The 16 Best Property Management Companies in Madison for 2023

The 16 Best Property Management Companies in Madison for 2023

Last Updated: January 9, 2023

Over the last 10 days, we meticulously reviewed all of Madison’s best property management companies based on fees, range of services and client satisfaction so that you can find the best property manager for your Madison investment property.

CCL Management

CCL Management has provided property management and real estate services to residential property owners and investors throughout the Madison area for over 30 years.

  • Address: 7704 Terrace Ave, Suite 1, Middleton, WI 53562
  • Phone: 608-833-0009
  • Service Types: Residential only
  • Years in Business: 30+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: B+
  • Management Fee(s): 8% of the monthly rent
  • Tenant Placement Fee(s): 5% of annual rent with property management or one month’s rent for tenant placement only
  • Lease Renewal Fee(s): $250
  • Miscellaneous Fee(s): $250 administrative/marketing fee

CCL’s brokerage helps investors get started with a new Madison rental property, offering a market analysis to identify unique investment opportunities in addition to assistance throughout the purchase process. They’ll also provide budgeting, consultation, and staging services to simplify the rental transition and allow you to start earning rental income as soon as possible. Existing and new property owners are provided a rental analysis, using market data and comparable local properties to accurately price your property and ensure you get the most out of your investment. Leasing and management services are available individually or combined for full-service property management that allows you to be hands-off completely. As part of their leasing services, CCL advertises your property, schedules and conducts showings, screens potential tenants, and drafts the lease in compliance with Wisconsin Landlord-Tenant laws. During tenancy, they also handle tenant communication, maintenance and inspections, rent collection, lease renewals and evictions, and monthly and year-end accounting, with income and expense reports available on-demand through the 24/7 online owner portal.

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Caribou Property Management

Caribou Property Management offers residential property and association management as well as real estate services to property owners and investors in the Middleton and Madison areas.

  • Address: 8309 Greenway Blvd. Suite 220, Middleton, WI 53562
  • Phone: 608-286-3825
  • Service Types: Residential and HOA
  • Years in Business: 9+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: B-
  • Management Fee(s): 7% of collected monthly rent
  • Tenant Placement Fee(s): $500
  • Miscellaneous Fee(s): $200 showing preparation fee

Caribou offers assistance with all steps of the rental process from start to finish, including real estate services to help you find a property to lease, full-service management to make it easy to get started earning rental income, and association management that aims to save you time. Their services are customizable so that they can address your individual needs completely without requiring you to settle for a one-size-fits-all plan, saving you time and money so that you’re only as involved with your property as you wish to be. Their full-service management offers comprehensive leasing services that prepare the property, create a listing to be syndicated throughout all major listing sites and the MLS, show the property to potential tenants, screen all applicants for background information, and handle lease negotiation and drafting in accordance with Wisconsin law to ensure compliance. In addition to leasing, their daily management includes 24/7 emergency support, all communication, rent collection and maintenance requests 24/7 through the tenant portal, inspections, lease renewals, evictions, and accounting that includes monthly profit/loss statements and annual tax information. Association management with Caribou includes individual property care as well as rule enforcement, dues collection, conflict resolution, vendor negotiations, project bidding, budgeting, full accounting, emergency management 24/7, a community website, and owner portals that provide important information on demand.

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Dobson Property Management

Dobson Property Management offers comprehensive residential, commercial, and association management backed by over a decade of Madison market experience.

  • Address: 208 E. Olin Ave. #207, Madison, WI 53713
  • Phone: 608-217-1547
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 13+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): 6.5% of collected monthly rent
  • Miscellaneous Fee(s): $99 set-up fee

Dobson is a one-stop-shop for management services, working with all types of properties as well as condo association management that includes individual property care. They pride themselves on simple and affordable pricing with no hidden fees, providing full-service management that takes care of every aspect of managing your property from start to finish. This includes tenant placement services that market the listing, show it with a licensed agent, screen all applicants for criminal, rental, and income history, and draft custom leases that protect you financially and legally, including security deposit handling. On top of finding qualified tenants for your vacancy, they also act as the primary contact for your tenant during the lease term so that you can avoid late-night calls or chasing down rent each month thanks to an online tenant portal where they can communicate with Dobson, pay rent, or request maintenance. If renewals or evictions are required, Dobson handles these for you to retain or replace your tenant so that you avoid vacancy and continue to collect rental income as often as possible.

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Cheng Real Estate Group

Cheng Real Estate Group is a real estate company that offers investment and property management services to the Greater Madison area.

  • Address: 7633 Ganser Way, Ste. 101, Madison, WI 53719
  • Phone: 608-957-2683
  • Service Types: Residential only
  • Years in Business: 5+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

Cheng offers full-service real estate management for residential properties that works to help you maximize your rental income thanks to market knowledge and full-service management plans that find and maintain high-quality tenancies. As real estate agents, they have expertise in helping to identify solid investment opportunities within the Madison market and close deals that provide a positive return as rental properties. They can help you make the transition to a rental property with a rental analysis and property preparation services that helps set expectations for income and gets your property rent-ready sooner. Their tenant placement can then begin to create a listing, market it throughout the MLS and sites like ZIllow to reach a wide range of potential applicants, show the property to applicants, screen potential tenants with background and court checks, and draft a custom lease in accordance with all Wisconsin Landlord-Tenant laws. Cheng also takes care of all daily responsibilities during the lease term, including all communication, rent collection, maintenance, lease handling, and accounting to allow you to be hands-off thanks to the 24/7 tenant and owner portals allowing on-demand assistance or information.

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Lakestone Properties

Lakestone Properties offers full-service property management and real estate services to property owners and investors throughout Madison and the surrounding areas.

  • Address: 5910 Main St, Ste 1, McFarland, WI 53558
  • Phone: 608-838-1800
  • Service Types: Residential and commercial
  • Years in Business: 6+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Lakestone aims to take the stress out of being a landlord by taking over daily responsibilities and to help you to maximize your return on investment. Their services include both leasing and management services that can be combined for full-service management that can be custom-tailored to meet your individual investment goals and needs. They offer a free rental analysis to determine the right price point for your property and make suggestions for value-adding renovations to increase your earning potential. Leasing services include extensive marketing, showings, thorough tenant screening, drafting a lease in compliance with Wisconsin Landlord-Tenant law, and security deposit escrow. During tenancy, Lakestone will handle all tenant communication, rent collection, regular and emergency maintenance, routine inspections, and renewals and evictions. Accounting services are provided with financial statements generated monthly, accessible at any time through the online owner portal.

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Real Property Management Greater Madison Metro

Real Property Management Greater Madison Metro offers residential-only property management services to Madison and the surrounding areas.

  • Address: 6441 Enterprise Ln, Ste 115, Madison, WI 53719
  • Phone: 608-310-1290
  • Service Types: Residential only
  • Years in Business: 8+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

RPM Greater Madison Metro helps you make more without the hassle of learning how to be an effective landlord or overseeing the day-to-day responsibilities of your rental property tenancy. Their full-service management plans allow you to hand off as much or as little of the responsibility as you want to, allowing you to focus on other things while your investment property provides a return without your input. They can prepare the property for leasing, find you a tenant with extensive marketing and in-depth screening that ensures only high-quality tenants are placed, negotiate the lease to ensure legal compliance, and then assume daily responsibilities like answering messages and maintenance requests, collecting the rent, processing renewals, overseeing evictions, and keeping track of your financial status through accounting. With RPM, you’ll receive an owner portal to access your financial records, maintenance reports, and inspection reports while your tenant can use their own 24/7 portal to pay rent or request maintenance at any time.

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Kane Property Management, LLC

Kane Property Management works with condos, commercial buildings, residential estates, and condo associations throughout the Greater Madison area.

  • Address: 525 Junction Rd, Ste. 6500, Madison, WI 53717
  • Phone: 608-843-0297
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 11+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Kane works with a variety of specific properties, offering management solutions for residential and commercial properties as well as association management for condos that emphasizes communication to help keep you informed and proactive care that prevents expensive damages to your investment. They offer full-service property management that includes leasing and daily management for individual properties as well as community management that takes care of board organization, budgeting & financial planning, dues collection, common area maintenance, negotiating vendor agreements, regulation enforcement, compliance assurance, and more with the intent of helping your condo association run smoothly, be cost-efficient, and improve the quality of living for all residents. Accounting is also provided as a part of most services that includes 24/7 access to all documentation and statements to help you stay on budget and up-to-date on your investment at all times.

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Birwood Property Management

Birwood Property Management has more than 17 years of experience offering residential property management and condo association management to the Madison area.

  • Address: 3165 E Washington Ave, Madison, WI 53704
  • Phone: 608-241-4449
  • Service Types: Residential and HOAy
  • Years in Business: 17+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A
  • Management Fee(s): Contact for pricing

Birwood works to provide full-service residential management that simplifies the rental process so that you can enjoy rental income without the time investment that being a landlord requires. They pride themselves on exceptional tenant retention thanks to fast maintenance and excellent communication which keeps tenants feeling looked after and therefore in your property for longer, avoiding vacancy costs and maximizing rental income. They ensure that all tenants placed as part of their leasing service are worthy of this investment thanks to extensive background checks and screening to vet all applicants for reliability so that you can avoid costly problems during the lease term. Birwood’s management services take care of all communication, maintenance requirements, and lease management while condo association management adds in board management, meeting oversight, budgeting, common area maintenance, dues collection, and more to improve your community.

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Madison Property Management, Inc.

Madison Property Management is a residential and commercial real estate and management company servicing the Greater Madison area.

  • Address: 1202 Regent St, Madison, WI 53715
  • Phone: 608-251-8777
  • Service Types: Residential and commercial
  • Years in Business: 34+ years
  • Rentals Managed: 5,000+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Madison PM works with all types of residential and commercial property, including single-family, multi-unit, retail, and mixed-use properties so that they can manage your entire portfolio for you. They offer buying services backed by a market analysis to help you find investment opportunities as well as preparation services to help you go from the market to rent-ready so that you can begin earning rental income as soon as possible. Their full-service management plans aim to simplify the rental process, taking care of finding the tenant and maintaining the property for you so that you don’t have to spend time, money, or effort establishing a tenancy to enjoy income from your rental. These services include marketing, showings, screening, leasing, rent collection, maintenance coordination, lease handling, accounting, and more with 24/7 access to owner and tenant portals as well as emergency support to help avoid costly disasters.

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Top Level Property Management

Top Level Property Management offers real estate brokerage, property, and association management services to Madison owners, investors, and communities.

  • Address: 7633 Ganser Way Suite 101, Madison, WI 53719
  • Phone: 608-209-7626
  • Service Types: Residential and HOA
  • Years in Business: 6+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

Top Level PM works with residential investment properties and HOAs to provide complete management services spanning the entire rental property process. Their real estate brokerage services help you find a new property to purchase for renting thanks to market research & analysis, buying assistance, and preparation for the rental market so that you can start earning rent sooner. Once the property is ready for the market, Top Level PM assists with preparing the listing, marketing it through the MLS and online rental resources, showing the property with licensed agents, and drafting a custom lease that ensures legal compliance for your peace of mind. Day-to-day management takes care of all tenant communication, maintenance handling, rent collection, renewals, evictions, and reporting while HOA management adds community-based services like landscaping, staffing, accounting, recordkeeping, owner relations, and legal compliance assurance services based on the Board’s needs for assistance.

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Broihahn Management & Consulting, LLC

Broihahn Management & Consulting, LLC offers full-service property management and consulting services to residential property owners and investors throughout Madison and the surrounding areas.

  • Address: 1502 W Broadway Suite #302, Madison, WI 53713
  • Phone: 608-222-1981
  • Service Types: Residential only
  • Years in Business: 21+ years
  • Rentals Managed: 1,000+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Broihahn aims to make earning passive rental income easy and stress-free by taking over the day-to-day responsibilities of managing your property. They offer both a rental and market analysis to help them understand your financial goals, create a marketing plan, determine the right listing price for your property, make suggestions for value-adding renovations, and prepare your property for showing and leasing. Once the property is prepared for leasing, Broihahn will market it, conduct showings, screen tenants, and draft a legally-compliant lease with simple terms that allow your tenants to feel comfortable while affording you the utmost protection. Management services offered include communicating with tenants, collecting the rent, performing routine and emergency 24/7 maintenance, conducting routine inspections, and coordinating renewals and evictions when necessary. Accounting services are offered through the online owner portal with monthly financial statements and end-of-year reports provided for tax season.

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IA Management LLC

IA Management has more than 4 decades of experience providing Madison property owners and investors with full-service property management services.

  • Address: 5315 Wall St, Suite 220, Madison, WI 53718
  • Phone: 608-422-5665
  • Service Types: Residential and commercial
  • Years in Business: 43+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

IA Management prides themselves on diligent management services that address each property’s individual needs down to the fine details so that you can enjoy the financial benefits of their extensive experience with fewer problems during the tenancy. Full-service management is available to get you started immediately in addition to individual tenant placement and daily management services that allow you to only pay for what you need. Their tenant placement ensures that only high-quality tenants are placed in your property thanks to in-depth screening and wide-reaching marketing campaigns that find more potential tenants quickly. Daily management is comprehensive and includes all communication with the tenant, rent collection through the tenant portal, in-house maintenance coordination with 24/7 requests, 24/7 emergency support lines, renewals, evictions, and financial reporting that provides monthly and annual statements through the owner portal.

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DSI Real Estate Group, Inc.

DSI Real Estate Group has more than 35 years of experience providing comprehensive real estate and management services to all types of property throughout Madison.

  • Address: 708 River Pl, Madison, WI 53716
  • Phone: 608-226-3060
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 35+ years
  • Rentals Managed: 650+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

DSI offers support for all steps of your rental property process from start to finish, including brokerage assistance, budgeting & forecasting, rental analysis, and more as well as full-service property and association management services that make them a one-stop-shop. Their management plans include both leasing and daily management that allows them to take your property from vacancy to income-producing quickly thanks to effective marketing strategies, in-depth screening to vet potential tenants, and timely rent collection. They also coordinate all maintenance, handle all communication, renew or terminate leases, and provide accounting for your property so that you can stay up-to-date on its status at all times. DSI’s association management strives to improve communities by addressing the individual needs of each community to ensure that the board, members, and grounds are taken care of. Services include maintenance & upkeep, board management, full accounting, community building, and more.

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Smith Management Co., LLC

Smith Management Co., LLC has nearly 30 years of experience providing full-service residential property management services to Madison and the surrounding areas.

  • Address: 20 N Blair St #105, Madison, WI 53703
  • Phone: 608-284-8483
  • Service Types: Residential only
  • Years in Business: 28+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Smith Management handles all aspects of the rental property process, working to fill your vacancies and oversee the tenancy from start to finish so that you can enjoy passive income generation. They pride themselves on effective tenant placement that leads to longer leases and high-quality tenants that help keep costs down to help maximize your profitability. Services begin with a free rental analysis that outlines your expected income and makes recommendations for cost-effective improvements before you transition to the tenant placement process. Smith’s tenant placement services include all marketing, showings, screening, and leasing while daily management addresses tenant communication, collects the rent, conducts inspections, addresses maintenance, and provides accounting services that keep you informed at all times.

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Bruner Realty & Management, Inc.

Bruner Realty & Management offers residential property and community management services to Madison and the surrounding areas, backed by over 35 years of experience in the market.

  • Address: 634 Struck St, Madison, WI 53719
  • Phone: 608-273-9390
  • Service Types: Residential and HOA
  • Years in Business: 36+ years
  • Rentals Managed: 1,300+
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

Bruner provides services for a wide range of residential real estate needs, including real estate services, full-service property management, and association management. They specialize in single-family homes and condominiums, with assistance throughout the whole rental property process from buying a new property to making the most of your existing property to elevating the standards of your association or community. Full-service management with Bruner includes both leasing and daily management, with leasing taking care of finding you a high-quality tenant through marketing, screening, and lease drafting services and daily management overseeing all operations of your rental property, including rent collection, maintenance, and accounting. Their condo association management works to provide a higher standard of quality for all members of your community, offering administrative, financial, maintenance, and community services that ensure fast, cost-effective, and reliable operations. Services available to associations include board meeting coordination, board organization, budgeting, dues collection, maintenance organization, vendor negotiation, common area maintenance & landscaping, and more.

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Palisade Property Management

Palisade Property Management offers residential and commercial property management services to clients throughout Madison and the surrounding areas.

  • Address: 725 E Johnson Street, Madison, WI 53703
  • Phone: 608-442-4200
  • Service Types: Residential and commercial
  • Years in Business: 40+ years
  • Rentals Managed: 1500+
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

Palisade PM handles all aspects of property management, taking care of all of the day-to-day operations and saving you time, money, and frustration. Their services begin with a complimentary rental analysis to outline your expected income, make recommendations on renovations that could add to your property’s value, and get your property rent-ready. Once your property is prepared to be leased, their team handles marketing your vacancy with professional photography and virtual tours, screening prospective tenants for proof of income as well as credit, criminal, and rental history, drafting and executing the lease agreement, and collecting the security deposit. During the lease, Palisade PM serves as the primary point of contact for your tenants, answering maintenance requests 24/7 and collecting rent in a timely manner. Daily management services also include inspections, lease renewals, evictions, and more.

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