium manager distributes notices, newsletters, and meeting minutes as directed by the board. Responds to all REALTOR® information requests and title company requests for information needed for the sale of a condo unit or refinancing. Works with the board to implement a preventative maintenance plan. Handles owners’ requests. Assists the board with meeting preparation. Supervises board-approved projects done by third-party contractors. Makes regular inspections of the common areas. Manages insurance coverage for adequate protection and handles claims.
  • Maintenance services include regular maintenance such as gutter cleaning, power washing, parking area cleaning, light bulb replacement, common area upkeep and painting, and other services depending on the property. Offers a 24-hour emergency response service. In-house maintenance staff is over 50 personnel that includes technicians for HVAC systems, carpenters, painters, dry-wall repairpersons, and plumbers. Offers competitive hourly rates and discounted pricing for bulk supplies/parts purchases.
  • Financial/Accounting services include maintaining association records, files, and books, reconciling checking and savings accounts monthly, collecting all monthly dues and special assessments, collecting any delinquent dues or accounts, dealing with foreclosures and seriously delinquent accounts, budget preparation, long-term capital improvement planning, monthly financial statements with a balance sheet, income statement, budget vs. actual comparison report, maintaining the general ledger, check registry, delinquency list, prepaid items, year-end statements, preparing 1099 tax forms for third-party contractors, and maintaining a web portal for accounting reports and a summary of all services performed.
  • The condominium division also offers financing, construction project management, renovations, and remodeling.

License #: 834140

Resident Services Inc

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No Reviews Found

608-833-4343
7602 Mid Town Rd, Madison, WI 53719
Areas Served Madison
? BBB: N/A
Since 1973
Residential
Commercial
Hoa
  • Specializes in new developments, renovations, condominium associations, and office building management for properties it owns and develops.

Madison vs Nearby Cities

While the cost of living in Madison is above the national average, the city still offers one of the more affordable real estate markets in southern Wisconsin. The median listing price can get close to $300,000 at times, and those prices are about equal to those seen in some nearby small towns. For instance, the Town of Mazomanie offers a median listing price around $300,000. When you look at slightly larger cities like Fitchburg and Waunakee, Madison starts to look like a bargain. You can expect to see median listing prices much closer to $400,000 in both of these nearby cities.

Madison Property Managers

A property manager will do more for your rental units than collect rent and oversee property repairs. They can also help you pinpoint the most competitive price for each of your rental units, and they will ensure that your business abides by all federal, state and local laws.

Madison Property Management Company Fees

You can expect an experienced property manager to charge around 10 percent of the rent collected from your rental property. This fee covers basic managerial services, and you will likely have to provide funds for routine bills, property maintenance, advertising and other projects. Make sure to ask about additional fees, including sign-on, vacancy and screening fees.

Wisconsin Landlord/Tenant Laws

  • Wisconsin laws provide no restrictions for landlords charging late fees as long as the fee is noted in the lease agreement.
  • Landlords can legally increase the rental rate on a month-to-month lease at any time.
  • If a landlord wishes to raise the rent for a tenant with an active lease that covers more than one month, they must wait until the lease expires.